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Jim Yong Kim

World Bank, IMF challenged by anti-globalization wave

WASHINGTON: World Bank and IMF leaders on Thursday confronted the rising unpopularity of globalization while urgently calling on countries to stimulate more equal economic growth. "My message to the members of the IMF tomorrow will be,…

World Bank chief Kim heads for 2nd term

WASHINGTON: World Bank President Jim Yong Kim effectively won a second five-year term after nominations to lead the global development bank closed Wednesday with no other candidates proposed.

World Bank to cut net 250 jobs

WASHINGTON: World Bank President Jim Yong Kim announced a net 250 job cuts Thursday -- the first major job reductions under his reorganization plans at the bulked-up development bank.