World Bank President Ajay Banga announced that the organisation will return to supporting nuclear energy after staying out of the sector for many years (Image credit: AFP) The World Bank is re-entering the nuclear energy space “for the first time in decades,” its President Ajay Banga said Wednesday, as it works towards meeting growing electricity […]
Quick Take Summary is AI generated, newsroom reviewed. Pakistan plans to take India to international court over water treaty. India suspended the Indus Waters Treaty after recent terror attacks. ICJ and World Bank lack jurisdiction to resolve treaty disputes effectively. New Delhi: Pakistan, thirsty for some legal action over New Delhi’s move to place the […]
A growing split in US economic messaging is evident, as Treasury Secretary Scott Bessent’s call for international cooperation collided with president Trump’s renewed threats of trade tariffs and a hardline message from the White House press room.Speaking at the Institute of International Finance, Bessent reassured investors that the US remained committed to its global leadership […]
Treasury Secretary Scott Bessent on Wednesday called for major overhauls to the missions of the International Monetary Fund and the World Bank but said that the United States remained committed to maintaining its leadership role at the global economic institutions. The comments, made at a speech on the sidelines of the spring meetings of the […]
