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World Bank

Financial stability in an uncertain world

October is the month for the Annual Meetings of the World Bank/IMF, held this year in Marrakesh in Morocco. It is also the time when key reports on global economic and financial health are published.

IMF chief asks nations to be wary of second COVID wave

The Washington-based crisis lender late last month downgraded its growth forecasts, and now expects global GDP to fall by 4.9 percent this year due to the deeper contraction during lockdowns than previously anticipated.

The Prison that is our Home

Thoreau left his urban home and went into woods, to live at Walden Pond, chopping his own wood and cooking his modest meals, so that a simple life could let him see clearly what he could not see in his daily city life, surrounded by the accustomed and convenient.