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July 6, 1990 | From Associated Press
Lending by the World Bank, the biggest source of aid to the Third World, has declined in the past 12 months for the first time since 1985, the bank reported Thursday. The decrease was partly because of a reduction in loans to China after tanks rolled into Tian An Men Square last year. Figures for the bank's year, which runs from July 1 to June 30, were made public by Moeen A. Qureshi, a Pakistani who is the bank's senior vice president for operations.
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BUSINESS
July 6, 1990 | From Associated Press
Lending by the World Bank, the biggest source of aid to the Third World, has declined in the past 12 months for the first time since 1985, the bank reported Thursday. The decrease was partly because of a reduction in loans to China after tanks rolled into Tian An Men Square last year. Figures for the bank's year, which runs from July 1 to June 30, were made public by Moeen A. Qureshi, a Pakistani who is the bank's senior vice president for operations.
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NEWS
January 15, 1990 | From Associated Press
Several Swiss lawmakers pledged help Sunday in tracing money that Nicolae Ceausescu reportedly hid in Swiss banks, but they said there was not yet proof any money had been transferred to Switzerland. Heinrich Ott, one of seven Swiss Parliament members meeting with Romanian officials, said there were reports that the executed Communist dictator had deposited $400 million in gold in Swiss banks before his ouster Dec. 22.
NEWS
January 15, 1990 | From Associated Press
Several Swiss lawmakers pledged help Sunday in tracing money that Nicolae Ceausescu reportedly hid in Swiss banks, but they said there was not yet proof any money had been transferred to Switzerland. Heinrich Ott, one of seven Swiss Parliament members meeting with Romanian officials, said there were reports that the executed Communist dictator had deposited $400 million in gold in Swiss banks before his ouster Dec. 22.
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