The International Monetary Fund said protectionism and new trade wars could weigh on growth.
Tag: World Bank
U.S. and Europe Agree to Finalize $50 Billion Ukraine Loan Backed by Russian Assets
Treasury Secretary Janet L. Yellen said an agreement was close. She also rebuked China’s lending practices and called for more debt relief.
Faced With Regional Setbacks, India Flexes Its New Economic Muscle
Tapping into a fast-growing economy, Prime Minister Narendra Modi has been offering financial help to India’s neighbors as he tries to counter China’s influence.
A Climate Fund Could Pay Billions to Protect Trees in Amazon and Beyond
Brazil is proposing a fund that would pay countries to protect tropical forests that are crucial to curbing climate change. It would generate returns, too.
Africa’s Debt Crisis Has ‘Catastrophic Implications’ for the World
Crushing obligations to foreign creditors that have few precedents have sapped numerous African nations of growth and stoked social instability.
Growing Economic Anxiety and Inequality Fuels Unrest Worldwide
Economic turmoil is spreading across the globe, and the response has been protests, attempted coups and elections of far-right politicians.
World Bank Sees Rosier Growth Outlook
But rising trade barriers pose a long-term threat to global output as protectionist policies spread, the bank said.
Handling of Sex Abuse Inquiry Poses Test for World Bank’s Ajay Banga
The bank is facing scrutiny as it debates how to compensate victims of abuse at Kenyan schools that it was financing.
World Bank Warns of Energy Price Surge if Mideast War Spreads
A new economic report predicted a year of weak growth and said the world faced a decade of “wasted opportunity.”
The Debt Problem Is Enormous. Experts Say the System for Fixing It Is Broken.
Economists offer alternatives to financial safeguards created when the U.S. was the pre-eminent superpower and climate change wasn’t on the agenda.