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Bessent says IMF and World Bank need reform and there’s an ‘opportunity for a big deal’ with China
Treasury Secretary Scott Bessent has played a balancing act trying to reassure nervous investors that the U.S. would maintain ...
World Bank adds Bayer, Hyatt and other CEOs to private sector initiative
The World Bank on Wednesday added four top executives, including Bayer AG CEO Bill Anderson and Hyatt Hotels CEO Mark ...
U.S. Calls for Sweeping Reforms to I.M.F. and World Bank
Treasury Secretary Scott Bessent argued in a speech that the multilateral economic institutions have veered away from their ...
Bessent says IMF and World Bank 'falling short' as he calls for rebalancing of international financial system
Treasury Secretary Scott Bessent said Wednesday that the International Monetary Fund and the World Bank are guilty of ...
World Bank cuts Latin American and Caribbean growth view, highlights uncertainties
The World Bank on Wednesday cut its 2025 economic growth forecast for Latin America and the Caribbean to 2.1% from its ...
Global Economic Leaders Gathering in U.S. Confront Trump’s New World Order
The I.M.F. and World Bank are holding their spring meetings as President Trump’s trade war upends the global economy.
World Bank climate message shifts amid Trump era uncertainty
The bank’s messaging on climate represents a delicate balancing act between the institution and the U.S., its largest ...
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World Bank Cuts Down GDP Estimates For Indian Economy For FY26 To 6.3 Per Cent
The revised projection comes as the global economy faces mounting uncertainty and geopolitical pressures, which are likely to ...
World Bank urged to reduce equity-to-loan ratio to free up funds for poor countries
Given big cuts in development aid by Europe and the United States, think tanks and other groups are urging the World Bank to ...