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(Recasts with rejecting capital increase proposal; adds Yellen comments and background) WASHINGTON, March 29 (Reuters) - U.S. Treasury Secretary Janet Yellen on Wednesday rejected the idea of a near-term capital... | 11:47am
By David Lawder and Kanishka Singh WASHINGTON (Reuters) - The United States is working hard to counter China's influence in international institutions and in lending to developing countries, U.S. Treasury Secretary Janet Yellen said on Wednesday. Yellen said she was concerned by some of China's activities globally, particularly in lending to developing countries. I am very very concerned about some of the activities that China engages in globally, engaging in countries in ways that leave them trapped in debt and don't promote economic development, she said in a hearing before the State, Foreig...
Yellen said she was concerned by some of China's activities globally, particularly in lending to developing countries
US expects Biden's nominee, Ajay Banga, to be elected World Bank chief
Over a dozen medical schools and 40 law schools have elected to withdraw from the U.S. News & World Report annual college rankings as of February 2023.