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Category World Bank

World Bank sold $510 million in bonds backed by loans to 57 companies in emerging markets.

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 Bloom...
World Bank pushes for full disclosure from nations taking on debts

World Bank pushes for full disclosure from nations taking on debts

The World Bank wants developing nations to disclose more loan and debt data.
60% of developing economies will see slower growth due to tariffs

60% of developing economies will see slower growth due to tariffs

The World Bank warned on Tuesday that economic growth in the United States may drop by half this year due to President Trump’s tariffs, and the res...
Treasury Secretary Bessent calls on China to lead trade war de-escalation

Treasury Secretary Bessent calls on China to lead trade war de-escalation

Treasury Secretary Scott Bessent has tasked China with the responsibility of de-escalating trade tensions.
US Treasury Secretary Bessent accuses IMF and World Bank of ‘mission creep’ – What is it to the economy?

US Treasury Secretary Bessent accuses IMF and World Bank of ‘mission creep’ – What is it to the economy?

US Treasury Secretary Scott Bessent asked the International Monetary Fund and the World Bank to get back to their core missions of developing econo...