UNBELIEVABLE: 35 | History Defined

Slow start on World Bank reform angers climate-hit countries

World Bank meetings in Washington were supposed to be a first step in a new era of affordable loans for developing nations hard hit by climate change

The Independent UK · Apr 17, 2023

Age of globalisation is now the age of instability – and we need a plan

Bridgetown Initiative could be way for rich nations’ development finance words to become action

The Guardian - UK · Apr 16, 2023

World Bank: Peace Deal in Yemen Would Push Toward Sustainable Growth

The World Bank has revealed that in case a lasting truce or peace arises, the Yemeni economy could register more sustainable growth within months of the agreement.

Asharq Al-Awsat · Apr 16, 2023

Nirmala Sitharaman, World Bank chief discuss empowering women leaders

Union Minister Nirmala Sitharaman on Thursday (local time) participated in a panel discussion on 'Empowering Women as Entrepreneurs and Leaders' in Washington DC. Read further on Dynamite News:

Dynamite News · Apr 14, 2023

Workers at anti-poverty World Bank struggle to pay bills

As finance leaders from around the world meet at the World Bank in Washington this week, food service workers at the poverty-fighting organization are highlighting what they see as a galling situation: The workers who put food on the table for an organization whose mission is to fight poverty are…

The Independent UK · Apr 14, 2023

U.S., UK, EU officials met with financial firms on Russian sanctions evasion

Senior officials from the United States, Europe and Britain met on Thursday with financial institutions to brief them on efforts by Russia to evade Western sanctions imposed over its invasion of Ukraine, a senior U.S. Treasury official told reporters.

Reuters · Apr 13, 2023

'We need to stay engaged with developing countries': World Bank's van Trotsenburg

The World Bank and International Monetary Fund's Spring Meetings kicked off this week with concerns over high inflation, rising geopolitical tensions, climate change and financial instability. World Bank Senior Managing Director Axel van Trotsenburg told FRANCE 24 that "we need to stay engaged with developing countries. More than ever, problems…

France 24 · Apr 13, 2023

Brazil's Lula takes swipe at IMF and World Bank on China trip

Brazilian President Luiz Inacio Lula da Silva has praised the Shanghai-based New Development Bank (NDB) on his trip to China, saying it "frees emerging countries from submission to traditional financial institutions". The NDB was created by the BRICS group and is headed by his predecessor Dilma Rousseff. Meanwhile in Washington,…

France 24 · Apr 13, 2023

Wealthy west has little excuse after finally waking up to global debt crisis

As recent banking failures in US and Europe show, rich countries can act quickly when they want to

The Guardian - UK · Apr 13, 2023

First Thing: Pentagon leaks linked to young gun enthusiast employee – report

Man known online as ‘OG’ said to have access to classified material and to regard intelligence services as repressive. Plus, why America’s most popular flower ‘never goes out of style’

The Guardian - UK · Apr 13, 2023