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World Bank's climate focus inspires interest for record 10-year

World Bank's climate focus inspires interest for record 10-year
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World Bank Prices Dual Tranche AUD 800 Million Kangaroo Bonds While Highlighting Climate Action

World Bank Prices Dual Tranche AUD 800 Million Kangaroo Bonds While Highlighting Climate Action
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World Bank Prices Dual Tranche AUD 800 Million Kangaroo Bonds While Highlighting Climate Action

Panelists discuss combating COVID-19 together

Panelists discuss combating COVID-19 together Panelists discussed the economics of the COVID-19 pandemic in relation to global organizations like the International Monetary Fund (IMF), United Nations (UN) and the World Bank in a webinar on March 24. Olaf Unteroberdörster MS ’98, Ph.D ’98, a Brandeis international business school alumnus and division chief at the International Monetary Fund, Elida Reci MA ’99, Governance and Public Administration officer at the United Nations and Andrea Dore MA ’98, head of funding at the World Bank, shared insights on how multinational organizations finance the global recovery from the pandemic.  When COVID-19 first hit, the World Bank announced its first $12 billion emergency response to 25 under-developing countries. In her time working at the World Bank, Dore said she, “hasn’t seen anything like the speed and magnitude of COVID-19 response.” In April alone, $15 billion was raised for COVID-19 relief funds, including one $8 billio

Dollar reliability shaken as euros step up

By Lewis McLellan 17 Dec 2020 In the not so distant past, financial markets looked upon the dollar as the safe haven. But in 2020, the US currency’s very status as the default choice in times of trouble worked against it. Looking ahead, issuers may not be so keen to rely on it when times get tough. Lewis McLellan reports. Some have suggested that changing global political dynamics mean that the dollar is losing its position atop the international hierarchy. Whether or not this is the case, the fact is that the majority of the world’s debt is dollar denominated and that this gives it a unique importance.

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