Keyword: World bank

  • Ex-PepsiCo CEO Nooyi considered for World Bank job - report
    Ex-PepsiCo CEO Nooyi considered for World Bank job - report
    1/15

    The White House is considering former PepsiCo CEO Indra Nooyi (pictured) as a candidate for the president of the World Bank, the New York Times reported on Tuesday citing people close to the matter.‚Äč Nooyi, who stepped down...

  • Ivanka Trump not candidate to lead World Bank
    Ivanka Trump not candidate to lead World Bank
    1/14

    United States President Donald Trump's daughter Ivanka is not a candidate for the president of the World Bank, White House spokeswoman Jessica Ditto said in a statement released on Monday.

    Dismissing reports she is under cons...

  • Ivanka Trump, Haley in play for World Bank: report
    Ivanka Trump, Haley in play for World Bank: report
    1/11

    First daughter Ivanka Trump (pictured) was floated as a possible candidate for the president of the World Bank after Jim Yong Kim's unexpected departure, the Financial Times wrote on Friday without naming sources. Citing rumors insid...

  • World Bank: Global growth to slow due to trade war
    World Bank: Global growth to slow due to trade war
    1/8

    The World Bank downgraded its global economic growth outlook for 2019 to 2.9%, according to its publication released on Tuesday. The financial institution stated that the slowdown was mostly attributed to the trade tensions between the U...

  • World Bank president to step down February 1
    World Bank president to step down February 1
    1/7

    The World Bank Group announced on Monday that its president, Jim Yong Kim (pictured), will leave his position on February 1. His term was set to expire in 2022.

    The interim role will be assumed by the Chief Executive Officer of t...

  • World Bank doubles investment to fight climate change
    World Bank doubles investment to fight climate change
    12/3/2018

    The World Bank announced that it is doubling its current five-year investment to $200 billion for fighting climate change for 2021-2025. According to the statement made by the organization, the new plan "boosts support for adaptatio...

  • World Bank chief to skip Riyadh conference amid Khashoggi affair
    World Bank chief to skip Riyadh conference amid Khashoggi affair
    10/12/2018

    President of the World Bank, Jim Yong Kim (pictured) will skip the high profile "Future Investment Initiative" conference in Riyadh amid Saudi Arabia's alleged role in the disappearance...

  • Tech giants fight famine with World Bank, UN, ICRC
    Tech giants fight famine with World Bank, UN, ICRC
    9/24/2018

    The Famine Action Mechanism (FAM) is being introduced at a group of countries which struggle with food, in an initiative spearheaded by the World Bank, United Nations and International Committee of the Red Cross, which announced the part...

  • World Bank: Global economy to expand in 2018
    World Bank: Global economy to expand in 2018
    1/10/2018

    The World Bank stated it predicts global growth will expand 3.1% this year, the BBC reported. Following years of recovery after the 2008 financial crisis, the world's economy is expected to retain growth level through 2020.

    &...

  • World Bank to stop funding upstream oil, gas
    World Bank to stop funding upstream oil, gas
    12/12/2017

    The World Bank Group announced on Tuesday it will no longer finance upstream oil and gas projects after 2019. Following the One Planet Summit in France, it said the decision is in line with its support to developing nations.

    Howe...

  • World Bank lowers global oil outlook in 2017
    World Bank lowers global oil outlook in 2017
    10/26/2017

    International financial institution The World Bank lowered the global forecast for oil prices in 2017 by $2 to stand at $53 per barrels, according to an official report published on Thursday. The organization said, however, that price of...

  • World Bank forecasts oil prices at $60 pb in 2018
    World Bank forecasts oil prices at $60 pb in 2018
    4/26/2017

    The World Bank is expecting the oil prices to rise to $60 per barrel in 2018, according to its report published on Wednesday. The institution stated that the average price of oil should amount around $55 per barrel in 2017 and then incre...