Politics Apr 21 WATCH: Treasury Secretary Yellen announces more financial support for Ukraine By Associated Press
World Apr 11 World Bank says Ukraine economy to shrink 45 percent after Russia’s invasion Unprecedented sanctions imposed by Western allies in response to the war, meanwhile, are plunging Russia into a deep recession, lopping off more than a tenth of its economic growth, the World Bank reported. By Associated Press
World Sep 18 Taliban replace ministry for women with ‘virtue’ authorities It was the latest troubling sign that the Taliban are restricting women's rights as they settle into government, just a month since they overran the capital of Kabul. During their previous rule of Afghanistan in the 1990s, the Taliban had… By Kathy Gannon, Associated Press
World Sep 18 Taliban replace ministry for women with one restricting them Afghanistan’s new Taliban rulers set up a ministry for the “propagation of virtue and the prevention of vice” in the building that once housed the Women’s Affairs Ministry, escorting out World Bank staffers on Saturday as part of the forced… By Kathy Gannon, Associated Press
World Sep 09 Lebanon to start paying cash aid to poor families next month The move comes at a time when the government is planning to end subsidies on vital products such as fuel and some medicines that is widely expected to increase prices of most products. By Associated Press
Jun 30 IMF and World Bank say Sudan meets initial debt relief criteria By Samy Magdy, Associated Press The World Bank and the International Monetary Fund have announced that Sudan has met the initial criteria for over $50 billion in foreign debt relief. Continue reading
Jun 02 Lebanese leaders exchange barbs as country sinks into crisis By Sarah El Deeb, Associated Press Lebanon's president and prime minister-designate have traded barbs, escalating a war of words that has for months obstructed the formation of a new government in a country hit by a devastating economic and financial crisis. Continue reading
Nov 26 James Wolfensohn, former World Bank president, dies at 86 By Associated Press Wolfensohn worked on Wall Street for many years before taking over as the head of the World Bank in 1995. Continue reading
Apr 17 WATCH: World Bank president pledges to try to cushion virus’ economic blow By Martin Crutsinger, Associated Press World Bank President David Malpass stressed that his agency was well aware of the rising threat from a health crisis that is expected to plunge the global economy into the deepest recession since the Great Depression of the 1930s. Continue reading
Feb 06 WATCH: Trump taps David Malpass to lead World Bank By Associated Press Malpass is a sharp critic of the 189-nation lending institution. Continue reading