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WASHINGTON - The World Bank Board of Executive Director have approved a US$ 300 million loan for the Mato Grosso do Sul State Road Transport Project in Brazil's fast growing Center-West region. The project seeks to improve the efficiency of the State road network through rehabilitation and surfacing of about 1,200 km of paved roads, contributing to improved population mobility and increased economic competitiveness of the State.

WASHINGTON ― The World Bank has approved a US$ 130 million loan to support the Second Phase of the São Paulo Metro Line 4, which will improve public transportation and ease traffic congestion, while protecting the environment in the state of Sao Paulo.

WASHINGTON ― The World Bank has approved a US$ 64.5 million loan to the State of São Paulo, Brazil, in support of the Water Recovery Project - Reágua. The project will increase clean water availability in critical watersheds of the State, benefiting 27 million people, including 4.3 million people subject to high or extremely high social vulnerability.

WASHINGTON — The World Bank's Board of Executive Directors have approved a US$60 million credit for Kenya to support unemployed youth in the country.

WASHINGTON — The World Bank has approved additional financing of US$292 million for two ongoing projects in Bangladesh: US$257 million to provide long term finance for infrastructure through the Investment Promotion and Financing Facility (IPFF) Project and US$35 million for bringing disadvantaged and poor children back to school through the Reaching Out-of-School Children project (ROSC).

WASHINGTON - The World Bank's Board of Executive Directors has discussed a new four-year Country Partnership Strategy (CPS) for Côte d'Ivoire, focused on improving governance and rebuilding institutions, strengthening the performance of agriculture, supporting private sector development and renewing infrastructure and basic services. Job creation, particularly for millions of unemployed youth, and increasing opportunities for women, are two key cross-cutting objectives.

WASHINGTON — The World Bank has approved an additional US$3 million in financing for the Samoa Health Sector Management Program (HSMP) Support Project. The funds will assist the Government of Samoa in rebuilding the health sector following last year's tsunami and increase access to quality health services for Samoans.

WASHINGTON - The World Bank and the Inter-American Federation of Insurance Companies (FIDES) has signed a grant agreement aimed at reducing farmer vulnerability in Latin America and Caribbean.

New York: Remembering the terrible toll of the nuclear attacks during World War II on Hiroshima and Nagasaki, a senior United Nations official today appealed for an end to the use of the weapons, which remain an “apocalyptic” threat.

New York: Asian nations, particularly China and the Republic of Korea, are surging ahead of other major world economies with 'green' investments as a major part of their economic and employment recovery packages, according to a new book co-published by the United Nations Environment Programme (UNEP).