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
Feb 05 Watch 5:36 News Wrap: Trump court nominee says her past statements on date rape make her ‘cringe’ 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… Continue watching
Feb 05 Trump expected to tap critic of the World Bank to lead it By Darlene Superville, Associated Press Malpass would succeed Jim Yong Kim, who announced in January that he is stepping down three years before his term was set to expire. Continue reading
Apr 21 U.S. defends tough trade stance at global finance meeting By Paul Wiseman, Martin Crutsinger, Associated Press The United States is resisting pressure to back off President Trump's America First trade policy at a meeting of global finance leaders worried about the threat of a damaging trade war. Continue reading
Jul 08 Trump pledges $50 million to help women entrepreneurs By Jill Colvin and Geir Moulson, Associated Press President Donald Trump said Saturday the U.S. would contribute $50 million to a new World Bank fund conceived by his daughter that aims to help women entrepreneurs access capital and other support. Continue reading
Apr 22 Global finance leaders dodge conflict with Trump White House By Paul Wiseman and Martin Crutsinger, Associated Press Global finance leaders sought to avoid conflict with the Trump administration over trade and environmental policy. Continue reading