World Bank

The head of the International Monetary Fund warned on April 14 that Russia's war against Ukraine was weakening the economic prospects for most of the world's countries and called high inflation "a clear and present danger" to the global economy.

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.

The International Monetary Fund's (IMF) Governing Council has confirmed that it has full confidence in Managing Director Kristalina Georgieva, after examining allegations that during her time at the World Bank she pressured experts to change data in a way that would benefit China. , world agencies reported.

Lawyers who investigated World Bank data-rigging allegations against IMF Managing Director Kristalina Georgieva violated World Bank staff rules by failing to notify her that she was a subject of the probe and by not allowing her to respond to its findings, Georgieva's attorney said.

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.

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.

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.

It is the greatest desire of Turkish Cypriots to make the Turkish Republic of Northern Cyprus (TRNC) one of the most important trade centers in the world, its prime minister said on Sept. 22. 

Ersan Saner told Anadolu Agency that his government keeps relations with Turkey at the highest level and it is satisfied with the economic and cooperation work between the two countries.