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WASHINGTON (AP) — The United States is nominating former Mastercard CEO Ajay Banga to lead the World Bank, President Joe Biden announced on Thursday, crediting him with critical experience on global challenges including climate change. The news comes days after Trump appointee David Malpass announced plans to step down in June from his role leading the 189-nation poverty reduction agency. His five-year term was due to expire in April 2024. Addressing the impacts of climate change at the multilateral bank is a priority for the U.S. And leading climate figures have urged the Biden administration to use Malpass’ early departure...

As the forces of global banking and business seek to create a world economic order that puts China and Russia to the sidelines they have to convince people on the Left and Right to support it. For the Left "Climate Change" is a sucker issue that makes "Progressive" people think they are saving the planet when in reality climate policy is the re-aligning of the world system away from oil (made by Russia) and coal (made and used by China). It is creating a new kind of economic system led by the United States the "Green Economy" is an economy...

Chinese spy balloons have briefly captured the nation’s imagination, but they’re just another in a series of surveillance layers that begins with satellites and ends with phone apps. The spy balloons seem odd, but they reveal the thoroughness and dedication of Beijing’s data hounds who are not satisfied with hacking us, embedding thousands of spies in our universities and tech firms, but want that added edge with slow-motion spying on our bases and defenses. The balloon may seem silly but it reveals a rigorous mindset that ought to be frightening. China’s economic warfare hollowed out our economy in the same...

The global response to COVID-19 represented a “catastrophic failure of the international community in showing solidarity and equity”. This frank assessment comes in the opening line of the first, or ‘zero’, draft of a new international pandemic agreement, published by the World Health Organization (WHO) last week. Although it doesn’t say so explicitly, the WHO’s statement can be read as a rebuke to the leaders of high-income nations, highlighting the fact that their response to the ongoing pandemic has not been a model of cooperation or compassion. The draft text encourages the waiving of applicable IP rights for a defined...

Sri Lanka marked 75 years of independence Saturday in bankruptcy, with many citizens somber, reflective and disappointed rather than feeling festive. President Ranil Wickremesinghe said in a televised speech, "We have reached the point of destruction." He added that everyone in the country was to blame for the nation's woes, from politicians to regular citizens as the country had long been divided by race, religion and region since the nation's inception. Sri Lanka faces its worst financial crisis since it declared independence from Britain in 1948. A severe shortage of dollars has added to inflation woes, a drop in the...

WASHINGTON — Efforts to mitigate climate change are prompting countries across the world to embrace dramatically different policies toward industry and trade, bringing governments into conflict. These new clashes over climate policy are straining international alliances and the global trading system, hinting at a future in which policies aimed at staving off environmental catastrophe could also result in more frequent cross-border trade wars. “The climate crisis requires economic transformation at a scale and speed humanity has never attempted in our 5,000 years of written history,” said Todd N. Tucker, the director of industrial policy and trade at the Roosevelt Institute,...

The American Right has a seriousness problem. Rather than facing reality, too many of our commentators and public figures turn to harmless conspiracy theories and railing against safe targets. The Klaus Schwab fixation embodies this tendency.

Alex Jones breaks down the collapse of the globalist hold on humanity as A-Listers abandon this year’s DAVOS meeting.

Food companies that have increased their profits as inflation surged should pay windfall taxes to help tackle global inequality, anti-poverty group Oxfam said on Monday at the Swiss ski resort of Davos as the World Economic Forum kicks off this week. The organization asserted that food companies — like energy companies — have used climate change, the surging cost of living, Russia's invasion of Ukraine and the COVID-19 pandemic as an excuse to increase prices for consumers. Oxfam said the world's top 1% gained nearly twice as much wealth as the remaining 99% combined. Meanwhile, 1.7 billion workers live in...

The world's political and business elites gather for the annual Davos summit from Monday to promote "cooperation in a fragmented world", with war in Ukraine, the climate crisis and global trade tensions high on the agenda. For half a century, the World Economic Forum in the Swiss Alps has brought together executives and policymakers to sing the praises of globalisation, but that process is seen as unwinding as new fault lines harden around the world. The Covid-19 pandemic, growing US-China hostility and Russia's invasion of Ukraine have led some politicians and experts to even speculate about "an end to the...

There is a cohort of elected officials in the United States presently engaged in an anti-capitalist crusade against free-market principles. No, they are not socialists. They are congressional Republicans, and they are attempting to prevent financial institutions from allocating capital in accordance with investor preferences and risk management principles. This attempted crackdown is purely ideological in nature — it is an exercise in political pressure to force a gross government overreach into U.S. capital markets. This campaign, which should offend anyone with even a modicum of pro-market sensibilities, is being championed from within the Republican Party. Republican state lawmakers and...

(Reuters) - Vanguard Group's decision last month to quit a key climate change coalition underscores how the retail investors who dominate its client base focus less on environmental, social and corporate governance (ESG) priorities than institutional investors. Vanguard said last month it would drop out of the Net Zero Asset Managers (NZAM) initiative, whose members commit to making their investment portfolios emission-neutral by 2050. It said 80% of its close to $8 trillion in assets are in its index funds, which primarily attract retail investors. These funds generally do not have discretion to include or exclude stocks beyond a pre-set...

Monarch and supreme governor of Church of England to remain Defender of the Faith, but will speak about his commitment to multiple religions.The King is expected to recognise that he serves all religious faiths and not just the Church of England when he speaks during his coronation. The coronation oath, in which he will pledge to be “Defender of the Faith”, will not change. However, palace aides and church officials are planning to add a form of words that will allow the King to recognise his commitment to the multiple faiths of a diverse Britain. While the specific details remain...

HSBC, Europe’s biggest bank, announced Wednesday it will no longer finance new oil and gas fields as part of its updated climate strategy. Climate campaigners welcomed the moved saying HSBC provided a new baseline for other major banks but urged the bank to go further. The bank said it would still provide financing to existing fossil fuel projects “in line with current and future declining global oil and gas demand.” It would also continue to provide finance and advisory services to energy sector clients but will assess the companies’ plans to transition to clean energy. “It sets a new minimum...

Despite the climate narrative, almost everywhere cold temperatures are much more deadly than heat. Why is the cold more dangerous? Because it causes outer blood vessels to constrict to conserve core body heat, which drives up blood pressure, said Bjorn Lomborg. High blood pressure killed 10.8 million people in 2019 – 19% of total global deaths. Dr. Bjorn Lomborg is a researcher and frequent commentator in print and broadcast media. He has also authored several books including ‘False Alarm: How Climate Change Panic Costs Us Trillions, Hurts the Poor, and Fails to Fix the Planet’. Last month he published an...

Radicalized by conspiracy theories, some activists see the farmers in the Netherlands as the latest victims of an assault on Western civilization itself. AALTEN, The Netherlands — Erik Luiten seems an unlikely person to be fighting a conspiracy to destroy Western society. The tall, affable and soft-spoken man is more likely found tending to 150 dairy cows at his farm in the windswept green flatness of the eastern Netherlands. A sixth-generation farmer on this land, he knows the name of each cow and that of its parents. The vast barn echoes to pop classics, including “Never Gonna Give You Up”...

A video originally a live stream on youtube, but it strayed into topics that are targeted by the censorship algorithms so it was taken down before it could result in "strikes" and has been posted on Rumble. Matt Bracken is a former Navy Seal and now is an author and commentator who has appeared on numerous conservative shows. Michael Yon is a former Green Beret and is currently a journalist covering wars, social unrest and even tracking down cannibals. A very interesting and informative video.

ROME — Pope Francis employed his strongest rhetoric to date Wednesday in condemning Russia’s war on Ukraine, tying it to the attempted extermination of the Jewish people during World War II. In a greeting to Polish pilgrims following his weekly General Audience, the pontiff recalled that last Monday, the Center for Catholic-Jewish Relations at the Catholic University of Lublin commemorated the anniversary of Operation Reinhardt, codename for the secret Nazi plan in 1941-1943 to annihilate Polish Jews in German-occupied Poland. “During the Second World War, it caused the extermination of almost two million victims, mainly of Jewish origin,” the pope...

"Humanity has become a weapon of mass extinction," the head of the United Nations has warned at the start of a high-level nature summit in Canada. Governments are meeting in Montreal to agree targets to reverse the loss of nature. UN Secretary-General Antonio Guterres said we have a chance to stop the "orgy of destruction" which has put a million species at risk of extinction. "It's time to forge a peace pact with nature," he added. Biodiversity is the sum of all living things on the planet and the way they are connected in a complex web of life that...

The European Union reached an agreement Tuesday to ban the import of products including coffee, cocoa and soy in cases where they are deemed to contribute to deforestation. The draft law, which aims to ensure "deforestation-free supply chains" for the 27-nation EU, was hailed by environmental groups as "groundbreaking". It requires companies importing into the EU to guarantee products are not produced on land that suffered deforestation after December 31, 2020, and that they comply with all laws of the source country. The scope encompasses palm oil, cattle, soy, coffee, cocoa, timber and rubber as well as derived products such...