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The World Bank was created at the 1944 Bretton Woods Conference, along with the International Monetary Fund (IMF). The president of the World Bank is traditionally an American. [12] The World Bank and the IMF are both based in Washington, D.C., and work closely with each other.
Jean Baptiste Point du Sable (French pronunciation: [ʒɑ̃ batist pwɛ̃ dy sɑbl]; also spelled Point de Sable, Point au Sable, Point Sable, Pointe DuSable, or Pointe du Sable; [n 1] before 1750 [n 2] – August 28, 1818) is regarded as the first permanent non-Native settler of what would later become Chicago, Illinois, and is recognized as the city's founder. [7]
The World Bank Institute is the capacity development branch of the World Bank, providing learning and other capacity-building programs to member countries. The IBRD has 189 member governments, and the other institutions have between 153 and 184. [2] The institutions of the World Bank Group are all run by a board of governors meeting once a year ...
In 1917 he moved his garment factory to Chicago, Illinois. In 1907 he organized the Lincoln Ohio Industrial Training School for Colored Youth. After the Red Summer of 1919 and growing bank movement within the African American community, [ 4 ] Chavers founded the first nationally chartered Black bank, the Douglass National Bank that received its ...
Between 2004 and 2013, the World Bank committed to lend or give at least $338 billion, according to bank data. Its private-lending affiliate, the International Finance Corporation, committed to invest at least $116 billion during the same period in corporations and other banks in pursuit of the overall goal of alleviating poverty.
Jewish men and boys standing on a sidewalk in Chicago, 1903 Theodore Roosevelt in Chicago, 1915 Map of downtown Chicago in 1917. During the election of April 23, 1875, the voters of Chicago chose to operate under the Illinois Cities and Villages Act of 1872. Chicago still operates under this act, in lieu of a charter.
The World Bank has regularly failed to live up to its own policies for protecting people harmed by projects it finances. The World Bank and its private-sector lending arm, the International Finance Corp., have financed governments and companies accused of human rights violations such as rape, murder and torture.
When Chicago was founded in 1837, most of the early building was around the mouth of the Chicago River, as can be seen on a map of the city's original 58 blocks. [104] The overall grade of the city's central, built-up areas is relatively consistent with the natural flatness of its overall natural geography, generally exhibiting only slight ...