Kevin Carey
@kevincareywb.bsky.social
World Bank
Macro / Climate
Opinions are mine and not WB
X: Kevin_Carey_WB
Macro / Climate
Opinions are mine and not WB
X: Kevin_Carey_WB
Usually fairly tolerant as I scroll past the somewhat aspirational names for the many special purpose vehicles listed on various securities exchanges but had to pause at "Magritte CMBS NV/SA" on Irish Stock Exchange regulatory news list. The great man would surely have had views on this usage.
December 9, 2025 at 2:06 PM
Usually fairly tolerant as I scroll past the somewhat aspirational names for the many special purpose vehicles listed on various securities exchanges but had to pause at "Magritte CMBS NV/SA" on Irish Stock Exchange regulatory news list. The great man would surely have had views on this usage.
Gaza rubble: " That is equivalent to the weight of around 186 Empire State Buildings. Distributing that amount of rubble evenly across Manhattan would leave around 215 pounds of debris on every square foot." www.wsj.com/world/middle...
Gaza Sits Under 68 Million Tons of Rubble. A Look at the Daunting Task Ahead.
One way to measure the scale of the damage: If the debris were spread over Manhattan, there would be 215 pounds on every square foot.
www.wsj.com
December 9, 2025 at 1:39 PM
Gaza rubble: " That is equivalent to the weight of around 186 Empire State Buildings. Distributing that amount of rubble evenly across Manhattan would leave around 215 pounds of debris on every square foot." www.wsj.com/world/middle...
United Arab Emirates / IMF Article IV staff report. From the external sector assessment, an implicit striking fact: economy has experienced huge oil price volatility, continuous appreciation pressure (via the US$ peg) and the real exchange rate has ... barely moved. Classic example ...
December 9, 2025 at 2:25 AM
United Arab Emirates / IMF Article IV staff report. From the external sector assessment, an implicit striking fact: economy has experienced huge oil price volatility, continuous appreciation pressure (via the US$ peg) and the real exchange rate has ... barely moved. Classic example ...
Somalia / IMF program review completed. Interesting case of a country getting increased IMF support to help offset USAID cuts: "The Board’s approval of the review and augmentation enables an immediate disbursement of SDR 22.5 million (about US$30 million), ..."
December 8, 2025 at 9:37 PM
Somalia / IMF program review completed. Interesting case of a country getting increased IMF support to help offset USAID cuts: "The Board’s approval of the review and augmentation enables an immediate disbursement of SDR 22.5 million (about US$30 million), ..."
"When calculated by value, China accounts for roughly 15% of global goods exports. But in volume terms, Eskelund [EU Chamber of Commerce in China] estimates that every shipping container being sent from Europe to China is outnumbered by the four containers heading in the other direction ..."
December 8, 2025 at 7:18 PM
"When calculated by value, China accounts for roughly 15% of global goods exports. But in volume terms, Eskelund [EU Chamber of Commerce in China] estimates that every shipping container being sent from Europe to China is outnumbered by the four containers heading in the other direction ..."
Botswana / IMF 2025 Article IV staff report. If one was making a list of incipient crisis symptoms, this set of factors would likely be on it. www.imf.org/en/publicati...
December 8, 2025 at 5:54 PM
Botswana / IMF 2025 Article IV staff report. If one was making a list of incipient crisis symptoms, this set of factors would likely be on it. www.imf.org/en/publicati...
Benin: "The 2052 maturity shed as much as 1.8 cents to bid at 88.04 cents on the euro, data from Tradeweb showed, while dollar-denominated bonds slipped around 1.5 cents on the dollar." www.msn.com/en-us/news/w...
MSN
www.msn.com
December 8, 2025 at 3:38 PM
Benin: "The 2052 maturity shed as much as 1.8 cents to bid at 88.04 cents on the euro, data from Tradeweb showed, while dollar-denominated bonds slipped around 1.5 cents on the dollar." www.msn.com/en-us/news/w...
Indonesia / extractives taxation:
1. "The finance ministry has said that plans to impose a gold export tax in the range of 7.5% to 15% next year would enable rates on gold products to be cut, which will boost domestic processing, while the tariff on coal ..." www.msn.com/en-us/money/...
1. "The finance ministry has said that plans to impose a gold export tax in the range of 7.5% to 15% next year would enable rates on gold products to be cut, which will boost domestic processing, while the tariff on coal ..." www.msn.com/en-us/money/...
MSN
www.msn.com
December 8, 2025 at 1:34 PM
Indonesia / extractives taxation:
1. "The finance ministry has said that plans to impose a gold export tax in the range of 7.5% to 15% next year would enable rates on gold products to be cut, which will boost domestic processing, while the tariff on coal ..." www.msn.com/en-us/money/...
1. "The finance ministry has said that plans to impose a gold export tax in the range of 7.5% to 15% next year would enable rates on gold products to be cut, which will boost domestic processing, while the tariff on coal ..." www.msn.com/en-us/money/...
Amazing and truly nature-based solution in Aceh Indonesia after the floods disaster -- using trained elephants to remove debris. en.antaranews.com/amp/news/395...
Aceh deploys elephants to clear flood debris in Pidie Jaya
Aceh’s Natural Resources Conservation Agency (BKSDA) is deploying four trained elephants to help remove wood debris and restore access to homes after ...
en.antaranews.com
December 8, 2025 at 1:23 PM
Amazing and truly nature-based solution in Aceh Indonesia after the floods disaster -- using trained elephants to remove debris. en.antaranews.com/amp/news/395...
Indonesia: "Long queues formed for drinking water and fuel in Banda Aceh, and prices of basic commodities like eggs were skyrocketing, an AFP correspondent said." sg.news.yahoo.com/sri-lanka-is...
Sri Lanka issues landslide warnings as cyclone toll hits 627
Sri Lankan authorities issued fresh landslide warnings on Sunday with rains lashing areas already devastated by a powerful cyclone, as the death toll rose to 627.Indonesia's president on Sunday vowed ...
sg.news.yahoo.com
December 7, 2025 at 4:43 PM
Indonesia: "Long queues formed for drinking water and fuel in Banda Aceh, and prices of basic commodities like eggs were skyrocketing, an AFP correspondent said." sg.news.yahoo.com/sri-lanka-is...
Benin: "Talon’s party pick, former Finance Minister Romuald Wadagni, is the favorite to win the election. Opposition candidate Renaud Agbodjo was rejected by the electoral commission on the grounds that he did not have sufficient sponsors." apnews.com/article/beni...
Benin's interior minister says a coup announced earlier has been foiled
Benin's interior minister says a coup attempt announced on Sunday has been foiled. He said a small group of soldiers launched a mutiny early Sunday, aiming to destabilize the state, but the Beninese A...
apnews.com
December 7, 2025 at 1:52 PM
Benin: "Talon’s party pick, former Finance Minister Romuald Wadagni, is the favorite to win the election. Opposition candidate Renaud Agbodjo was rejected by the electoral commission on the grounds that he did not have sufficient sponsors." apnews.com/article/beni...
It's a lively few days for the IMF Board calendar. The item for the Sri Lanka program review on the 15th has been removed, and I wonder if this Yemen item will last given reports today from Aden that much of the Internationally Recognized Government has left.
December 6, 2025 at 10:24 PM
It's a lively few days for the IMF Board calendar. The item for the Sri Lanka program review on the 15th has been removed, and I wonder if this Yemen item will last given reports today from Aden that much of the Internationally Recognized Government has left.
"Analysts have suggested Indonesia could be reluctant to declare a disaster -- and seek additional foreign aid -- because it would show it was not up to the task." sg.news.yahoo.com/starvation-f...
Starvation fears as flood toll passes 900 in Indonesia
Ruinous floods and landslides have killed more than 900 people on Indonesia's island of Sumatra, the country's disaster management agency said Saturday, with fears that starvation could send the toll ...
sg.news.yahoo.com
December 6, 2025 at 1:28 PM
"Analysts have suggested Indonesia could be reluctant to declare a disaster -- and seek additional foreign aid -- because it would show it was not up to the task." sg.news.yahoo.com/starvation-f...
"Indeed, over 40 percent of flood-insurance claims made between 2017 and 2019 occurred outside its designated high-risk zones or areas that were not yet mapped, and about 75 percent of U.S. flood maps are outdated." www.nytimes.com/2025/12/05/o...
Opinion | What Zillow Won’t Tell You
www.nytimes.com
December 5, 2025 at 11:41 PM
"Indeed, over 40 percent of flood-insurance claims made between 2017 and 2019 occurred outside its designated high-risk zones or areas that were not yet mapped, and about 75 percent of U.S. flood maps are outdated." www.nytimes.com/2025/12/05/o...
"Al-Maktoum & his 2 associates were released in late October for the equivalent of at least $23 mn in cash taken from Emirati vaults and flown to Mali, the officials said. A Gulfstream private jet then arrived in the Malian capital & delivered him to Dubai, they said." www.wsj.com/world/africa...
Exclusive | U.A.E.’s Ransom Payment for Kidnapped Prince Bolsters al Qaeda in Mali
Jihadists received millions of dollars as they blockade the country’s capital and security across the region deteriorates.
www.wsj.com
December 5, 2025 at 6:13 PM
"Al-Maktoum & his 2 associates were released in late October for the equivalent of at least $23 mn in cash taken from Emirati vaults and flown to Mali, the officials said. A Gulfstream private jet then arrived in the Malian capital & delivered him to Dubai, they said." www.wsj.com/world/africa...
Sri Lanka / IMF statement: "The Sri Lankan authorities have requested financial assistance from the IMF under the Rapid Financing Instrument (RFI) for SDR 150.5 million (approximately 26 percent of quota or about US$200 million) ..."
December 5, 2025 at 2:27 PM
Sri Lanka / IMF statement: "The Sri Lankan authorities have requested financial assistance from the IMF under the Rapid Financing Instrument (RFI) for SDR 150.5 million (approximately 26 percent of quota or about US$200 million) ..."
Vietnam: "The country has also experienced extreme rainfall and widespread flooding this year, with rivers setting new high-water marks from the northern regions through central and down to the lower Mekong Delta." sg.news.yahoo.com/flooding-kil...
Flooding kills two as Vietnam hit by dozens of landslides
Heavy rain in Vietnam triggered flooding that killed at least two people and caused more than a dozen landslides, state media said Friday, adding to what authorities called the "most unusual" year of ...
sg.news.yahoo.com
December 5, 2025 at 2:22 PM
Vietnam: "The country has also experienced extreme rainfall and widespread flooding this year, with rivers setting new high-water marks from the northern regions through central and down to the lower Mekong Delta." sg.news.yahoo.com/flooding-kil...
"Indonesia is among the countries with the largest annual forest loss due to mining, plantations and fires, and has seen the clearance of large tracts of its lush rainforest in recent decades." sg.news.yahoo.com/survivors-pi...
Survivors pick up pieces in flood-hit Indonesia as more rain predicted
Survivors in Indonesia were piecing back shattered lives Friday after devastating floods killed more than 1,600 people across five countries, with fears of fresh misery as more rain looms.Indonesian f...
sg.news.yahoo.com
December 5, 2025 at 2:17 PM
"Indonesia is among the countries with the largest annual forest loss due to mining, plantations and fires, and has seen the clearance of large tracts of its lush rainforest in recent decades." sg.news.yahoo.com/survivors-pi...
Sri Lanka: "Addressing parliament on Friday, Dissanayake said he had asked the IMF to delay the release of the sixth instalment of a $2.9 billion bailout loan in order to negotiate a bigger payout." #Ditwah sg.news.yahoo.com/sri-lanka-is...
Sri Lanka issues fresh landslide warnings as death toll hits 607
Heavy rains triggered fresh landslide warnings in Sri Lanka’s worst-affected central hills on Friday, as the death toll from last week’s Cyclone Ditwah jumped to 607.Residents evacuated from the lands...
sg.news.yahoo.com
December 5, 2025 at 2:14 PM
Sri Lanka: "Addressing parliament on Friday, Dissanayake said he had asked the IMF to delay the release of the sixth instalment of a $2.9 billion bailout loan in order to negotiate a bigger payout." #Ditwah sg.news.yahoo.com/sri-lanka-is...
IMF press briefing, response to question on the Senegal debt misreporting fallout: "For our part at the IMF, we recognize the importance of learning from this experience. We are conducting an internal review to understand how these discrepancies went undetected ..."
December 5, 2025 at 1:53 PM
IMF press briefing, response to question on the Senegal debt misreporting fallout: "For our part at the IMF, we recognize the importance of learning from this experience. We are conducting an internal review to understand how these discrepancies went undetected ..."
Sometimes the old ways are the best ... Excel spreadsheet of the change in SDR Holdings of Argentina & USA for the most recent 2 months. The offsetting transactions for October did not repeat in November; Argentina is back to almost no holdings. [link to pull this data www.imf.org/external/np/...
December 5, 2025 at 1:35 PM
Sometimes the old ways are the best ... Excel spreadsheet of the change in SDR Holdings of Argentina & USA for the most recent 2 months. The offsetting transactions for October did not repeat in November; Argentina is back to almost no holdings. [link to pull this data www.imf.org/external/np/...
Yemen: "This week, Petromasila, a Yemeni company, announced a halt to production in two major areas of the oil fields, citing the deteriorating security situation. The shutdown led to widespread blackouts in the region." www.nytimes.com/2025/12/03/w...
Separatist Forces Backed by U.A.E. Sweep Into Oil-Rich Yemen Region
www.nytimes.com
December 5, 2025 at 2:23 AM
Yemen: "This week, Petromasila, a Yemeni company, announced a halt to production in two major areas of the oil fields, citing the deteriorating security situation. The shutdown led to widespread blackouts in the region." www.nytimes.com/2025/12/03/w...
Rwanda / IMF PCI final review staff report. DSA worth a look for the financing issues with New Kigali International Airport (#NKIA), where Qatar support critical: "Financing the government’s shares in both the airport and airline requires a total of US$1.12 bn in equity contributions through..."
December 4, 2025 at 8:01 PM
Rwanda / IMF PCI final review staff report. DSA worth a look for the financing issues with New Kigali International Airport (#NKIA), where Qatar support critical: "Financing the government’s shares in both the airport and airline requires a total of US$1.12 bn in equity contributions through..."
Marshall Islands / IMF Art IV staff report. Topic is USDM1, a collateralized and tolkenized security that unlike a stablecoin would pay interest ... www.imf.org/en/publicati...
December 4, 2025 at 6:13 PM
Marshall Islands / IMF Art IV staff report. Topic is USDM1, a collateralized and tolkenized security that unlike a stablecoin would pay interest ... www.imf.org/en/publicati...
Kenya / USA DFC debt-for-food swap: "The plan is expected to work in a similar way as so-called debt-for-nature swaps carried out by several countries in recent years that offered lower interest rates in exchange for nature protection ..."
December 4, 2025 at 3:56 PM
Kenya / USA DFC debt-for-food swap: "The plan is expected to work in a similar way as so-called debt-for-nature swaps carried out by several countries in recent years that offered lower interest rates in exchange for nature protection ..."