Georgieva takes over from Largarde, becomes first IMF chief from emerging economy
Bulgarian economist Kristalina Georgieva was confirmed on Wednesday as managing director of the International Monetary Fund, becoming the first head of the $1 trillion-asset global lender from an emerging market…
Funding injection needed to help poor farmers cope with climate
A doubling of international funding for agricultural science is needed to help half a billion small farmers cope with climate change – or the world risks mass migration and widespread…
Italy PM Conte says he would be glad to have a woman head the EU Commission, as summit enters Day 3
Italy’s Prime Minister Giuseppe Conte said on Tuesday he would prefer a woman as president of the next European Commission, as EU leaders meet for a third consecutive day to…
Search for European Commission president: Negotiations after all-night talks end in deadlock
European Union leaders went into an 18th consecutive hour of negotiations on Monday in a tortured search for a candidate to fill the post of European Commission president after…
World Bank’s new president skips China’s Belt and Road Infrastructure Summit for Africa trip
New WB President, David Malpass Nearly 40 world leaders and scores of finance officials, including International Monetary Fund Managing Director Christine Lagarde, are gathered in Beijing for China’s second Belt…
Climate Change: World Bank, Others to Double Investments to About $200bn from 2021-2025
The World Bank will give equal weight to curbing emissions and helping poor countries deal with the “disastrous effects” of a warming world as it steps up investments…