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World Bank chief: ‘No country’ immune to unrest from inequality

No country in the world is immune from unrest arising from poverty and inequality, like that in Brazil, World Bank President Jim Yong Kim told AFP in an exclusive interview. “It shows that the power of civil society and the power of citizens to rise up is unlike anything we’ve…

World Bank chief believes U.S. will avoid recession

SINGAPORE — World Bank head Robert Zoellick said Tuesday he was confident the United States would not sink into another recession, despite widespread fears over the state of the world’s biggest economy. Zoellick’s comments come just days after official figures showed no jobs were created in the United States in…

U.S. denies Clinton seeking to be World Bank chief

WASHINGTON — Top US administration officials Thursday vehemently denied a report by the Reuters news agency that Secretary of State Hillary Clinton was in talks to become the next head of the World Bank. “It’s 100 percent untrue, Reuters is wrong,” Philippe Reines, a close advisor to Clinton, told AFP.…

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