Treasury Secretary Congratulates New World Bank President

Secretary Yellen voices support for Ajay Banga’s ability to form climate policy. Secretary of the Treasury Janet Yellen congratulated Ajay Banga last week after he was elected president…

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World Bank Freezes Afghanistan Aid

At issue is the legitimacy of Taliban rule. The World Bank suspended funding for dozens of projects in Afghanistan. The institution has committed around $5.3 billion for reconstruction…

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Secretary Yellen Calls for Global Corporate Tax

Goal is prevention of foreign tax havens. In her first major address as Secretary of the Treasury, Janet Yellen on Monday urged a global minimum tax on corporations…

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Sudan to Normalize Relations with Israel

Deal allows Sudan to receive money from the World Bank in the future.  On Wednesday, Sudan announced that it had signed an agreement with the United States to…

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