What's happened
The IMF and World Bank hold their annual meeting in Morocco, addressing economic challenges amidst natural disasters and global shocks.
Why it matters
The meeting is significant as it addresses economic challenges in the wake of natural disasters and global shocks, with a focus on promoting economic resiliency and stability.
What the papers say
The Independent emphasizes the impact of natural disasters on economic resiliency, while Al Jazeera focuses on the thorny issues around money and capital increase. The New York Times provides insights into the discussions at the Athens Democracy Forum, highlighting the urgency of addressing climate change and its impact on democracy.
How we got here
The IMF and World Bank traditionally hold their annual gathering of finance ministers and central bank governors outside their Washington headquarters every three years. The meeting in Morocco was postponed twice due to the COVID pandemic and a powerful earthquake that killed nearly 3,000 people.
More on these topics
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The Athens Democracy Forum is an international conference held annually in September or October that explores the evolving state of democracy. It has taken place in Athens, Greece since 2013.
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Michael Oppenheimer is the Albert G. Milbank Professor of Geosciences and International Affairs in the Princeton School of Public and International Affairs, the Department of Geosciences, and the Princeton Environmental Institute at Princeton University.
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Morocco, officially the Kingdom of Morocco, is a country located in the Maghreb region of North Africa. It overlooks the Mediterranean Sea to the north and the Atlantic Ocean to the west, with land borders with Algeria to the east and Western Sahara to th
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The World Bank is an international financial institution that provides loans and grants to the governments of poorer countries for the purpose of pursuing capital projects.