Mohammed AlJadaan, Finance Minister of Saudi Arabia; Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF); and Ajay Banga, President of the World Bank Group (WBG) issued th ...

The Bank of England is midway through its work in responding to a major review of its forecasting and communication processes ...

Treasury Secretary Scott Bessent said the U.S. remains committed to playing a leadership role in the IMF and World Bank but ...

A decision by World Bank shareholders to change the equity-to-loan ratio will not solve all of today's challenges. But it will start to fill a gap, without triggering new burdens for taxpayers ...

The IMF’s world trade uncertainty index is currently 7 times higher than it was in October 2024, much higher than in the ...

Lebanon has received preliminary approval to increase the value of a World Bank reconstruction loan to $400 million from $250 million, Finance Minister Yassine Jaber said in a statement on Wednesday.

Oil prices declined slightly due to oversupply concerns and Kazakhstan's defiance of OPEC+ quotas, while US stocks rallied ...

China hasn't officially responded to Trump's pledge to play "nice" but the media outlet Cailian called it "a sign that Trump ...

Scott Bessent’s reported comments caused shares to briefly spike on Wall Street, with investors watching closely for any ...

Pope Francis charmed the world with those poignant acts of love, humility and informality, starting with his first appearance ...

VATICAN CITY (AP) — Pope Francis, history’s first Latin American pontiff who charmed the world with his humble style and concern for the poor but alienated conservatives with critiques of capitalism ...

Pope Francis, the first Latin-American pontiff, renowned for his outspoken advocacy for the poor and insistence on a more welcoming Catholic Church, has died at the age of 88. Francis was a pope of ...