Articles about David Malpass

In its largest-ever crisis response, the World Bank deployed over $157 billion to fight the impact of the COVID-19 pandemic on health, economic and social fronts over the last 15 months.

The economic repercussions of coronavirus, which has already taken 423,844 lives globally, are mountainous. Thanks to lockdowns, enforced to break the transmission chain, even the richest countries are staring at oblivion.

The World Bank on Thursday approved a $1 billion emergency fund for India to deal with the coronavirus pandemic, which has killed over 70 in the country and infected 2,543.

US negotiators were in Beijing today for another round of talks on a trade deal with the clock ticking towards a March 1 deadline set by US President Donald Trump.

US President Donald Trump has nominated David Malpass, a vocal critic of the World Bank, to head the international financial institution, sparking concerns that he may seek to reduce the role of the global lender.

Indra K. Nooyi, who led PepsiCo for 12 years before leaving the company in August last year, is being considered for the top post of World Bank, multiple reports claimed.

The US is demanding transparency over China's debt on Pakistan, Under Secretary of Treasury for International Affairs David Malpass told lawmakers during a Congressional hearing, amid concerns that Islamabad is seeking a multibillion-dollar bailout package from IMF to pay back Chinese creditors.

China will send a top negotiator to the United States in late August to resume trade talks, Chinese Commerce Ministry said today, the first public meeting on the subject in weeks as the trade conflict intensifies.