Robert Zoellick

  • Jim Yong Kim chosen to head World Bank April 16, 2012

    Washington: The World Bank on Monday chose Korean-born American health expert Jim Yong Kim as its new president, maintaining Washington's grip on the job and leaving developing countries questioning the selection process. Kim, 52, won the job over Nigeria's widely respected finance minister, Ngozi Okonjo-Iweala, with the support of Washington's allies...
  • Will support BRICS bank: World Bank President April 4, 2012

    Beijing: Outgoing World Bank President Robert Zoellick on Tuesday said he would back the proposed BRICS bank desired by the five member grouping for various reasons including large infrastructure demand by India. The bank chief said he favoured his organisation working with such a lending agency as with any other development...
  • WB chief bats for Pranab on changes in tax laws March 30, 2012

    New Delhi: Batting for Finance Minister Pranab Mukherjee's proposal to tax Vodafone type deals, the World Bank president Robert Zoellick on Friday said that India wants the company should pay tax at some place and investors must give some time to the Government to explain the details. "The Indian Government is...
  • Controversy over India poverty line overdone: WB March 30, 2012

    New Delhi: Lauding India for managing to reduce poverty, World Bank President Robert Zoellick on Friday said that controversy over poverty line of Rs 28.65 daily consumption was "overdone". "I have to tell you frankly that I think, it has been overdone," he said when asked about his views on the...
  • India should push reforms to maintain growth: WB President March 29, 2012

    World Bank President Robert Zoellick has said that global economy is on the path to recovery. ...
  • World Bank chief praises Odisha government March 29, 2012

    Bhubaneswar: Pledging to step up financial support for Odisha's sustainable development, World Bank on Wednesday hailed the state for achieving fiscal stability and poverty reduction. In view of the needs to pursue sustainable and inclusive development, knowledge and financial support for Odisha would be stepped up, World Bank President Robert B...
  • India says no BRICS candidate for World Bank March 27, 2012

    New Delhi: India on Monday said the BRICS forum of emerging countries have no plans to field or rally behind a common candidate to head the World Bank, but stressed that it supported "an open and merit-based process". "I have not heard anything so far (about a common candidate)," Sudhir Vyas,...
  • World Bank candidate confronts status quo March 26, 2012

    Washington: Emerging economies must be given a fair shot at leading the institutions at the heart of global finance or they will end up going their own way, a challenger for the top job at the World Bank said. "The balance of power in the world has shifted and emerging market...
  • World Bank issues SOS for oceans, backs alliance February 24, 2012

    Singapore: The World Bank announced on Friday a global alliance to better manage and protect the world's oceans, which are under threat from over-fishing, pollution and climate change. Oceans are the lifeblood of the planet and the global economy, World Bank President Robert Zoellick told a conference on ocean conservation in...
  • World Bank president decides to step down February 16, 2012

    Washington: World Bank President Robert Zoellick has announced to step down from at the end of his five-year-term in June, giving rise to speculation that the Secretary of State, Hillary Clinton, may be headed to replace him, which was immediately denied by her aide. In a statement on Wednesday, World Bank...
  • Global economy in danger zone: World Bank chief September 3, 2011

    Beijing: The world economy is stepping into a "new danger zone," World Bank President Robert Zoellick said on Saturday, as growth slows and investor confidence weakens. Speaking in Beijing, Zoellick urged Europe and the United States to tackle their debt problems, and noted that near record-high food prices and volatile...
  • Markets heading to danger zone: World Bank head August 15, 2011

    Sydney: The loss of market confidence in economic leadership in key countries like the United States and Europe coupled with a fragile economic recovery have pushed markets into a new danger zone, something that policymakers have to take seriously, the head of the World Bank said on Sunday. Speaking at the...
  • World Bank chief urges broad global trade accord July 19, 2011

    Washington: World Bank President Robert Zoellick, in remarks released on Sunday, said it was time for countries to get out of their defensive positions on trade and push for a broad agreement that could help the struggling global economy. In a speech to the World Trade Organization that he is to...
  • Hillary says not pursuing World Bank job June 11, 2011

    Lusaka: Secretary of State Hillary Clinton on Friday said she was not in discussions over the top job at the World Bank and that she was not pursuing the post. Hillary is in Zambia as part of a five-day Africa trip that is being overshadowed by news that she had expressed...
  • World Bank chairman on two-day visit to Bihar January 11, 2011

    Patna: World Bank chairman Robert B Zoellick would be on a two-day visit to Bihar from Wednesday on the occasion of signing of an agreement with Bihar government for a Rs 1000 crore soft loan for rebuilding areas affected by the 2008 Kosi floods. Chief Minister Nitish...
  • World Bank fears global economy will shrink, and kill March 21, 2009

    Brussels: The global economy is set to shrink by one to two percent this year, World Bank President Robert Zoellick said on Saturday, saying the depth of the slowdown was unprecedented since the 1930s Great Depression. Speaking at a conference in Brussels, Zoellick referred to an International Monetary Fund (IMF) forecast...
  • World Bank says 2009 will be a 'very dangerous year' March 13, 2009

    London: The world economic crisis will be deeper and longer if government stimulus packages are too modest and states fail to take joint action to fix their banks, World Bank President Robert Zoellick said on Friday. Warning that 2009 will be a "very dangerous year", he said state stimulus alone would...
  • India, China are big: Germany agrees | US fears, predicts November 21, 2008

    Frankfurt: Emerging economies such as India and China must be consulted in forging a solution to the world economic crisis, German Chancellor Angela Merkel said on Thursday. Speaking at the same conference in Frankfurt, World Bank President Robert Zoellick warned that more action was needed to prevent the world financial crisis...