Trade tensions and fractious geopolitics risk exposing deep fault lines in the global financial system, the central bank ...

The World Bank has taken its first step since ending its ban on funding nuclear energy projects by partnering with the ...

The memorandum of understanding (MoU) cements over a year of close collaboration between the two institutions and represents ...

The job of leading that reform now falls to Ajay Banga, an Indian American businessman and former CEO of Mastercard who was nominated by President Joe Biden to replace resigning World Bank President ...

By Daniel Teye Botchway In the evolving narrative of Ghana’s development, three themes: human rights, corporate governance, ...

Indian money parked in Swiss banks more than tripled in 2024 to 3.5 billion Swiss francs on the back of a huge jump in funds held through local branches and financial institutions, annual data ...

The U.S. Treasury Department has slapped sanctions on three financial institutions in Mexico it says were used to launder ...

The hosts of the most recent UN climate talks are worried international lenders are retreating from their commitments to help ...

During the global financial crisis of 2008 and 2009, for example, the then-heads of the World Bank and the WTO hurried to develop trade finance facilities to support banks in developing countries ...

Finance Minister Sri Mulyani Indrawati on Tuesday projected that Indonesia’s economy will record around 5 percent growth in ...

Slovenia has announced a 30% increase in its contribution to the World Bank's International Development Association (IDA), reinforcing its commitment to supporting the world's poorest countries. The ...

Many low- and middle-income countries – the population the World Bank is tasked with helping – are falling deeper into debt and facing growing costs as the impacts of climate change increase ...