U.S., Chinese teams working on Phase 1 trade deal text: Mnuchin
U.S. Treasury Secretary Steve Mnuchin speaks about sanctions against Turkey at a news briefing at the White House in Washington,…
Pandemic bonds face scrutiny after Ebola outbreak yet to trigger payout
LONDON (Reuters) – World Bank funding instruments issued to help emerging countries swiftly tackle pandemics have come under the spotlight…
Mnuchin says hopes U.S.-China trade talks nearing ‘final round’
WASHINGTON (Reuters) – U.S. Treasury Secretary Steven Mnuchin said on Saturday a U.S.-China trade agreement would go “way beyond” previous…
World Bank board elects U.S. Treasury’s Malpass as next president
WASHINGTON (Reuters) – David Malpass, U.S. President Donald Trump’s nominee to lead the World Bank, won unanimous approval from the…
Donors pledge $1 billion for maternal and child health fund
(Reuters) – Governments of 10 countries joined philanthropists and the European Commission on Tuesday to pledge $1 billion to a…
U.S. to seek currency chapters in trade talks with Japan, others: Mnuchin
NUSA DUA, Indonesia (Reuters) – U.S. Treasury Secretary Steven Mnuchin said on Saturday that Washington wants to include a provision…
Mnuchin says U.S. will seek currency provision in trade deal with Japan, others
NUSA DUA, Indonesia (Reuters) – U.S. Treasury Secretary Steven Mnuchin said on Saturday Washington would like to include a provision…
China echoes IMF pledges to avoid using currency as trade war tool
NUSA DUA, Indonesia (Reuters) – China’s top central banker on Saturday pledged to keep the yuan currency’s value “broadly stable,”…
IMF members pledge to avoid using currencies as trade weapon
NUSA DUA, Indonesia (Reuters) – The International Monetary Fund said on Saturday its members pledged to refrain from competitive currency…
Nigeria approves $150 million World Bank loan to fight polio
ABUJA (Reuters) – Nigeria has approved a $150 million loan from the World Bank to help eradicate polio and scale…
Experts arrive in region of Congo’s new Ebola outbreak
GENEVA/GOMA (Reuters) – An international delegation has arrived in the town of Beni in Democratic Republic of Congo, 30 km…
World Bank President Jim Yong Kim: The VICE News Interview
Twenty years ago, Jim Yong Kim was an activist calling for the abolition of the World Bank. Today, he’s its…
World Bank lowers 2016 growth projections for Sub-Saharan Africa
The World Bank has lowered its 2016 sub-Saharan African growth forecast to 3.3 percent from a previous forecast of 4.4…
Japan may soften trade stance as U.S. keeps up pressure
WASHINGTON (Reuters) – Despite calls to resist protectionism and for the United States to rejoin a multilateral trans-Pacific trade pact,…
Treasury chief may visit China as trade tensions simmer
WASHINGTON (Reuters) – U.S. Treasury Secretary Steven Mnuchin said on Saturday he may travel to China, a move that could…
World Bank says shareholders endorse capital increase
WASHINGTON (Reuters) – The World Bank said on Saturday its shareholders had endorsed a $13 billion paid-in capital increase, a…
‘Hegemony Challenged’: UK joins China-led bank, US barks back
The UK government considers membership of the China-led Asian Infrastructural Investment Bank (AIIB) of British national interest. However, the decision…
‘Hegemonic corporations scared as BRICS plan bank to rival IMF’
A new global bank is being born in South Africa – where the world’s top emerging economies are meeting. The…
World bank on African countries debts stock [Business Africa]
IMF on Africa’s debt The International Monetary Fund has raised concerns about the debt burden of some African countries between…
‘Dollar valueless, about to crash’ – World Bank whistleblower
The US government shutdown – a temporary ailment or a symptom of a grave disease? Are the Republicans right in…