Spiking trade uncertainty is compounding rising debt and sluggish growth problems facing emerging markets and developing ...

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

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

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 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 ...

Bessent spoke to the Institute of International Finance as both the International Monetary Fund and World Bank held their ...

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

The World Bank cut its economic growth forecast for India on Wednesday, citing increased uncertainty in the global economy ...

Sri Lanka is on track to post growth of 3.5% this year, the World Bank said in its latest report on Wednesday, unchanged from ...

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