World Bank’s New Chief Says Institution Must Be Bigger, Better
Ajay Banga, the World Bank’s new president, said the lender must become bigger as well as better at
2023-10-11 17:58
Yellen Resists Pressure for Reform of IMF Voting Shares
US Treasury Secretary Janet Yellen showed little willingness to embrace reforms at the International Monetary Fund that would
2023-10-10 23:28
Much of Europe Faces Increasing Probability of Warm Winter
There is an increasing probability that Europe will experience a significantly warmer winter than usual, potentially reducing the
2023-10-10 21:58
Morocco Pushes to Lose Junk Credit Rating, Finance Minister Signals
Morocco is lobbying to regain an investment-grade credit score from S&P Global Ratings, vowing to keep its budget
2023-10-10 19:57
One Bond Market Is Defying the Global Selloff With Record Returns
As bond markets everywhere get battered by a cocktail of higher interest rates, deficit angst and hawkish central
2023-10-10 03:59
Kenya’s Ruto, AfDB’s Adesina Say Tackling Climate Depends on Africa Debt Fix
Kenyan President William Ruto and the heads of two major finance and climate institutions said without a 10
2023-10-08 19:25
Near Fourfold Surge in Rooftop Solar Slashes Eskom, City Revenue
South Africa’s near fourfold increase in rooftop solar power generation capacity in the year to March has reduced
2023-10-06 23:52
Gabon’s Post-Coup Government Keeps Focus on Forest Preservation
Gabon’s new forestry minister, appointed by the country’s military government after an August coup, has eased concern that
2023-10-06 20:54
IMF Boss Says Egypt to ‘Bleed’ Reserves Unless It Devalues Again
Egypt will “bleed” precious reserves unless it devalues its currency again, the managing director of the International Monetary
2023-10-06 01:57
Georgieva Says IMF to Boost Climate Funding, Weighs Debt-for-Nature Swaps
The International Monetary Fund plans to speed up payments from a new program to shield countries from the
2023-10-06 01:55
Record Heat Is Unleashing Deadly Floods From US to Libya
Extreme heat is usually associated with drought and wildfires. But across five continents this year, it’s also unleashed
2023-10-05 18:53
Barclays, StanChart Plan Bankers’ Return to COP28 Climate Summit
The world’s top bankers and investors mostly stayed away from last year’s United Nations climate conference in the
2023-10-04 14:45