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Explainer: Why World Bank is under fire over set of rankings
Kristalina Georgieva, managing director of the International Monetary Fund and former president of the World Bank, delivers a speech during the opening ceremony for the Floating Office in Rotterdam, Netherlands, earlier this month. Photo: Peter Dejong/AP/TT
WASHINGTON (AP) — Under fire for allegations that it bowed to pressure from China and other governments, the World Bank has dropped a popular report that ranked countries by how welcoming they are to businesses.
