The wall street journal ceo conference this week heard about the Global Economic outlook from World Bank President jim yong kim. Well show you as much of this as we can until our live coverage at 8 30 eastern. [applause] so good morning. I was asked whether the ceos will actually show up for a panel at 8 15, and we all agreed, yes, so thank you for making me look like i know what im talking about. As you know, i am jim kim, the president of the world bank, stan fischer who accused me this morning of labeling him as venerable, which tells you what its like to be a reporter, whos had so many illustrious students that it took the International Monetary fund a day and a half to have of of them with paper. And Glenn Hubbard whos the dean of the Columbia Business School and was one of the advisers to george w. Bush. And i want to talk a little bit about the world economy, and i want to start oops, i want to start with the emerging markets. So a couple years ago i think one would have said th
Are suddenly surprised. Worth a thousand sales. Lets take you inside the perfect photograph that will get you to take at your credit card. Good morning, everybody. Happy friday. Happy pi day. Its a huge holiday. Escalating are between Vladimir Putin and the west over ukraine. Troops onlitary have the ukrainian border. The u. S. Calls this referendum illegal. John kerry is meeting with his russian counterpart. Peter cook is following the development. We thought we might hear from kerry already. He is due to speak shortly. Were supposed to get some readout on how his conversation with sergey b has gone in london. We know this is a final diplomatic push. Before that referendum on sunday. E heading into it this morning. Effort to trynal to deescalate this crisis. The u. S. Will offer some final ideas here for how the russians can work with the new Ukrainian Government and try to satisfy their concerns about their interest in crimea. We had sergey lab rob saying, this is obviously a difficu
Telling us about the american Success Story. Kicking it off with what everyone is talking about. A pivotal few days ahead of the international standoff over ukraine. This weekend, residents of crimea will vote on whether to break off from ukraine and become part of russia. The u. S. Is calling the referendum illegal. If the vote goes through, the crimean premier says the region would join russia as early as next week. John kerry meeting his russian counterpart Sergei Lavrov today in london. Here is secretary john kerry. We have a lot to talk about. I look forward to the opportunity to dig into the issues and possibilities that we may be able to find about how to move forward. Together and resolve some of the differences between us. We look forward to a good conversation. In ukraine, the situation not getting any calm her. Violence in the last 48 hours in the air of donetsk. Military exercises on the mediterranean. We had a statement about the violence in Eastern Ukraine suggesting that
Telling us about the american Success Story. Kicking it off with what everyone is talking about. A pivotal few days ahead of the international standoff over ukraine. This weekend, residents of crimea will vote on whether to break off from ukraine and become part of russia. The u. S. Is the referendum illegal. If the vote goes through, the says the region would join russia as early as next week. John kerry meeting his russian todayrpart Sergei Lavrov in london. Here is secretary john kerry. We have a lot to talk about. I look forward to the thertunity to dig into issues and possibilities that we may be able to find about how to move forward. Together and resolve some of the differences between us. We look forward to a good conversation. In ukraine, the situation not getting any calm her. Violence in the last 48 hours in the air of donestk. Of donetsk. Itaryesque assizes military exercises on the mediterranean. We had a statement about the violence in Eastern Ukraine suggesting that russ
You Transparency International has and been pleased to work with the bank. Andbank. In an i would love the panel to tell us something new that is going to be so startling that will make the headlines tomorrow. Maybe something you dont say in public. This is a relaxed conversation. To hear the conversations that go on a little bit like that James Wolfensohn shared at the beginning. Those moments, those thoughts are instructional and helpful. Mr. Volker . You want me to give a relaxed news headline . We talked about all the difficulties of dealing with corruption in countries. That is true in many countries. All of which are represented in the world bank board. It is a hard problem, dealing with corruption by all these other countries. It is a hard time changing the minds of the people in the world bank on the subject. Is tough and unpleasant it is a tough and unpleasant subject and makes it hard to get the money out there and get a project started. There was a lot of resistance to mr. W