The World Bank report also forecast that gold prices are likely to set a new record in 2025 as investors seek safe havens for ...

The UK is considering scaling back its nearly £2 billion ($2.7 billion) commitment to a World Bank fund for developing ...

Saudi Arabia and Qatar say they will pay Syria’s outstanding debt to the World Bank, a move that is likely to make the ...

What is a reserve currency? How did the dollar come to dominate global trade and finance? And why might some countries prefer ...

A new report by the World Bank says organised crime and violence have become a central obstacle to development in Latin ...

Global finance leaders came to Washington this past week seeking clarity on what it would take to get some relief from ...

Economic growth in the six Western Balkans countries is projected to moderately slow in 2025 due to weaker external demand ...

The World Bank's verdict on Nigeria's poverty level has attracted widespread outcry, with some interest groups demanding ...

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

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

Treasury Secretary Scott Bessent, in remarks to the Institute of International Finance on Wednesday, said the two agencies ...

In a significant move towards Syria’s recovery, Saudi Arabia and Qatar have agreed to pay the country's outstanding debt to ...