News

The UK is considering scaling back its nearly £2 billion ($2.7 billion) commitment to a World Bank fund for developing ...
Economic growth in the six Western Balkans countries is projected to moderately slow in 2025 due to weaker external demand ...
Saudi Arabia and Qatar say they will pay Syria’s outstanding debt to the World Bank, a move that is likely to make the ...
Global finance leaders came to Washington this past week seeking clarity on what it would take to get some relief from ...
Treasury Secretary Scott Bessent argued in a speech that the multilateral economic institutions have veered away from their ...
The World Bank report also forecast that gold prices are likely to set a new record in 2025 as investors seek safe havens for ...
Treasury Secretary Bessent on Wednesday encouraged the World Bank to invest in gas and fossil fuels. "The World Bank must be ...
Developing countries should strike swift trade deals with the United States at the "earliest possible" opportunity, the ...
A new report by the World Bank says organised crime and violence have become a central obstacle to development in Latin ...
What is a reserve currency? How did the dollar come to dominate global trade and finance? And why might some countries prefer ...
ASTANA – Economic growth in the developing economies of Europe and Central Asia is projected at 2.5% for 2025-26, reflecting ...