Tuesday 16 October 2018
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6 days ago

World Bank head says trade tensions could worsen poverty

NUSA DUA, Indonesia --- Escalating trade tensions between the U.S. and China could undo global progress in helping end extreme poverty, World Bank (WB) President Jim Yong Kim said Thursday at the outset of bank s annual meeting with the International Monetary Fund (IMF) and other financial institutions. Threats to growth and the trade that helps drive it are overshadowing the gathering of finance officials, central bankers and other leaders on the Indonesian island of Bali, a tropical tourist de

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