Francine Lacqua sits down with Ajay Banga to discuss his journey to becoming president of the World Bank Group. From his childhood in India to a career in the private sector and eventually leading one of the world’s most influential institutions, Banga shares his leadership principles and discusses how emerging markets face a historic youth jobs gap that risks social unrest and increased migration. -------- Like this video? Subscribe: http://www.youtube.com/Bloomberg?sub_confirmation=1 Get unlimited access ...

fail fast. And you know, >> I like that. How do you fail fast. Do you implement fast and then if it doesn't work, you move.>> You try stuff. If it doesn't work, you've got to know how to cut the cord. The the worst thing you can do is you know it's not working and you keep trying to figure out, I'm so smart.I must have thought of this the right way. I just need to do another trick in it. At some point, you have to learn that that's not going to work.Stop and move on to the next one. And I think that comes f ...

What's being alleged is that the Malaysian Anti-Corruption Commission is actually corrupt. >> This is the agency that's supposed to police all the other agencies for corruption in Malaysia. If the MACC is corrupt, Malaysia has a serious problem.MCC or this government like the emperor who have no clothes. They think they look good but everybody can see the selective and discriminatory way they they're managing. So here we have the rhetoric of curbing corruption and the reality of not really acting to curb co ...

As we dug deeper, we realized there were many stories about alleged intimidation by the MACC out there. People were just very scared to talk to us. I'm a senior management staff of a company and one day the NBCC came to the office on a basis that a complaint was filed and they wanted to investigate some transactions related to the company.They were whispering and sending messages to someone else. They were very suspicious in their behavior. Later I was asked to go to MACC headquarters.I was put in a room. A ...

People love to hate on California. Look, it's a state of dreamers and doers and entrepreneurs and noble laureates. The center of manufacturing.We produce a third of the nation's vegetables. You know, we've got Silicon Valley and Hollywood here. And so, I like to think there's probably some jealousy.Who wouldn't want to live here. It's pretty special. Betsy Hoffad, look at you.You were typ cast as a trophy wife. >> Yes. >> And is it true that your agent wanted you to take Stanford off your resume so you woul ...

Violence on the streets, threats from abroad, the Islamic Republic of Iran is being squeezed. The Iranian regime is running out of options and the people are running out of patience. The Islamic Republic is out of tools other than force.Regimes that rely entirely on force, they can last for quite some time, but it really does change the nature of their relationship with the population that they govern. The more people you kill, the more resentment there is. Some estimates put that death toll possibly in the ...

What do you say to your kids when they ask you if you're going to run for president. >> I have no idea. I tell them I tell them that.I say it's circumstantial. You have to have a big enough why. And then who knows.I just don't know. >> But you said you'd be lying if you weren't. >> I said I was lying if I it wasn't a passing thought.And that's all I said. And then people ran with these headline. Look, Prop 50 was about 2025.We don't have 2028 if we weren't successful in 2025. Nothing matters more than a sys ...

The Malaysian Anti-Corruption Commission has seized around 5 million ringit from a safe house linked to a prominent politician. The Malaysian Anti-Corruption Commission has arrested former Army Chief General >> MCC began probe last year against former Prime Minister Isma. The >> Malaysian Anti-Corruption Commission is a very powerful law enforcement agency.It can arrest people. It can freeze their bank accounts. doesn't need to use the police to do any of these things.>> There were all these high-profile ra ...

- The Malaysian Anti-Corruption Commission has seized around 5 million ringgit from a safe house linked to a prominent politician. - The Malaysian Anti-Corruption Commission has arrested former Army Chief General. - MACC began a probe last year against former Prime Minister.- The Malaysian Anti-Corruption Commission is a very powerful law enforcement agency. It can arrest people, it can freeze their bank accounts. It doesn't need to use the police to do any of these things.- There were all these high-profil ...

I'm on the other side of a lot of this. Can't take the David Sachs of the world. Can't take the >> These are people that you >> I know well personally.>> A lot of people are losing their way. >> The people you're talking about at the top of these companies. Some of these are incredibly powerful, incredibly wealthy, incredibly influential people.What do you make of texts turn to the right. >> It's disheartening and disturbing. Um, it's very confusing when you spend too much time in your bubble of wealth and ...