World News

World Bank Announces Development Aid for Burma

The World Bank has unveiled a $2 billion investment package for Burma to improve access to energy and health care.

Bank president Jim Yong Kim announced the financial program while visiting a community health clinic in Rangoon Sunday. It is Kim's first visit to Burma, also known as Myanmar.

Kim says the bank's support for Burma's reform effort is intended to help the government bring benefits to poor people more quickly.

The bank says more than 70 percent of Burmese do not have access to reliable electricity. Kim says expanding access to electricity can help transform society and bring an end to poverty.

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Kurdish Fighters Celebrate Kobani Victory

Video Kurds Celebrate Kobani Victory

Kurdish fighters, backed by US airstrikes, pushed back Islamic State fighters from the Syrian border town Kobani. This exclusive video shows the destruction of the city, celebrations of the fighters, plus continued firing on IS targets on the outskirts of the town. More