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

WASHINGTON (Reuters) - Spiking trade uncertainty is compounding rising debt and sluggish growth problems facing emerging ...

The World Bank's steering committee on Friday endorsed the lender's plans to explore options to expand energy access, ...

Treasury Secretary Scott Bessent has played a balancing act trying to reassure nervous investors that the U.S. would maintain ...

Global policymakers gathering in Washington this week breathed a collective sigh of relief that the U.S.-centric economic ...

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

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

Treasury Secretary Scott Bessent argued in a speech that the multilateral economic institutions have veered away from their ...

The World Bank has granted Lebanon a $250 million loan aimed at helping alleviate persistent power cuts worsened by last year ...

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

After the Hamas attack on Oct. 7, 2023 ignited the devastating war in Gaza, a deadly new reality also took hold for ...

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