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4 mins read
World Bank projects global economy to shrink by 5.2% in 2020
Economic activity in advanced economies is anticipated to contract 7 per cent in 2020 as domesti…
2 mins read
IMF, World Bank urge countries to open trade while battling Coronavirus
The International Monetary Fund (IMF) and the World Bank Group (WBG) have called on countries to ke…
2 mins read
IMF slashes key growth forecast and warns against 'a more adverse scenario for the global economy' as coronavirus spreads
"I cannot emphasize enough how urgent it is for authorities to lean forward in funding outbreak-rel…
Gina Heeb
1 min read
World Bank approves $1 billion funding for India, $200 million for Pakistan to fight coronavirus
The World Bank on Thursday approved a plan to roll out USD 160 billion in emergency aid over 15 mon…
PTI
3 mins read
By 2021, as many as 150 million people likely to be in extreme poverty due to COVID-19: World Bank
This would represent a regression to the rate of 9.2 per cent in 2017, according to the bienni…
3 mins read
World Bank warns global economy could be heading for a 'lost decade' of growth after the coronavirus pandemic
The coronavirus pandemic will hit long-term global economic growth and could even cause a 'lost dec…
Harry Robertson
2 mins read
Trump campaign releases statement on September jobs report: 'The Clinton-Obama economy is failing'
"Four more years of Clinton-Obama policies would mean four more years of mediocrity or worse for Am…
Pamela Engel
3 mins read
Indra Nooyi may be the next World Bank chief if she can clear Trump’s loyalty test
In an interview, after the Trump won the 2016 US election, Nooyi said, “Our employees are …
2 mins read
10 things you need to know before the opening bell
Former Manchester United coach Jose Mourinho, center, falls down after making the first puck drop a…
Jonathan Garber
3 mins read
Trump says he considered his daughter Ivanka for high-level positions at the UN and the World Bank because she's 'very good with numbers'
In 2018, Ivanka partnered with the World Bank to create the Women Entrepreneur's Finance Initiative…
Grace Panetta
2 mins read
Trump campaign reacts to disappointing jobs report: 'Direct result' of 'globalist policies'
He added: "The unemployment rate is unchanged at 4.9% rate. The country's labor force participation…
Oliver Darcy
2 mins read
Ivanka Trump says her dad asked if she wanted to lead the World Bank, but she turned it down
Trump is not the first president in US history to bring members of his family into key White House …
John Haltiwanger
4 mins read
2 of Trump's closest allies will attend Saudi Arabia's 'Davos in the Desert' after boycotting it last year over Jamal Khashoggi's murder
At first the Saudi government vehemently denied any involvement in Khashoggi's disappearance, but o…
Bill Bostock,Bill Bostock
2 mins read
Ivanka Trump is reportedly under consideration to lead the World Bank
The DC-based World Bank, founded after World War II to finance economic development projects in eme…
Grace Panetta
4 mins read
Trump officials and business leaders skipped out on Saudi Arabia's investment conference last year after Jamal Khashoggi's murder. This year, they're back.
Sir Richard Branson and Virgin Group pulled out of attending the three-day conference and promised …
Rosie Perper,Rosie Perper
4 mins read
Trump is stepping up the trade war with China, and he's convinced the US can win
The US is expected to press China to reform its economic practices, such as the alleged theft of US…
Bob Bryan
3 mins read
This timelapse map shows how wrong Donald Trump is about US unemployment
The 9.7% figure refers to something called the U6 rate. This measure loops in part-t…
Leanna Garfield
4 mins read
'Drain the swamp?' Trump's transition team is full of DC lobbyists and insiders
Meese served in the Reagan administration before becoming a top fellow at the Heritage Foundation -…
Natasha Bertrand
29 mins read
The White House is said to be vetting Judy Shelton for a seat on the Fed. She told us what she would bring to a central bank whose policies she has long criticized.
Stable prices? Stable usually means no movement. If that is the sacrosanct mandate then we get back…
Gina Heeb
19 mins read
MAULDIN: There's A Huge Problem With Our Deficit Forecasts -- They Assume A Perfect World
Note: Joining the Mauldin Circle is not an offering for any investment. It represents only the opin…