Once a region seeing vast flows of wealth due to natural petroleum resources, the market slowdown and plunging oil prices have placed the Gulf Cooperation Council in a position of economic uncertainty. CNBC's Nessa Anwar is joined by Hadley Gamble to discuss the GCC's challenges, from economic diversification to their internal disagreements.
The World Bank has become the latest international organization to pause aid disbursements to Afghanistan following the Taliban's takeover.
For the most part, the Washington-based institution sees these price pressures as transitory. However, it warned that "uncertainty remains high."
The predicted year for gender parity on executive boards at these publicly-listed U.K. firms has gone up by four years to 2036, according to the research.
Vaccine policy will top all other economic polices this year as the world tries to recover from the coronavirus crisis, the IMF's Kristalina Georgieva said.
The IMF wants $50 billion to be spent on ensuring a faster rollout of coronavirus vaccines.
Climate change is already taking a financial toll on the planet, with extreme weather events costing the global economy $146 billion in 2019, according to insurer Swiss Re. However, economists warn the worst is yet to come. CNBC's Silvia Amaro spoke to IMF Managing Director Kristalina Georgieva about how governments and business can fight back.
There are two main ways in how climate change is a problem from a financial point of view and both could cause you financial losses.
The International Monetary Fund expects Europe's economy to return to pre-crisis levels in 2022, assuming that Covid vaccines soon become widely available.
The International Monetary Fund revised its growth forecast for 2021 up to 4%.
Economist William Jackson said the IMF plan "won't prevent the need for debt restructuring in countries where debt trajectories are on unsustainable paths."
The IMF is praising the U.S. for extraordinary stimulus but is warning that these measures can cause longer-term damage to worldwide economies.
The IMF expects the world economy to grow by 6% in 2021, up from an earlier forecast of 5.5% growth, but Paul Gruenwald of S&P Global Ratings explains why he is not as optimistic.
There is an international race to vaccinate as many people as possible and finally overcome the coronavirus pandemic. But vaccines are not being distributed equitably and at the current pace, there may not be enough shots to cover the world's population until 2024. CNBC's Silvia Amaro looks at the challenges and importance of vaccinating low-income nations.
Experts have highlighted why it's in everybody's interests to make sure adequately supplied inoculation programs are rolled out across the globe.
"China is really an impressive example of an outlier in the positive sense," the IMF's Tobias Adrian told CNBC Tuesday.
The International Monetary Fund's projections suggest the U.S. will experience a solid economic recovery in 2021, in contrast to many other countries.
The International Monetary Fund is even more optimistic about global growth this year, but has insisted there is still "high uncertainty" ahead.
Green School International is a network of eco-friendly schools that's turning mainstream education on its head and raising an army of activist alumni.
The Paris Club, comprising 22 wealthy countries, provides a platform for governments facing financial difficulties to reduce and renegotiate their debt repayments. Formed in 1956, it has signed more than 400 agreements to date, worth more than half a trillion dollars to about 100 countries. As public debt soars in the wake of the pandemic, CNBC's Timothyna Duncan breaks down how this exclusive club functions and the challenges it faces to stay relevant.