A UN agency wants the Fed to slow its interest rate hikes

The Federal Reserve's aggressive tightening policy has led the US dollar to appreciate to multi-decade highs. Now, a United Nations agency is warning that its actions, along with those of other...

A UN agency wants the Fed to slow its interest rate hikes

The Federal Reserve's aggressive tightening policy has led the US dollar to appreciate to multi-decade highs. Now, a United Nations agency is warning that its actions, along with those of other...

Al Gore & John Kerry Aim To Hijack The World Bank For Climate Agenda

Al Gore & John Kerry Aim To Hijack The World Bank For Climate Agenda Authored by Mike Shedlock via MishTalk.com, Let's discuss the goals of the World Bank and climate activists aim to...

Al Gore calls for World Bank President David Malpass to be fired for his climate record

'He needs to be replaced immediately,' said the former U.S. Vice President at Fortune's Global Sustainability Forum.

Developing Countries Face Stiff Economic Headwinds, World Bank Chief Says

World Bank chief David Malpass: Developing nations face challenging near-term outlook. Malpass says sharp slowdown in global growth raises risks of a prolonged recession. High food, fertilizer and...

Harris to discuss N.Korea missile test, U.S. EV subsidies with Yoon -official

SEOUL - U.S. Vice President Kamala Harris will condemn North Korea's missile launch and discuss Seoul's concerns over changes in U.S. electric vehicle subsidies during planned talks with South...

Japan to consider steps to cushion blow from rising utility bills

TOKYO -Japan's government is considering steps such as cash payouts to households and firms as well as subsidies for utilities to cushion the blow from rising electricity bills, the Nikkei...

World Bank to discuss in October replacement for 'Doing Business' reports

WASHINGTON - The World Bank's board will discuss plans next month for replacing the bank's annual "Doing Business" rankings that were canceled in September 2021 after an external report found...

World Bank's Malpass sees risk of stagflation, likely recession in Europe

WASHINGTON - World Bank President David Malpass on Wednesday warned that it could take years for global energy production to diversify away from Russia, prolonging the risk of stagflation, or a...

Why climate activists need to leave the president of the World Bank alone

David Malpass has been president of the World Bank since April 2019. He was appointed under President Trump but he has served as World Bank president for the last two years under President...

Head of World Bank under pressure after White House condemns his ‘climate denial’ comments

David Malpass apologises after saying he ‘doesn’t know’ if he accepts climate scienceDavid Malpass, president of the World Bank, faces an uncertain future this week, after the White House joined a...

Washington Watch: Embattled World Bank head Malpass says he should have made it clear that he’s not ‘a...

World Bank President David Malpass says no shareholders have asked him to resign. Malpass initially declined to say whether he accepts the scientific consensus on global warming. Critics have...

Washington Watch: Embattled World Bank head Malpass says he should have made it clear that he’s not ‘a...

A side-step around criticizing the oil and gas link to climate change prompted calls for David Malpass to step away from the World Bank, but he looks to stay.

World Bank president says won't resign over climate remark

World Bank President David Malpass says he won’t resign after coming under criticism for his remarks earlier this week regarding climate change

World Bank president says won't resign over climate remark

WASHINGTON (AP) — World Bank President David Malpass said Friday he won't resign after coming under criticism for his remarks earlier this week regarding climate change. At an event sponsored by...

World Bank President David Malpass on chopping block over lack of climate push

World Bank President David Malpass could be on the Biden administration's chopping block over climate change, according to a Friday report from Axios.

Climate activists want Biden to fire the head of the World Bank. Here's why

Climate activists have never liked Trump-appointed World Bank President David Malpass. But this week, his comments on climate change fueled calls for President Biden to make a change.

Risk Of Global Recession In 2023 Rises Amid Simultaneous Rate Hikes

Risk Of Global Recession In 2023 Rises Amid Simultaneous Rate Hikes Authored by Mike Shedlock via MishTalk.com, Central banks cut in unison in response to Covid. They are now hiking...

World Bank president should 'not mince words' on climate -White House adviser

By Valerie Volcovici PITTSBURGH - A top climate adviser to President Joe Biden on Friday said the head of the World Bank should "not mince words" on the scientific consensus on climate change and...

Biden is considering ousting Trump's climate-skeptical head of the World Bank

David Malpass deflected a question on climate change’s causes, saying, “I’m not a scientist.” Now the Trump nominee is apologizing.

World Bank president on chopping block over lack of climate push: report

World Bank President David Malpass could be on the Biden administration's chopping block over climate change, according to a Friday report from Axios.Some officials in the administration have...

World Bank's Malpass, under fire on climate views, says no shareholders asked him to resign

By Andrea Shalal WASHINGTON - World Bank President David Malpass on Friday said none of the global development bank's shareholders have asked him to resign despite a wave of criticism this week...

World Bank president declines calls to step down

World Bank President David Malpass said Friday that he will not resign, less than one day after Axios reported that Biden administration officials may try to oust him.The big picture: Malpass...

Sri Lanka aims to have $2.9 billion IMF loan finalised in December

By Jorgelina do Rosario and Uditha Jayasinghe LONDON - Sri Lanka expects the International Monetary Fund board to approve a $2.9 billion loan by year-end, officials from the country's central...

World Bank's David Malpass Says He Is Not Resigning Amid Criticism of His Climate Views

The international financial institution’s president says the bank’s shareholders haven't asked him to step down.

Scoop: Biden administration may try to oust World Bank head

David Malpass is a holdover from the Trump administration who some officials see as weak on climate.

World Bank head under pressure to quit over climate change doubts

David Malpass criticised for lack of leadership in climate-related finance for developing countries

Trump's World Bank chief rips Al Gore while casting doubt on climate change's real cause

Al Gore called David Malpass a "climate denier" on Tuesday, saying it was "ridiculous" he was leading the World Bank.

U.S. Senator Manchin releases permitting bill to speed energy projects

By Timothy Gardner WASHINGTON - U.S. Senator Joe Manchin on Wednesday released an energy permitting bill to speed fossil fuel projects and power transmission for renewable energy. The bill is...

World Bank's Malpass faces calls to resign after climate change doubts

By Valerie Volcovici and Kate Abnett WASHINGTON - World Bank President David Malpass came under heavy criticism on Wednesday after he declined to say whether he accepts the scientific consensus...

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