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WORLD BANK MEETINGS
IMF and World Bank meetings leave developing countries with more questions than answersThe recent discussions at the International Monetary Fund and World Bank left developing nations feeling uncertain about their futures. Del...- Ex-IMF Director KV Subramanian dismisses Pakistan's global financial leadership claimKrishnamurthy V Subramanian has criticized Pakistan's claim of returning to global financial leadership. He clarified that the IMF and Worl...
- AI rapidly improving, could vastly boost US GDP: Anthropic's Clark tells policymakersClark, speaking at IMF and World Bank annual meetings in Bangkok, said that international cooperation was needed to erect "unusual and seri...
- Central bankers eye higher rates as AI boom fuels scramble for cashThe surge in artificial intelligence is sparking worldwide investments while simultaneously elevating borrowing rates for both governments ...
- Sitharaman, JBIC chief discuss clean energy, critical minerals and supply chainsFinance Minister Nirmala Sitharaman recently met with JBIC Governor Kazuhiko Amakawa to discuss collaboration. They focused on clean energy...
- Pakistan to chair IMF, World Bank boards next year for first time since 1953Islamabad has been named the incoming chair of the IMF and World Bank Group for 2027. This marks the first time since 1953 that Pakistan wi...
- World Bank has a $19 billion gameplan to expand its critical minerals business in five yearsWorld Bank President Ajay Banga has set a target to quintuple the lender’s critical minerals business over five years, with financing proje...
- Anthropic's Jack Clark says common-sense standards are needed for AIAnthropic tests its AI systems and shares that information, but it should not all be voluntary, Clark added during a panel discussion at th...
- US Market: Fed Chair Warsh offers no signal on October interest-rate decisionFederal Reserve Chair Kevin Warsh gave no signal on whether the US central bank would change interest rates at its October 27-28 meeting, r...
- WEF could appoint Lagarde as early as November, sources sayChristine Lagarde is likely to be appointed as the chair of the World Economic Forum next month. This change would require her to step down...
- Bessent urges World Bank to end restrictions on upstream oil, gas financingUS Treasury Secretary Scott Bessent urged the World Bank to ease restrictions on oil and gas financing, support deep-sea mining, and reform...
- IMF chief urges US and wealthy nations to rein in debt to ease global economic pressureThe International Monetary Fund emphasized the urgent need to address rising global debt impacting low-income countries. IMF Managing Direc...
- No magic fix: IMF chief warns growth cannot solve America's $40 trillion debtThe head of the International Monetary Fund highlights the urgent need to address global debt levels. Rising interest rates and inflation h...
- World Bank Group mobilizes $36 billion in India for development and job creation over four yearsThe World Bank Group has mobilised a cumulative $36 billion in India across various development sectors. This funding includes $9.6 billion...
- US Fed’s Bowman sees no urgency for another rate hikeMichelle Bowman, the Vice Chair for Supervision of the US Federal Reserve, spoke during the IMF-World Bank meetings in Bangkok. She stated ...
- Global Market: Lagarde says France must tackle debt woes through fiscal consolidationECB President Christine Lagarde stated on Wednesday that France must tackle its ballooning debt and deficit through domestic fiscal consoli...
- Japan finance minister named as next chair of World Bank-IMF joint development committeeSatsuki Katayama has been appointed as the next chair of the World Bank-IMF joint development committee. She is the first Japanese finance ...
- Singapore's President warns of AI's risk to employment for fresh graduatesDuring the IMF and World Bank annual meetings in Bangkok, Singapore President Tharman Shanmugaratnam raised concerns about the shrinking jo...
- Policymakers take on energy shock, rising debt at IMF-World Bank meetingsFinance ministers and central bankers will meet in Bangkok to discuss challenges affecting the global economy this week. The key concerns i...
- World Bank in talks with 30-40 countries over aid to tackle Middle East energy shockThe World Bank is in talks with numerous countries to address energy price increases stemming from the Middle East crisis. While the global...
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