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U20 Mayoral Summit

The second U20 Mayoral Summit held in Tokyo, Japan called on global leaders to act fast on climate change, social inclusion and sustainable economic growth in the 2019 Urban 20 Tokyo Mayors Summit Communiqué. The Communiqué was submitted to Japanese Prime Minister Shinzo Abe. The Communiqué was signed by the leaders of: Amsterdam, Berlin, Brussels, ..

Kerala to Tap Masala Bond Market

The state-owned Kerala Infrastructure Investment Fund Board (KIIFB) debuted its ‘masala bond’ issue of Rs 2,150 crore at the London Stock Exchange. With the issue, Kerala has become the first Indian state to tap into masala bond market. The proceeds from the bond issue are slated to be used to part-finance the rebuilding of infrastructure ..

David Malpass elected as new President of World Bank

David Malpass, a top US Treasury official in Trump administration, was unanimously selected as the new President of the World Bank for a period of five-years. The World Bank President is Chair of Boards of Directors of the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA). The President is also ex ..