World Bank

G20 roars: Reformed World Bank to take center stage

The ground has shifted in the power corridors of global finance. The… More…

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UN Secretary General Antonio Guterres Calls for Reform of ‘Outdated, Dysfunctional, and Unfair’ Global Financial Architecture

Antonio Guterres, Secretary General of the United Nations (U.N.),… More…

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Local Currencies Are Not Alternatives to the Dollar but the System, BRICS Bank Chair Says

The development bank founded by the BRICS bloc of emerging economies… More…

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Algeria Readies $1.5B BRICS Bid: Major Move for Membership in the Cards?

As quoted by Ennahar TV, Algerian president Abdelmadjid Tebboune… More…

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China’s AIIB gets major World Bank partnership

An emblematic partnership has surfaced in the global banking sector.… More…

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Yellen Champions Ukraine Support as ‘Single Best Thing We Can Do for the Global Economy’ Ahead of G20 Summit

Janet Yellen, serving as the 78th U.S. Treasury secretary, emphatically… More…

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Nigeria-China Currency Swap: Activist Lawyer Accuses IMF and World Bank of ‘Economic Sabotage’ to Promote US Dollar, Urges Nigeria to Join BRICS

Nigerian human rights activist and lawyer, Femi Falana, has accused… More… The post Nigeria-China Currency Swap: Activist Lawyer ...

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Report: Somalia to Fight Inflation and Counterfeiters With New Banknotes

According to the deputy governor of the Somalian central bank, Ali… More…

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Crypto Healing: Why Mounting Jitters Of A Recession May Hamper Crypto Market’s Recovery

The crypto market has been on a roll recently as it rallied with Bitcoin… More…

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World Bank Report Forecasts Bleak Global Economic Outlook, Citing ‘Adverse Developments’ and ‘Long-Lasting Slowdown’

On Jan. 10, 2023, the World Bank published its Global Economic Prospects… More…

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