Reuters: World Bank President Jim Yong Kim laid out a new strategy for the global development lender on Tuesday that includes a sharp increase in funds to help poor people in nations scarred by conflict and a pledge to partner with the private sector.
He also warned that a partial government shutdown in a politically divided Washington could have far-reaching consequences for the poor given the troubling signal it sends about the world's largest economy.
U.S. fiscal uncertainty "combined with other...