Global policymakers gathering in Washington this week breathed a collective sigh of relief that the U.S.-centric economic ...

The Trump administration cannot determine the mission of the World Bank because the global lender's goals are based on ...

After the Hamas attack on Oct. 7, 2023 ignited the devastating war in Gaza, a deadly new reality also took hold for ...

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

Treasury Secretary Scott Bessent argued in a speech that the multilateral economic institutions have veered away from their ...

Treasury Secretary Scott Bessent has played a balancing act trying to reassure nervous investors that the U.S. would maintain ...

Treasury Secretary Bessent on Wednesday encouraged the World Bank to invest in gas and fossil fuels. "The World Bank must be ...

The International Monetary Fund (IMF) and World Bank spring meetings this week in Washington have been dominated by worries ...

The I.M.F. and World Bank are holding their spring meetings as President Trump’s trade war upends the global economy. By Alan Rappeport Reporting from Washington Global economic leaders are ...

Rural extreme poverty dropped from 18.4 per cent to 2.8 per cent, and urban from 10.7 per cent to 1.1 per cent, narrowing the ...

Treasury Secretary Scott Bessent said Wednesday that the International Monetary Fund and the World Bank are guilty of ...

BEIRUT -- The World Bank will grant Lebanon a $250 million loan that will be used to help ease electricity cuts in the crisis-hit country, the country's finance ministry said Thursday.