News of world bank

Georgieva kept on as IMF chief after data scandal review

12-10-2021 11:48 Kristalina Georgieva will remain as head of the International Monetary Fund after the lender’s board reviewed accusations that she improperly influenced a World Bank ranking of China’s business climate.

Price increases

World Bank rules out risk of hyperinflation in Argentina

06-10-2021 21:22 World Bank official plays down risk of hyperinflation in Argentina and says new agreement with International Monetary Fund regarding multi-billion-dollar debt will further reduce possibility.

BLOOMBERG

IMF chief risks weakened authority after China-linked probe

17-09-2021 15:03 Kristalina Georgieva risks seeing her authority as head of the International Monetary Fund undermined, after being accused of influencing a report in China’s favour when she worked at the World Bank.

BLOOMBERG

Debt load threatens Latin America jobs recovery, World Bank says

14-09-2021 12:06 Latin America’s heavily-indebted corporations are likely to delay rehiring workers during the recovery from last year’s slump, according to the World Bank.

Human Rights

Argentina and the UK host virtual conference in name of LGBT+ rights

06-07-2021 12:12 Argentina and the UK to host a virtual conference of the Equal Rights Coalition, as co-chairs of the intergovernmental body dedicated to the protection of the rights of LGBTI people across the globe.

Economy

World Bank forecasts 'modest recovery' for Latin America and Caribbean

09-06-2021 14:51 Latin America and the Caribbean will have "modest economic recoveries" in 2021, the World Bank has warned. Argentina's economy forecast to rebound 6.4% this year.

Bloomberg

World Bank: Women on average have just 76% of men’s legal rights worldwide

24-02-2021 09:00 World Bank warns coronavirus pandemic is reinforcing gender inequality in many countries, with women on average having roughly three-quarters of the legal rights of men.

BLOOMBERG

Argentina seeking US$5 billion from multilateral banks for 2021

22-12-2020 20:41 Argentina is seeking about US$5 billion for next year from multilateral organisations other than the International Monetary Fund, reports Bloomberg.

G20 MEET

Argentina asks for help as Saudi hosts G20 virtual talks on virus recovery, debt crisis

18-07-2020 07:00 Foreign Minister Felipe Solá says he will urge the G20 to set up a global "solidarity-based fund" to address the increase in poverty in virus-battered countries.

TRAVEL & TOURISM

Pandemic to deliver 'unprecedented' blow to tourism in Latin America, Caribbean

02-07-2020 03:21 Coronavirus pandemic to deliver "unprecedented blow" to tourism in Latin America and the Caribbean, the Inter-American Development Bank warns.

Videoconference

Latin American leaders ask IMF, IDB, World Bank officials for support

25-06-2020 01:34 Presidents of nine Latin American nations ask International Monetary Fund, World Bank and the Inter-American Development Bank for support during virus crisis, including restructuring of debt.

Coronavirus pandemic

IMF predicts Argentina's economy will contract by 5.7% this year

14-04-2020 19:03 Fund's officials forecast that Latin America and the Caribbean as a region will contract 5.2% in 2020 as activity grinds to a halt.

ECONOMIC INDICATORS

World Bank: Argentina's economy to shrink by 5.2% this year

13-04-2020 08:41 World Bank predicts Latin America shrinking by 4.6% this year, with growth only returning in 2021.

MIGUEL ÁNGEL PESCE INTERVIEW

Miguel Pesce: ‘In this emergency, the mechanism is printing money’

11-04-2020 10:07 Central Bank chief Miguel Ángel Pesce on the economy, printing money, the coronavirus pandemic and the problems that lie ahead.

by Jorge Fontevecchia

Coronavirus Pandemic

World Bank lends US$300 million to Argentina to tackle virus

25-03-2020 16:41 Disbursement intended to strengthen social security system and minimise the impact of the coronavirus pandemic.

DISCOVERY

Wiesenthal Center reveals names of 12,000 alleged Nazis that lived in Argentina

04-03-2020 11:47 Argentine researcher Pedro Filipuzzi discovers list detailing 12,000 names of alleged Nazis who ended up in Argentina via bank accounts connected to the Credit Suisse Bank.

DEBT DEFAULT?

IMF waits for 'sustainable' plan as Fernández faces debt dilemma

19-11-2019 16:18 Director General Kristalina Georgieva continues to articulate optimism about working together with Argentina's incoming government, but she admits she'd "like to know more" about its plans.

ECONOMIC INDICATORS

Economic activity dropped 3.8% in August year-on-year

24-10-2019 21:00 The World Bank and the International Monetary Fund (IMF) recently predicted that Argentina's gross domestic product would decline by 3.1% in 2019.