The World Bank voted on Tuesday to change its internal lending guidelines, freeing up $30 billion in additional lending ...

Global finance leaders are facing a major uncertainty as they meet in Washington next week: Who will win the U.S.

The United States was a leading force in the establishment of the World Bank in 1944 and remains the largest shareholder of the World Bank today. As the only World Bank shareholder that retains veto ...

The World Bank's climate policies are an example of "development done smart," and are unlikely to be scaled back regardless ...

WASHINGTON (Reuters) - International Monetary Fund Managing Director Kristalina Georgieva said on Thursday that she expected ...

GENEVA (Reuters) -The United Nations humanitarian office accused Israel on Friday of using "war-like" tactics against ...

Call for policy reviews By Peter Egwuatu Nigerian economists and financial experts have faulted the World Bank’s ...

The average price of commodities in Nigeria has increased by 45.92 per cent to 32.70 per cent as the headline inflation rate in September 2024 since Tinubu assumed office in May 2023.

Following the ECB's rate cut, the Euro and British pound weakened against the U.S. dollar. See more on global economic ...

World shares are higher after China's central bank released plans for supporting stock markets through share repurchases.

Does it matter if a central bank is privately owned? No, it makes no difference. Public or private, central banks give the ...