The World Bank concluded its annual meeting Saturday with the organization's president, Jim Yong Kim, vowing to turn the organization into a "solutions bank." We agree that change is needed, but we have a better solution. Dissolve the World Bank.
Wading into the funding clashes consuming Washington, World Bank President Jim Yong Kim bluntly warned Tuesday that America's financial woes could have grave consequences for some of the world's poorest economies.
The economic crisis that began in 2008 eroded public confidence in free markets - unjustifiably, in the minds of many - and set U.S. policy squarely on a path of increased financial regulation and governmental tinkering in the economy.
Rising tensions between North and South Korea ahead of U.S. military exercises on the Korean Peninsula next week have provoked a war — although one of words for the time being.
After horrific, firsthand accounts from students and multiple recent deaths, the long-accepted practice of hazing — both in Greek organizations and other university clubs — has been thrust into the spotlight, and a fierce, unprecedented crackdown from college leaders is gaining traction nationwide.
The World Bank will be interviewing candidates for its next president in a process meant to be open, transparent and merit-based. President Obama's nominee, Jim Yong Kim, president of Dartmouth College, has the inside track, though developing-country aspirants, such as Nigeria's Ngozi Okonjo-Iweala, are better qualified. There are also many Americans who would make a better choice.
President Obama weighed in for the first time on the killing of black teenager Trayvon Martin Friday in very personal terms, calling it a tragedy and urging the country to do "some soul-searching" about why it occurred.
President Obama on Friday nominated Dartmouth College president and global health expert Jim Yong Kim to lead the World Bank, an unconventional pick that could help to quell criticism in the developing world of the U.S. stranglehold on the international organization's top post.
In an effort to reduce the number of concussions and subconcussive hits, Ivy League football teams will be allowed to have just two full-contact practices a week, three less than the NCAA allows.