David Malpass
Hedging against risks?
American business magnate Warren Buffett predicts new bankruptcies of American banks. Economists at the International Monetary Fund (IMF) speak of superficial stability with turmoil already manifesting below the surface.
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Banga sole nominee to lead World Bank
Ajay Banga, the American pick to lead the World Bank, was the only candidate nominated for the position, the bank confirmed on March 30, paving the way for his likely appointment in the coming months.
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World Bank halts Tunisia program
The World Bank is pausing talks over its future engagement with Tunisia following anti-immigrant comments made by the country's president, Kais Saied, according to an internal message to staff seen by AFP.
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G7 meeting on Tuesday: Main topic on the agenda - Ukraine
The meeting will discuss the conflict in Ukraine and potential options for helping that country, said the President of the World Bank, David Malpass.
World Bank chief contrasts Microsoft deal with debts
After Microsoft announced it would spend tens of billions of dollars to buy a video game company, World Bank President David Malpass on Jan. 19 drew a contrast between the deal and the amount of money rich nations have pledged to help poor countries facing higher debt loads.
World Bank: The Poor Countries Will Take the Hardest Hit
The poor countries "will take the hardest hit, especially ones that were already heavily indebted before the crisis," said David Malpass, World Bank chief.
President tells Newsmax he’ll soon reveal policy on IMF and Greece
Less than 24 hours after the International Monetary Fund closed its four-day meeting in Washington the president himself told Newsmax Monday night that he would soon reveal his policy toward the financial colossus.