The Biden administration said it would join Europe and other allies in stripping Russia of permanent normal trade relations, another step to inflict economic damage on the country over its invasion of Ukraine.
Tag: World Bank
As Need in Afghanistan Grows Dire, Aid Groups Plead for Help
Health clinics are closing. Temperatures are dipping. Prices are rising. Food and money are scarce. A calamity looms, humanitarian groups warn.
Taliban Complete Interim Government, Still Without Women
The Taliban spurned calls from the United Nations and big donors to include women in its new cabinet, but did add a few men from minority ethnic groups.
I.M.F. Chief Kristalina Georgieva Denies Claims She Inflated China Data
A World Bank investigation said Kristalina Georgieva, now the managing director of the International Monetary Fund, pressured staff to improve China’s ranking in a report when she was at the World Bank.
Inquiry finds World Bank officials, including now-I.M.F. chief, pushed staff to inflate China data.
An investigation focused on accusations that top World Bank officials pressured the team conducting an annual survey to improve China’s standing.
Health Care in Afghanistan Is Crumbling, Aid Groups Warn
After the Taliban’s takeover, international donors withdrew funds that hospitals and clinics depended on. Now a fourth wave of Covid looms.
The World Bank is freezing aid disbursements to Afghanistan.
The bank had committed nearly $800 million to the country in 2021.
Afghanistan Faces Economic Shock as Sanctions Replace Foreign Aid
The Taliban will be under pressure to keep a fragile economy afloat.
As Lebanon Collapses, Riad Salameh Faces Questions
People can’t get their money from banks, the currency has crashed and Riad Salameh’s reign at the central bank is facing allegations of fraud.
As Lebanon Collapses, the Man With an Iron Grip on Its Finances Faces Questions
People can’t get their money from banks, the currency has crashed and Riad Salameh’s reign at the central bank is facing allegations of fraud.