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Showing posts from April 12, 2015
Asian Bank not Intended to ‘Overthrow’ World Bank, says Chinese Official China’s proposed Asian Infrastructure Investment Bank (AIIB) will have a constructive and complementary relationship with both the World Bank and the Asian Development Bank and is not intended to “overthrow” either institution, Zhu Guangyao, China’s Vice Minister of Finance, said April 17 at the Atlantic Council.
US-Cuba Forecast: Sunny? US President Barack Obama’s decision to take Cuba off the list of state sponsors of terrorism is a long-awaited move that “opens the door” to the re-establishment of relations with Cuba, said Peter Schechter, the Atlantic Council’s lead Latin America analyst.