Adam Silver, a former lawyer who grew up in Rye, New York, entered the NBA as a junior staffer in 1992. He moved quickly through roles—from special assistant to chief of staff, then president of NBA Entertainment—before becoming commissioner in 2014. Over the last decade, he has guided basketball in
A fresh battle in the Persian Gulf isn’t just shaking up oil markets—it’s threatening the fragile promises rich countries made to help poorer nations fight climate change. Every dollar spent on war is one less dollar earmarked for solar panels, flood barriers, and clean-energy grids in places that d
South Korean music powerhouses Hybe, YG Entertainment, SM Entertainment and JYP Entertainment are joining forces to build a new company that could host an international music festival featuring their stars. The move comes after the four firms, all members of a government cultural committee, annou
A new alliance of finance officials from seven developing countries has launched an initiative to create a fairer system for handling debt crises. Instead of relying on traditional creditor-focused groups, this platform lets borrowing nations share strategies and push for better terms together. The
Financial leaders worldwide turn their eyes toward Washington this week, where one of the most powerful finance chiefs from Europe just fired a warning shot about money and markets. The head of the UK Treasury, sitting across from TV cameras in the capital of the United States, made clear that the o
The World Bank has teamed up with other major lenders to start a new effort called Water Forward. The goal is to give safe water to one billion people in the next four years. The plan wants governments to think of water as a valuable resource, not just a cheap service. It will bring in private in
Around the world, followers of Christianity face more hostility than any other religious group. Estimates suggest between 360 to 380 million Christians endure some form of persecution each year. In places like Nigeria, Burkina Faso, North Korea, and China, believers risk torture, imprisonment, or ev
The World Bank is preparing to release up to $100 billion over the next fifteen months to help countries affected by the war in the Middle East. This amount could exceed the $70 billion it provided during the COVID-19 pandemic. Ajay Banga, the bank’s president, shared these plans during discussions
The feud between the U. S. president and the head of the Catholic Church started with a simple disagreement over war but quickly turned into a heated argument about leadership and values. The Pope called out the military actions against Iran, calling them ethically wrong and asking countries to focu
Experts gathering in Washington this week have more on their minds than the current Middle East conflict—even though the fighting there could slow down the world’s economy. A much bigger worry is the fact that, over the next fifteen years, developing countries will need to create 1. 2 billion jobs j
