By David Stanway SINGAPORE (Reuters) – A team of influential economists has urged China to adopt a new development model based on “wellbeing” rather than GDP growth in order to fulfi[...]
Read more
Environment
World Bank board aims to pick next president by early May, U.S. nominee expected soon
By Andrea Shalal WASHINGTON (Reuters) -The World Bank’s executive board expects to select a new president by early May after last week’s news that David Malpass will leave the top job well[...]
Read more
Factbox-Who could replace World Bank President David Malpass?
By Valerie Volcovici, Andrea Shalal and David Lawder WASHINGTON (Reuters) – The World Bank on Wednesday said it expects to select a new president by early May to replace David Malpass, who annou[...]
Read more
Turkey supports jobs and wages in earthquake-ravaged south
By Ali Kucukgocmen and Henriette Chacar ANTAKYA, Turkey (Reuters) – Turkey launched a temporary wage support scheme on Wednesday and banned layoffs in 10 cities to protect workers and businesses[...]
Read more
French Finance Minister to meet retailers this week over food inflation worries
By Dominique Vidalon PARIS (Reuters) – French Finance Minister Bruno Le Maire said on Monday he will meet retailers this week to find ways to help shoppers cope with high food price inflation, w[...]
Read more
Disasters lower outlook for New Zealand interest rate rise
By Lucy Craymer WELLINGTON (Reuters) – Expected damage to New Zealand’s economy from severe weather over the past three weeks has prompted financial markets to downgrade the outlook for in[...]
Read more
U.S. to push debt relief, Ukraine aid at G20 finance meeting in India
By David Lawder WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen will travel to India next week for G20 finance meetings that will focus on unblocking distressed-country debt restructuring,[...]
Read more
Exclusive-World Bank’s Malpass on surprise exit: Four years is a long time
By Andrea Shalal WASHINGTON (Reuters) – World Bank President David Malpass on Thursday told Reuters he decided to leave before his five-year contract ended because he felt work was well underway[...]
Read more
Germany dashes hopes for new EU common borrowing
By Maria Martinez and Jan Strupczewski BERLIN (Reuters) – Hopes for new joint European Union borrowing to support Europe’s green industry were dashed as northern EU members, led by Germany[...]
Read more