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International Monetary Fund Managing Director Christine Lagarde Thursday said that supporting the new China-sponsored development bank is a "no-brainer." The IMF joins the World Bank in support of the new bank over Obama administration reservations. (Associated Press)

Christine Lagarde: New China bank a ‘no-brainer’

By Christopher White - The Washington Times

World Bank President Jim Yong Kim told a Washington forum Tuesday morning that he does not see the proposed Asian Infrastructure Investment Bank (AIIB) as a rival to existing institutions such as the World Bank and the Asian Development Bank, saying the need is far greater than any one institution can meet these days. (Associated Press)

Jim Yong Kim ignores Obama; World Bank boss welcomes new Chinese bank

By David R. Sands - The Washington Times

Gina Dominique, lower left, who came from Haiti, takes the oath of U.S. citizenship during a naturalization ceremony in Boston, Thursday, April 2, 2015. Nearly 400 people from dozens of countries ranging from Albania to Zimbabwe took part in the ceremony. (AP Photo/Michael Dwyer)

Humayun Mirza’s long journey to American citizenship

By Stephen Dinan - The Washington Times

President Barack Obama and Vice President Joe Biden in the Oval Office during the President's Daily Economic Briefing on July 30, 2009. (White House)

Efforts to head off China development bank called a failure

By David R. Sands - The Washington Times

U.S. Treasury Secretary Jacob Lew, left, shakes hands with Chinese Premier Li Keqiang before a meeting at the Great Hall of the People in Beijing, China, on Monday, March 30, 2015. Lew said he pressed Chinese leaders Monday over proposed curbs on the use of foreign security products by banks and other restrictions on access to China's technology market. (AP Photo/Parker Song, Pool)

U.S. allies rush to join China’s new bank as deadline looms

By David R. Sands - The Washington Times

LED IN: U.S. President Barack Obama, left, shakes hands with Chinese President Xi Jinping during a welcome ceremony for the Asia-Pacific Economic Cooperation (APEC) summit at the International Convention Center in Yanqi Lake, Beijing, China Tuesday, Nov. 11, 2014. (AP Photo/Ng Han Guan) (Associated Press)

Australia latest U.S. ally to sign on to new Chinese development bank

By David R. Sands - The Washington Times

The Obama administration has been skeptical of the proposed Asian Infrastructure Investment Bank from the start, arguing that it could prove redundant and could undercut lending standards on such issues as worker protections and the environment. (Associated Press)

Obama humiliated as allies join China’s Asian Infrastructure Investment Bank

By David R. Sands - The Washington Times

FILE - In this Monday, Jan. 12, 2015 file photo, An Afghan money changer, right, counts a pile of currency at the Money and Exchange Market in Kabul. Afghanistan’s fragile economy has lost around a third of its value in the past year as the international military and aid organizations that poured in cash for more than a decade have drastically scaled back after U.S. President Barack Obama declared an end to the 13-year war against the Taliban _ leaving the government struggling for funds and key sectors lacking investment, economists, analysts and officials said. (AP Photo/Massoud Hossaini, FIle)

Afghan economic crisis looms as foreign aid dollars depart

By RAHIM FAIEZ and LYNNE O'DONNELL - Associated Press

World Bank President Jim Yong Kim holds a news conference at International Monetary Fund (IMF) headquarters in Washington, Thursday, Oct. 9, 2014. (AP Photo/J. Scott Applewhite)

World Bank president backs Chinese global lending counterpart

By Guy Taylor - The Washington Times

Jim Yong Kim, President Barack Obama's nominee to be the next World Bank President, stands in the Rose Garden of the White House in Washington, Friday, March 23, 2012. Kim is currently the president of Dartmouth College. (AP Photo/ Haraz N. Ghanbari)

World Bank chief Kim acknowledges staff dissent over changes

By Guy Taylor - The Washington Times

INSIDE JOB: The World Bank, which usually has to defend itself from demonstrators outside during its annual meetings, got an unexpected revolt Tuesday when staff members gathered in the lobby to protest hefty bonuses for top managers and aggressive cost-cutting elsewhere.

World Bank employees protest hefty bonuses amid cost-cutting, layoffs

By Guy Taylor - The Washington Times

While the global economy has been a boon to Asia and lifted millions there from abject poverty, middle-class and poor Americans are seeing the exact reverse as wages stagnate and more work heads overseas. (associated press)

Economic globalization boosts Asia, bogs down U.S. middle class

By Patrice Hill - The Washington Times

Leaders of the BRICS nations pose for a group photo during the summit in Fortaleza, Brazil, in July. From left: Russian President Vladimir Putin, Indian Prime Minister Narendra Modi, Brazilian President Dilma Rousseff, Chinese President Xi Jinping and South African President Jacob Zuma. The leaders of the BRICS nations are expected to officially create a bailout and development fund worth $100 billion. (Associated Press)

Emerging economic powers to challenge U.S., IMF with own aid bank

By Patrice Hill - The Washington Times

Cherry blossom, World Bank events close DC roads

Associated Press

Jim Yong Kim, left, president, World Bank Group, and Christine Lagarde, International Monetary Fund (IMF) Managing Director talk before a meeting of the Development Committee during the World Bank/IMF Annual Meetings at IMF headquarters Saturday, Oct. 12, 2013, in Washington. (AP Photo/Alex Brandon)

EDITORIAL: Rearranging the World Bank

By THE WASHINGTON TIMES

World Bank sees severe repercussions in shutdown

By Nathan Porter - The Washington Times

Illustration by Alexander Hunter for The Washington Times

TANTON: Casualties of the war on coal

By Thomas Tanton

Illustration: War on coal by Alexander Hunter for The Washington Times

EDITORIAL: The war on coal

By THE WASHINGTON TIMES

Illustration by Greg Groesch for The Washington Times

ROHAC AND TUPY: Pocketing the keys to prosperity

By Dalibor Rohac and Marian L. Tupy