World Bank President To Step Down Early — Leaving Biden To Name Replacement

Topline World Bank President David Malpass announced Wednesday his plan to step down in June, nearly a year before the end of his five-year term, following a recent controversy over climate change com...

World Bank Warns Of Global Recession Risk

Getty Images Key takeaways The World Bank issued a bleak global growth outlook this week, revising last June’s projections down from 3% to 1.7% A significantly downgraded U.S. outlook hit particularly...

Global economy going into recession, 2023 growth to slow

The World Bank slashed its global growth forecasts from projections it made in mid-2022 on the back of what it sees as broadly worsening economic conditions. The international development institution ...

David Malpass’s Proper Admission That He’s Not a Scientist Isn’t Enough for the Science-Reverent

In 2008 Nigel Lawson published An Appeal To Reason: A Cool Look at Global Warming. The Tory radical who served as Margaret Thatcher’s Chancellor of the Exchequer was promptly attacked for having the t...