World Bank

Tsakalotos among possible candidates for top job at IMF, CNBC reports

As the International Monetary Fund prepares to choose a new managing director to replace Christine Lagarde, who is to leave the post in the coming months, CNBC has reported that former Greek Finance Minister Euclid Tsakalotos is among the candidates in the running for the job.

Day 3 Talks on the Allocation of Senior Posts in the EU Continue

The talks on the allocation of senior posts in the European Union are being renewed, writes NOVA TV. 

In two consecutive days, negotiations in Brussels failed. The 28 Heads of State and Government can not choose who will be at the head of the European Commission and with what posts those who compromise will be compensated.

UN: Climate Change Will Push 120 million People Into Poverty by 2030

A new report published on Tuesday estimated that more than 120 million people could slip into poverty within the next decade because of climate change.   As extreme weather events such as droughts, floods and hurricanes become more frequent, the world's poorest people will be forced to "choose between starvation and migration," the report warned.

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