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World Bank pledges $250 million to relief effort
United Nations:
The World Bank has pledged $250 million for the victims of the earthquake and tsunami in Southeast Asia, bringing the total amount of relief money pledged by the international community to close to half a billion dollars, UN officials have said.

The announcement was made after UN Secretary General Kofi Annan met with heads of UN agencies and leaders of Non-Governmental Organizations at UN headquarters in New York.

James Wolfensohn, President of the World Bank, participated in the meeting by telephone link.
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domain-B : Indian business : News Review : 03 January 2005 : international business