The World Bank’s chief financial officer has agreed to forgo a $94,500 annual bonus in order to quell a staff revolt hitting the bank as the world’s finance ministers ... Read More
Greece will unveil its 2015 draft budget, hearings for vice-presidential nominees for the European Commission will be held, and the World Bank and I.M.F. open annual meetings in Washington. ... Read More
The world has changed considerably since political leaders from the 44 Allied countries met in 1944 in Bretton Woods, New Hampshire, to create the institutional framework for the post-World ... Read More
A recently published World Bank policy research working paper on Ponzi schemes mentions bitcoin as a “naturally occurring Ponzi”, clarifying that it has nothing to do with deliberate Ponzi ... Read More
Asian stock markets were weak on Wednesday, dragged down by the World Bank’s lower global growth forecast. The bank cut its forecast for global economic growth this year to ... Read More
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