What are the IMF and World Bank, and what happens if the US leaves?
Alarm is rising over Washington's potential withdrawal from global institutions, including the International Monetary Fund and the World Bank, with the no-show of U.S. Treasury Secretary Scott Bessent at G20 meetings adding to anxiety.
What happens if the US pulls support from IMF, World Bank?
The US and its allies established the International Monetary Fund and the World Bank after World War II to promote global economic stability and prevent future conflicts. However, speculation about Washington’s potential withdrawal from global financial institutions has grown,
Benevolent hegemon era over but Trump may not quit IMF, World Bank
The US president has cut down foreign aid drastically and pulled out of the Paris Agreement. But the Bank and IMF offer Trump a lot of political and f
Explainer-What are the IMF and World Bank, and what happens if the US pulls support?
LONDON - Alarm is rising over Washington's potential withdrawal from global institutions, including the International Monetary Fund and the World Bank, with the no-show of U.S. Treasury Secretary Scott Bessent at G20 meetings adding to anxiety.
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What happens if the US pulls out from IMF, World Bank?
Experts say Washington’s withdrawal would be a ‘disaster’ for its global influence, but it may prove to be ‘a gift to China’