Exclusive: World Bank acts to boost lending capacity by $30 billion over 10 years
The World Bank voted on Tuesday to change its internal lending guidelines, freeing up $30 billion in additional lending ...
Bank of America CEO Brian Moynihan says U.S. economy is the envy of the world—but could lose its power due to national debt
Brian Moynihan's warnings over the national debt may be falling on deaf ears, but that isn't going to stop the Bank of ...
World Bank says 26 poorest nations in worst financial shape since 2006
The world's 26 poorest countries, home to 40% of the most poverty-stricken people, are more in debt than at any time since ...
World Bank Acts to Boost Lending Capacity by $30 Billion Over 10 Years
WASHINGTON (Reuters) - The World Bank, under pressure to do more to help developing countries cope with climate change, voted ...
World Bank Cuts Africa GDP Forecast as Sudan War Stunts Region
The World Bank downgraded its economic growth forecast for sub-Saharan Africa as a raging civil war in Sudan stalled activity ...
Angola Plans More Aid to Poor With $400 Million World Bank Loan
Angola will extend a cash-transfer program for low-income families as a weaker currency and sky-high inflation continue to ...
US Treasury Calls for New IMF, World Bank Steps to Ease Liquidity Strains
WASHINGTON (Reuters) - The U.S. Treasury's top economic diplomat on Friday called on the International Monetary Fund and ...
Treasury official says withdrawing the US from the IMF and World Bank would be a 'step backward'
U_S_ Treasury official Jay Shambaugh says withdrawing the U_S_ from the IMF and World Bank would be “a step backward." ...
Exclusive-World Bank board approves new Ukraine fund, with money from US, Japan, Canada, sources say
The World Bank's executive board on Thursday approved the creation of a financial intermediary fund (FIF) to support Ukraine, ...
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World bank want Nigeria’s hardship to continue for 15 years – Shehu Sani
Former Kaduna Central Senator, Shehu Sani, on Wednesday accused the World Bank of complexity in the hardship affecting Nigerians. Sani said the World Bank ...
World Bank Unlocks Another $30 Bn By Tweaking Balance Sheet
The World Bank approved changes to its lending practices on Tuesday which will unlock an additional $30 billion in much-needed financing for middle-income developing countries.