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doing business report

Trouble at the IMF
Quick Take

Trouble at the IMF

Ian Bremmer shares his Quick Take analysis on the scandal surrounding the IMF and its Managing Director, Kristalina Georgieva, former number two at the World Bank - the origin of the crisis. The World Bank's annual "Doing Business" report is used by investors to assess competitiveness of different governments around the world. And as one might imagine, there's a lot of jockeying and lobbying behind the scenes by these governments to try to show that they're doing a great job and that their rankings should be high. Enter China, in an enormously politicized environment.

US oil companies fill their coffers
Hard Numbers

US oil companies fill their coffers

While the average American household has spent $1,100 more on gas and diesel since the start of the Iran war, oil companies have been profiting from higher fuel prices.