Jim Yong Kim, president of the World Bank: “Every single country we look at, we ask ourselves the question: is this particular choice of investments that we are making - is it going to reduce inequality and lift people out of poverty or is it going to make inequality worse?.” Photograph: Frank Rumpenhorst/EPA

“The Koreans have a saying that you bury your spouse in the ground but you bury your children in your heart,” said Dr Jim Yong Kim. The Korean-born h(...)

Tunisian protesters shout slogans during a demonstration to mark the anniversary of the uprising that ousted   Ben Ali. Photograph: EPA/STR

The World Bank has uncovered new evidence of large-scale corruption and tax evasion by firms owned by the family of former Tunisian president Zine El (...)

Reality television sometimes seems to be in a race to the bottom, but one woman’s germ of an idea is trying to harness its power for good. Anna Elliot(...)

A tent at the G7 protest camp in Garmisch-Partenkirchen, Germany, on Monday. Photograph: EPA/Tobias Hase

G7 leaders have agreed to “decarbonise” their economies by the end of the century and to cut by 2050 global greenhouse gas emissions by the “upper en(...)

Médecins Sans Frontières suggested world leaders’ “lip service” showed they had learned nothing from their bungled response to the Ebola pandemic. File photograph: Ahmed Jallanzo/EPA

The world is as ill-prepared for a global pandemic as it was before the Ebola outbreak, aid organisation Médecins Sans Frontières has warned after the(...)

Economist Joseph Stiglitz: ‘Trade did lead to more inequality.’ Photographer: Simon Dawson/Bloomberg

The battle to stop the proposed European Union-United States trade agreement is the first step to halt growing inequality in major western countrie(...)

A Palestinian youth practices his parkour jumping skills in Gaza City in houses destroyed during the 50-day war last summer. Photograph: Reuters/Mohammed Salem

A new World Bank report has warned that the Gaza Strip’s economy is on the “verge of collapse”, saying the unemployment rate there is now the highest (...)

Protesters against water charges gather on O’Connell bridge in March. Photograph: Dara MacDonaill/Irish Times

A new political reality could emerge from the anti-water charges campaign here, as it did in Bolivia in the early 2000s, a leading international exper(...)

In an internal post to staff, the World Bank’s treasurer said about 40 per cent of the staff pension fund’s equity holdings are actively or passively invested against equity index funds, which include companies in industries associated with environmental and health problems.

The World Bank indirectly invests part of its $18.8 billion staff pension fund in companies in industries such as coal and tobacco, holdings that c(...)

‘Diaspora savings attributed to migrants from developing countries were estimated at €464 billion in 2013, mostly held in the banks of states to which they have migrated.’ Photograph: Getty Images

Keith Ellison, a Minnesota congressman, is worried about Ayan Hasan and her family. He wrote recently to the New York Times about his Somali constitue(...)