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International finance

Climate change is high on the agenda as the World Bank gets a new president

by Lily Jamali
May 2, 2023
The outgoing World Bank president has been accused of downplaying the risks of fossil fuels.
Former Mastercard CEO Ajay Banga, the U.S. nominee for the World Bank presidency, is expected to bring a new focus on climate change to the institution's programs.
Alex Wong/Getty Images
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World Bank convenes amid a shaky global economic backdrop

by David Brancaccio , Alex Schroeder and Jarrett Dang
Apr 10, 2023
Chief David Malpass discusses the obstacles facing developing nations, including a scarcity of investment capital and loans from the rich world.
Outgoing World Bank President at an October news conference. He laments that "the investment rates into developing countries has turned downward."
Anna Moneymaker/Getty Images
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European Central Bank changes course on stimulus

by Nancy Marshall-Genzer
Mar 7, 2019
What is the bank reacting to?
Ralph Orlowski/Getty Images
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Brexit

European cities already working to woo British firms

by Jed Kim
Oct 19, 2016
"Tired of the fog? Try the frogs!" reads one slogan. Surely y'all can do better.
Le Département des Hauts-de-Seine et Defacto
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