News

Trump administration says IMF, World Bank ‘falling short’ of missions
Treasury Secretary Scott Bessent said the U.S. remains committed to playing a leadership role in the IMF and World Bank but ...
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 ...
IMF's Georgieva, World Bank's Banga need to earn Trump administration's trust, Bessent says
U.S. Treasury Secretary Scott Bessent on Wednesday said IMF chief Kristalina Georgieva and World Bank President Ajay Banga ...
From Doing Business to B-READY: World Bank’s new rankings represent a rebrand, not a revamp
The World Bank has long sought to replace it’s annual index that fell to scandal in 2021. But a new replacement repeats some ...
IMF chief economist, asked about Trump attacks on Powell, says central banks must preserve independence
The IMF's chief economist, asked on Tuesday about U.S. President Donald Trump's attacks on Federal Reserve Chair Jerome ...
IMF Says Financial Stability Risks Increased Significantly Amid Trade Turmoil
Specifically, the IMF warned that tariff turmoil could weigh heavily on banks, as a trade shock could force banks to park ...
Three more UK interest rate cuts this year, predicts IMF
The Bank of England could cut interest rates three more times this year, as the UK grapples with higher-than-expected ...