LONDON: Alarm is rising over Washington’s potential withdrawal from global institutions, including the Inter­national Monetary Fund (IMF) and the World Bank (WB), with the no-show of US Treasury Secretary Scott Bessent at G20 meetings adding to anxiety. So what would happen if Washington pulls out from these two institutions? To understand this, one has to go back in time, as both institutions were formed in … Continue reading What happens if the US pulls out from IMF, World Bank?