US President Joe Biden is nominating Indian-American businessman Ajay Banga to lead the World Bank, after its current head resigned early. The move comes as the US calls for reforms at the bank, including more action to address climate change.…
World Bank head criticised over climate stance to step down early
World Bank chief David Malpass has announced he will step down in June, nearly a year before the end of his term. Malpass, who was nominated to his five-year term by former United States President Donald Trump in 2019, said…
Facing calls to resign, World Bank president David Malpass changes answer on climate crisis
After earlier declining to say whether he accepts the scientific consensus on global warming, World Bank president David Malpass now says it is clear greenhouse emissions are causing climate change, defending his record as bank chief amid calls for his…
Making The Most Of Our National Indebtedness -Isidore Emeka Uzoatu
Debt is one of the few English words that can be translated to any language in the world without a shed of sweat. It’s that universal. No doubt, it ranks as one of the foremost liabilities hugging man- and womankind…