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Enter Jack Shafer of Slate online magazine, waving a Times piece on Paul Wolfowitz's nomination as head of the World Bank. It contains the immortal phrase 'one of Mr Wolfowitz's associates, speaking on condition of confidentiality so as not to steal the spotlight, said_'. (The Guardian)

Loan Contribution Agreement/Arrangement. An agreement or arrangement between a World Bank entity, as Trustee, and an outside party making a contribution to a Financial Intermediary Fund in the form of a loan, which is repayable to the lender. (website of the World Bank)

Foreign debt is an outstanding loan or set of loans that one country owes to another country or institutions within that country. Foreign debt also includes obligations to international organizations such as the World Bank, Asian Development Bank or Inter-American Development Bank. Total foreign debt can be a combination of short-term and long-term liabilities. Also known as external debt, these outside obligations can be carried by governments, corporations or private households of a country. (Investopedia)

The government is checking if it can get an insurance payout under a program with the World Bank to help it respond to losses from the disaster, Finance Secretary Carlos Dominguez said. (Bloomberg)