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…
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.
IMF and World Bank say Sudan meets initial debt relief criteria
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.
Lebanese leaders exchange barbs as country sinks into crisis
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.
Wolfensohn worked on Wall Street for many years before taking over as the head of the World Bank in 1995.
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.
Malpass is a sharp critic of the 189-nation lending institution.
In our news wrap Tuesday, Neomi Rao, the woman nominated to take the federal appeals court seat formerly held by Supreme Court Justice Brett Kavanaugh, voiced regrets for her past statements on rape, race and equal rights before the Senate…
Malpass would succeed Jim Yong Kim, who announced in January that he is stepping down three years before his term was set to expire.
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