Tag: World Bank

World Bank Cuts U.S. & Global Growth Outlook | Prof G Markets

Posted on by Lone Candle

U.S. and global economic growth predicted to slow due to really dumb economic policy out of Washington. Tariffs and unpredictability are bad for the economy.

Big tech companies are getting around antitrust by “investing” in startups, making their founder their employee, and pretending that this is an investment rather than an acquisition. This stifles competition.

https://www.youtube.com/watch?v=3cSLIx2X_A0

Biden gets chance to redefine World Bank role

Posted on by Lone Candle

“The Biden administration is about to undertake one of its most complicated international initiatives, installing a new leader at the World Bank who can steer the organization toward a sweeping climate change agenda.
Bank President David Malpass’s abrupt announcement that he will step down from his post a year early opens the way for President Joe Biden to choose someone who embraces the new goal of fundamentally overhauling the bank’s work to focus more on climate and other global challenges.”