The World Bank on Tuesday reduced its outlook for both global and U.S. economic growth this year, citing disruptions to global trade stemming from President Trump’s trade war. Global growth in 2025 is ...
WASHINGTON, April 19 (Reuters) - The World Bank on Friday said that 11 countries have pledged to contribute over $11 billion to new hybrid capital and portfolio guarantee instruments designed to ...
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What does Paschal Donohoe’s new World Bank job entail?
Paschal Donohoe stepped down from his role as Minister of Finance and as a TD in a shock announcement on Tuesday morning.
The World Bank on Tuesday agreed with President Trump’s complaint that foreign countries engage in unfair trade practices with the US and urged the nations to ease their tariffs on American exports.
The World Bank effectively endorsed President Donald Trump’s complaint about the high tariffs that other nations impose on American products, calling for U.S. trading partners to sharply reduce their ...
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World Bank sold $510 million in bonds backed by loans to 57 companies in emerging markets.
The World Bank has sold $510 million in bonds backed by loans it previously issued to companies operating in emerging economies, according to Bloomberg. The transaction is the Bank’s first use of a ...
In just a decade the Asian Infrastructure Investment Bank has become a credible lender distinct from Beijing’s Belt and Road. Doing half its lending alongside US-led peers like the World Bank helped.
The Trump administration’s deep cuts to clean-energy programs are raising concerns about U.S. commitments to the lender. By Max Bearak and Somini Sengupta Max Bearak and Somini Sengupta have reported ...
Along with a sharply downgraded projection for global output this year, it urged a “course correction” on trade to help preserve living standards. By Alan Rappeport Reporting from Washington The ...
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