When Cities Go Global

The International Monetary Fund and World Bank’s Spring Meetings in Washington have told a tale of two economies: In the developed world, inflation is falling, and recession looks unlikely. But many of the world’s poorest countries are struggling under tremendous debt burdens inflated by rising interest rates that threaten to undo decades of development progress. That means these key lenders of last resort have their work cut out for them. But according to GZERO Senior Writer Matthew Kendrick, there's a proven model.

Workers at the Volkswagen plant in Chattanooga, Tenn., have until 8 pm Friday to choose whether to join the United Auto Workers union, a vote that could determine the trajectory of labor unions across the American South.

During the World Bank's annual Spring Meetings this week, the group announced a major new initiative to provide electricity to 300 million Africans by 2030. It is estimated that nearly 800 million people globally lack access to power, and the vast majority of them, 600 million, live on the African continent. GZERO’s Tony Maciulis met with the World Bank’s Director of Infrastructure for West Africa Franz Drees-Gross, to discuss the project's details.