World Bank

The World Bank has raised its forecast for the development of the Bulgarian economy in 2021. Bulgaria's annual GDP is expected to grow by 3.7%. The previous forecast was for growth at the end of 2021 by 2.6%. But the bank emphasizes that the country's return to pre-crisis indicators will take place only in 2022. The expected annual inflation of 3.2% is unchanged.

Ljubljana/Brussels – EU leaders will gather in Brdo pri Kranju on Tuesday for a strategic debate on the EU’s international role in the light of developments in Afghanistan, the AUKUS security partnership and relations with China. On Wednesday, the Slovenian EU presidency will host an EU-Western Balkans summit, but no significant developments are expected.

The International Monetary Fund boss, Kristalina Georgieva, is the victim of a plot to oust her, according to a Nobel prize-winning economist, after a report alleged that she applied "undue pressure" on staff to boost China's standing in global rankings while in her previous job at the World Bank.

An extraordinary meeting of the Group of 20 major economies to discuss Afghanistan will take place on 12 October, Italian PM Mario Draghi announced on Wednesday, Reuters reported.

Analysis by Joseph Stiglitz, American economist and Nobel laureate, comments for Project Sindicate

Senior US senators have called for "full accountability" in the World Bank case involving Kristalina Georgieva.

The chairman of the Senate Foreign Relations Committee, Democrat Robert Menendez, and James Rich, who is the highest-ranking Republican on the committee, sent a letter to President Joe Biden.

More than 21,500 homicides were committed in the United States last year, up 30 percent from the previous year, AFP reported, citing statistics released by the Federal Bureau of Investigation (FBI).

Iceland believed briefly on Sept. 26 it had become the first country in Europe to have a women-majority parliament after its election a day earlier, but a recount showed it fell short, an election official told AFP.

The authoritative world media outlet, The Economist calls on the managing director of the International Monetary Fund (IMF), Kristalina Georgieva, to resign.

The Economist called on the managing director of the International Monetary Fund, Kristalina Georgieva, to resign over her role in the scandal with China.