AJ Impact

A Bulgarian woman, an economist, will soon lead the IMF

With support from the European Union, Kristalina Georgieva was formally approved to lead the multinational lender.

A Bulgarian woman, an economist, will soon lead the IMF

Environment

Lebanese dam project stirs earthquake fears, environment concerns

Experts, locals and activists deplore World Bank-funded dam project in Bisri Valley, rejecting council's assurances.

Lebanese dam project stirs earthquake fears, environment concerns

AJ Impact

News of progress between US and Mexico sends markets higher

US stocks and oil prices rose on Thursday afternoon on reports that Mexico and the US were getting closer to a deal.

News of progress between US and Mexico sends markets higher

AJ Impact

Slower growth, rising risks are weakening the global economy

World Bank says softer business confidence and trade is challenging the global economy in both the near and long-term.

Slower growth, rising risks are weakening the global economy

AJ Impact

Kenya seeks $750m loan for affordable homes and agriculture

World Bank loan would also help raise farmers' incomes and support development projects across the East African nation.

Kenya seeks $750m loan for affordable homes and agriculture

World Bank

World Bank under fire for Rakhine development plan in Myanmar

Rights groups are concerned that the development initiative could exacerbate divisions in the conflict-torn state.

World Bank under fire for Rakhine development plan in Myanmar

AJ IMPACT

World Bank preparing to become 'deeply involved' in Venezuela

IMF and World Bank chiefs address crisis in Venezuela on opening day of spring meetings.

AJ IMPACT

Debuts and pressing economic challenges on tap at IMF/World Bank

The two multilateral institutions attract power brokers from across the globe - and plenty of criticism.

Debuts and pressing economic challenges on tap at IMF/World Bank

Inside Story

Will Africa's historic Free Trade Agreement succeed?

Enough countries ratify deal to create one of the world's largest free trade areas.

AJ IMPACT

Trump's pick to head the World Bank wins election

Malpass has previously criticised global financial institutions, complaining they're overly generous to China.

World Bank board elects US Treasury's Malpass as next president

World Bank

Trump nominates World Bank critic to lead institution

US president taps Treasury's David Malpass, a Trump loyalist and World Bank critic, to head the institution.

Trump nominates US Treasury's David Malpass to lead World Bank

World Bank

Trump to tap World Bank critic to lead the institution: reports

US president is expected to nominate David Malpass, a Trump loyalist and World Bank critic, to head the institution.

Trump to tap World Bank critic to lead the institution: reports

AJ IMPACT

World Bank President Jim Yong Kim resigns

World Bank CEO Kristalina Georgieva will assume the role of interim president from February 1.

World Bank President Jim Yong Kim resigns

Indonesia

Indonesia quakes a 'wake-up call' on buildings' shaky foundations

While country has made progress on seismic safety, collapsed buildings show need for regulation and better enforcement.

Indonesia quakes a 'wake-up call' on buildings' shaky foundations

AJ IMPACT

Zimbabwe: Transaction tax causing a cash crisis

Zimbabwe's attempt to revive the economy makes matters worse for its struggling health system.