IMF clings to a hopeful agenda as crisis follows crisis
At the fund’s annual meeting this week in Morocco, ambitions for climate and debt relief may be overwhelmed by events – again Last week’s turmoil...
Category : Global economy
Investigation launched into killings and evictions on World Bank tourism project
Tanzania government blamed for violence against villagers in national park, while thousands more people face losing their homes The World Bank is investigating allegations of...
James Cleverly in Japan for G7 as UK tilts towards Pacific post-Brexit
Foreign secretary says ‘free and open Indo-Pacific’ is ‘critical to UK’ and releases manga-style cartoons to mark his visit James Cleverly has arrived in Japan...
Pacific trade deal is more useful to Joe Biden than it is to the UK’s economy
Hailed by Tory MPs as a Brexit benefit, CPTPP membership actually turns the UK into a willing pawn in Washington’s geopolitical game Tory MPs hailed...
World Bank walking tightrope as it mulls increased lending to poorest
Campaigners say bank should rush to rescue countries facing recession – but can it do so without resulting in mass debt write-offs? Not since the...
China’s move to ease Covid travel restrictions lifts hopes for global economy
Analysts says lifting of many rules may soften impact of higher interest rates and unblock supply chains in 2023 Rush to book flights as restrictions...
Climate-focused reform of World Bank could be done in a year, says Al Gore
Former US vice-president says bank should refocus its spending and end its role in ‘fossil fuel colonialism’ Fundamental reform of the World Bank could be...
China’s economic growth slumps sharply after Covid lockdowns
Shutdown of cities takes its toll, while property market remains in crisis and global outlook darkens China’s economic growth has slowed sharply in the second...
Neglect Africa now and we will face labour shortages globally, IMF warns
West’s response to effects of Covid and Ukraine war condemned as shortsighted ‘collective failure’ to invest in future human capital The international community would be...
China funnels its overseas aid money into political leaders’ home provinces
Schools, stadiums or airports help the presidents of countries that receive cash from Beijing tighten their grip on power China’s financing of overseas projects has...
