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Head of the World Bank announces shock resignation

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David Malpass has stood down as head of the World Bank in the wake of a climate controversy

 
David Malpass was due to leave end his five year term April 2024.

But the World Bank President has announced he will leave by the end of June.

His departure follows a public spat with the White House for failing to say whether he accepts the scientific consensus on climate change.

He’s faced pressure in recent months from his boss, Treasury Secretary Janet Yellen, who was reportedly at odds with his reforms aimed at changing the way the World Bank operates.

In a statement, Yellen thanked Malpass for his service.

Saying the world has benefited from his strong support for Ukraine, his work to help the Afghan people, and his commitment to helping low-income countries achieve debt sustainability.

The U.S. Government selects the head of the World Bank, while European leaders choose the leader of its larger partner, the International Monetary Fund.

Malpass had accepted the role during President Donald Trump’s time in office.

The U.S. Treasury Chief will soon nominate a replacement for Malpass, promising a new President through a swift nomination process. #trending #featured

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Diversifying and enhancing payment methods

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American Express reveals Australian homeowner bill payment insights

In response to the growing trend of card and tap-and-go payments, organisations are adapting their systems to accommodate diverse payment options.

American Express recently conducted research shedding light on homeowner sentiments towards local councils, with a focus on Australian attitudes and behaviours related to bill payments.

Vice President and General Manager of Global merchant services at American Express, Robert Tedesco, provides his insights.

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Explosive growth and dominance of the audio industry

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Global radio market hits staggering $143 billion valuation, cementing audio industry’s dominance

The audio industry continues to assert itself as a formidable force, with the 2023 global radio market reaching a substantial value of $143 billion.

The podcast market has surged to an impressive worth of $18.52 billion, showcasing a compound annual growth rate of 27.6%.

Tony Simmons, CEO and founder of Sonnant, discusses how the audio industry can be made even better.

Presented by VentureCrowd – To find out more about Conscious Investing, head to www.venturecrowd.com.au

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Nick Kyrgios shocks fans with surprise OnlyFans announcement

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Tennis sensation Nick Kyrgios sent shockwaves through the sports and entertainment world today as he revealed a surprising career move.

The Australian athlete, known for his fiery on-court antics and charismatic personality, has announced his entry into the world of OnlyFans, a platform typically associated with adult content creators.

In an unexpected turn of events, Kyrgios took to social media to share the news with his followers. He stated, “I’ve always enjoyed pushing boundaries and breaking the mold. I’m excited to announce that I’ll be joining OnlyFans to share exclusive content and connect with my fans in a new way.”

The announcement has left fans and pundits alike wondering what kind of content Kyrgios will be sharing on the platform.

The decision has sparked a debate about the intersection of sports and social media, as well as the evolving landscape of content creation.

Some fans are eagerly anticipating behind-the-scenes glimpses of Kyrgios’s life, while others are questioning the potential impact on his professional tennis career.

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