News

Bessent Chides IMF, World Bank as He Says ‘America First Does Not Mean America Alone’
Bessent spoke to the Institute of International Finance as both the International Monetary Fund and World Bank held their ...
Lebanon receives $250 million World Bank loan to help with electricity problems
Lebanon has been granted a $250 million loan from the world bank to address the electricity issue in the country, a finance ...
U.S. Calls for Sweeping Reforms to I.M.F. and World Bank
Treasury Secretary Scott Bessent argued in a speech that the multilateral economic institutions have veered away from their ...
Bessent says IMF and World Bank need reform and there's an 'opportunity for a big deal' with China
Treasury Secretary Scott Bessent leveled harsh criticism at the operations of the World Bank and the International Monetary ...
Bangladesh, World Bank sign $850 million deal to boost jobs, trade
Bangladesh and the World Bank on Wednesday signed two financing agreements worth $850 million to strengthen the South Asian ...
Scott Bessent says the World Bank and IMF need a total overhaul: ‘Mission creep has knocked these institutions off course’
Treasury Secretary Scott Bessent, in remarks to the Institute of International Finance on Wednesday, said the two agencies ...
Global Economic Leaders Gathering in U.S. Confront Trump’s New World Order
The I.M.F. and World Bank are holding their spring meetings as President Trump’s trade war upends the global economy.
World Bank climate message shifts amid Trump era uncertainty
The bank’s messaging on climate represents a delicate balancing act between the institution and the U.S., its largest ...
World Bank cuts Latin American and Caribbean growth view, highlights uncertainties
The World Bank on Wednesday cut its 2025 economic growth forecast for Latin America and the Caribbean to 2.1% from its ...