Development banking

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Biden taps former Mastercard executive Banga to lead World Bank

[ad_1] The White House announced Thursday that President Joe Biden has decided to nominate Ajay Banga, a former CEO of…

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Business

EXPLAINER: Can Ukraine pay for war without wrecking economy?

[ad_1] FRANKFURT, Germany — Even as Ukraine celebrates recent battlefield victories, its government faces a looming challenge on the financial…

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Business

World Bank president says won’t resign over climate remark

[ad_1] WASHINGTON — World Bank President David Malpass said Friday he won’t resign after coming under criticism for his remarks…

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Business

AP: Probe finds evidence of bank boss’ romance with top aide

[ad_1] MIAMI — Investigators say they found evidence a former Trump official who heads Latin America’s biggest development bank carried…

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