The World Bank report ranks the Philippines in the 138th among 185 economies studied in the ‘Doing Business 2013: Smarter Regulations for Small and Medium-Sized Enterprises.’
About 85 percent of ocean fisheries are fully exploited, over-exploited or depleted, including most of the stocks of the top 10 species, World Bank president Robert Zoellick told the World Oceans Summit in Singapore.
In October of last year, the World Bank reactivated an emergency fund that the development organization had launched in response to the 2008 food crisis.
Gold has become a reference for policy makers and investors alike. Recently, World Bank president Robert B. Zoellick, has surprised economic experts when he suggested that the price of gold should be considered as a financial yardstick.