The World Bank’s shareholders on Saturday endorsed a $13 billion paid-in capital increase that will boost China’s shareholding but bring lending reforms that will raise borrowing costs for higher-middle-income countries, including China. The multilateral lender said the plan would allow it to lift the group’s overall lending to nearly $80 billion in fiscal 2019 from about $59 billion last year and to an average of about $100 billion annually through 2030. “We have more than doubled the capacity of the World Bank Group,” the institution’s president, Jim Yong Kim, told …

A British scientist is proposing a new approach to fighting the spread of malaria, a treatable mosquito-borne disease that kills hundreds of thousands each year, the vast majority of them young children in Africa. As Faith Lapidus reports, he is developing an antimalarial drug designed not for humans, but for mosquitoes. … From: MeNeedIt

The National Museum of American History recently celebrated one of the most iconic American filmmakers of the past 25 years: Wes Anderson. From life-sized movie-scene backdrops to organized discussions, live music and drinks, the festival had something to offer for faithful fans and newcomers alike. Masha Morton filed this report. … From: MeNeedIt