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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).

New York: Thousands of Somalis fleeing the violence in their homeland are expected to cross into neighbouring countries this year where they will add to already overcrowded and under-resourced conditions in camps, the deputy United Nations chief for refugees has said.

Chairperson David Walker told negotiators on 3 May 2010 that he would adapt his plans for the farm talks later this month, to take into account their suggestions. The 3 May meeting was the first time agriculture negotiators had met since the end-of-March “stocktaking” sessions in the Doha Round, and was intended as an opportunity to discuss how the farm talks should proceed.

TASHKENT, UZBEKISTAN - The Asian Development Bank (ADB) today announced an Asian solar energy initiative to generate some 3,000 megawatts of solar power over the next three years.