The #WorldBank says reducing dependence on China is "probably good for everyone." That’s the organization’s present comments on the issue.

Shipping is grinding to a halt on Chinese highways. Lockdown protocols have left #Truckers trapped in their vehicles, and the backup is now hitting #SupplyChains.

⭕ Watch the full episode 👉https://ept.ms/FleeingChina

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The #WorldBank says reducing dependence on China is “probably good for everyone.”

Shipping is grinding to a halt on #Chinese highways. Lockdown protocols have left truckers trapped in their vehicles affecting supply chains.

👉 WATCH NOW on @EpochTV : https://ept.ms/FleeingChina

Is #China becoming the world’s loan shark? The country became the world’s largest creditor in 2017, surpassing the #WorldBank, #IMF, and all Paris Club official creditors combined.

That and much more coming up on NTD Business.

🔵 Watch NOW👇
https://ept.ms/ChinaLoanShark

President Joe Biden announced that the United States has nominated #AjayBanga, the former CEO of Mastercard, to serve as president of the #WorldBank. The nomination came just a week after current president David Malpass, a Trump nominee, announced his intention to resign early.
https://www.ntd.com/biden-nominates-wall-street-veteran-ajay-banga-as-world-bank-president_903486.html

#WorldBank expects slow global economic growth for reasons including sluggish productivity and #labor force growth. What’s behind the sluggish productivity growth? NTD spoke to Derek Georgino, risk consultant in Greater LA, for his thoughts.
https://www.ntd.com/working-from-home-lowers-productivity-analyst_910833.html

At a Tuesday press briefing ahead of the #G20 summit, national security adviser Jake Sullivan says the United States and other nations need to invest, “fundamentally reshaping” and “scaling up” the #WorldBank and International Monetary Fund. https://www.ntd.com/sullivan-biden-admin-has-agenda-on-scaling-up-world-bank-and-imf_940123.html

Global #OilPrices could be pushed into “uncharted waters” if the ongoing conflict between Israel and Hamas spills over into broader violence across the #MiddleEast, the #WorldBank said.
https://www.ntd.com/escalation-in-middle-east-could-push-oil-price-into-uncharted-waters-world-bank_951239.html