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Slower growth forecasted in East Asia – but things could be worse

James I Davison's picture

Upon releasing its half-yearly economic report of East Asia and Pacific early today, the World Bank is forecasting slower growth and intensifying economic turmoil in the region’s developing countries. But it could be worse, said Jim Adams, World Bank vice president for the East Asia and Pacific region, quoted in an AP article.

Bloggers offer Asian perspectives on World AIDS Day

James I Davison's picture

For about a week, I've been reminded of today's 20th anniversary of World AIDS Day by a giant red ribbon hanging on the World Bank's main building here in Washington, DC. A few stories tall, the ribbon is a simple, yet powerful reminder that 33 million people are living with HIV worldwide.

China experts to answer questions in live online chat

James I Davison's picture

Amid all the news of the slowing global economy, I’m not sure anyone was too surprised that the World Bank’s latest China economic projections estimate the country’s economic growth, despite remaining relatively strong, will continue to slow in 2009.

Teleport yourself into the discussion on Oct. 30

Elisabeth Mealey's picture

Whether it is connecting with someone in another continent without leaving home or jetting off in a flying car, someone familiar with Second Life knows that pretty much anything is possible in the online virtual world—from the serious to the ridiculous.

On Thursday, October 30, at 2 p.m. Washington time, Second Life users will be able to learn the results of the Doing Business 2009 report when it is launched on this island. Doing Business, a report published by the World Bank and the International Finance Corporation, ranks economies around the world based on how easy it is to do business, considering the level of laws and regulations in a region. The report aims to improve business environments, in part through dialogue and reform.

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