In the latest swipe at bitcoin's credibility from a prominent member of the global financial and economic establishment, World Bank Group President Jim Yong Kim said Wednesday at a dinner in Washington that "the vast majority of cryptocurrencies"...Show More Summary
Welcome to Crypto Insider, Business Insider’s roundup of all the bitcoin and cryptocurrency news you need to know today. Sign up here to get this email delivered direct to your inbox. World Bank Group President Jim Yong Kim comparedShow More Summary
Major cryptocurrencies are all rising on Thursday morning but bitcoin is still down 20% over the last 7 days. World Bank Group President Jim Yong Kim compared cryptocurrencies to Ponzi schemes. LONDON — Cryptocurrencies are rallyingShow More Summary
Jim Yong Kim, the World Bank’s president, is trying to revitalize a hidebound institution. But his embrace of Wall Street is controversial.
The Paris climate summit next week offers a chance for concrete advances in the fight against global warming, even without the support of President Donald Trump, World Bank President Jim Yong Kim said.
Finance chiefs from around the world were warned Thursday to get their houses in order while the global economy is strong and be ready for possible shocks in the future. World Bank President Jim Yong Kim and International Monetary Fund...Show More Summary
Saudi Arabia and the United Arab Emirates have pledged $100 million to a women's business fund supported by Ivanka Trump, daughter of the president who Monday wound up a visit to Riyadh. World Bank president Jim Yong Kim announced the...Show More Summary
World Bank President Jim Yong Kim announced a $100 million donation to the fund from Saudi Arabia and UAE.
Saudi Arabia and the United Arab Emirates are donating $100 million to a women’s empowerment fund proposed by Ivanka Trump, President Donald Trump’s elder daughter and a senior White House adviser. World Bank President Jim Yong Kim announced...Show More Summary
LOS ANGELES – The World Bank president Jim Yong Kim said about two-thirds of jobs in the developing world may be lost due to automation. Kim made the comments during a presentation on May 1 at t he Milken Institute Global ConferenceShow More Summary
According to a senior administration official, Trump recently pitched the idea to World Bank Group President Jim Yong Kim, who then discussed it with other leaders, including German Chancellor Angela Merkel. [...] any involvement inShow More Summary
World finance leaders say they will seek to build support for free trade by finding ways to help those left behind by globalization. World Bank President Jim Yong Kim says … Click to Continue »
WASHINGTON (Reuters) - World Bank Group President Jim Yong Kim said on Thursday that the multilateral lender does not plan to change its stance on financing alternative energy projects and mitigating the effects of climate change.
Washington - World Bank President Jim Yong Kim said it’s important the US vote to replenish the development lender’s capital even after President Donald Trump proposed slashing foreign aid. “For us to not get a capital increase and step...Show More Summary
Exclusive: Bank chief Jim Yong Kim vows to expose governments that fail to tackle malnourishment as part of mission to rid world of stunting by 2030 Help fund our journalism by becoming a Guardian supporter The president of the World...Show More Summary
Board members cite “leadership and vision” of Jim Yong Kim after re-appointing him as president of the World Bank. ||| Washington - Jim Yong Kim was appointed for another five-year term as World Bank president, maintaining continuity at the development bank amid a growing debate about how fairly globalisation’s benefits are being shared. Show More Summary
Mr. Kim was the World Bank’s unanimous choice, and only nominee, continuing a tradition of having an American at the helm.
The World Bank said Wednesday that its current president, Jim Yong Kim, is the only person who has been nominated for the presidency of the 189-nation lending institution. … Click to Continue »
WASHINGTON (Reuters) - Nominations for the World Bank's next leader have closed with current president Jim Yong Kim the only candidate nominated, the bank said on Wednesday, virtually guaranteeing him another five-year term.
Despite persistent complaints from staff members about Jim Yong Kim’s leadership, the United States has tapped him for another five-year term.