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International Organizations World Bank

  • Scott Morrison, Treasurer of Australia

    Australian Treasurer Scott Morrison says a series of measures undertaken by regulators have put household debt issues under control.

  • WASHINGTON— The world economy is the healthiest it's been in years but could still use a little help from low-interest rates and higher government spending from countries that can afford it, the International Monetary Fund says. The 189- member IMF and its sister agency, the World Bank, wrapped up three days of meetings Saturday. Geopolitical risks are rising,...

  • Treasury official told Reuters earlier this week that it was too soon to consider such an increase and the World Bank needed to review its balance sheet and shift resources away from higher-income emerging markets such as China toward countries with greater needs. The bank had originally set a goal of its shareholders deciding on a capital increase at this...

  • WASHINGTON, Oct 14- German Finance Minister Wolfgang Schaeuble warned on Saturday against increasing protectionism and urged countries to work together more closely as he visited the United States for meetings of the International Monetary Fund and World Bank. Schaeuble did not specifically name the United States but the U.S. administration has...

  • WASHINGTON, D.C.- Riksbank Governor Stefan Ingves, Deputy Governor Cecilia Skingsley and Deputy Governor Per Jansson will attend the Annual Meetings of the International Monetary Fund and the World Bank. WASHINGTON- ECB President Mario Draghi hold a news conference in Washington 1700 GMT. WASHINGTON- Participation by ECB board member Sabine Lautenschlager...

  • World Bank President Kim: Growth from emerging markets can continue

    Jim Yong Kim, World Bank Group president, provides insight to the global economy, emerging markets and trade deals. Also President Kim talks about providing funds for women entrepreneurs, especially in developing countries, and infrastructure investments.

  • U.S. President Donald Trump (R) welcomes Chinese President Xi Jinping (L) to the Mar-a-Lago estate in West Palm Beach, Florida, on April 6, 2017.

    Trump's protectionism will see the U.S. become more isolated, while Washington-based World Bank and IMF could lose relevance.

  • Lending restrictions imposed by the U.S.-led IMF and World Bank could see China-led financial institutions exert greater sway in the international community, says Scott Morris of the Center for Global Development.

  • *Nigeria and South Africa to drive regional growth. ABUJA, Oct 11- The economy of sub-Saharan Africa is seen growing more slowly this year than previously forecast, largely due to weak investment and productivity, the World Bank said on Wednesday. The Bank said the downgrade to 2017 projections was due to various conditions, including the failure of Nigeria- which...

  • ABUJA, Oct 11- Economic growth in sub-Saharan Africa is expected to be 2.4 percent in 2017, the World Bank said on Wednesday, down from the 2.6 percent projected in April. Albert Zeufack, World Bank chief economist for Africa, said the region's growth recovery would partly be driven by the continent's two largest economies- Nigeria and South Africa- exiting...

  • WASHINGTON, Oct 11- The global economic recovery has strengthened financial stability but easy monetary and financial conditions against a backdrop of sluggish inflation is elevating medium-term risks, the International Monetary Fund said on Wednesday. The IMF, whose autumn meetings with the World Bank get under way in Washington later this week, also...

  • Treasury official dashed hopes for a World Bank capital increase in the near term, saying the multilateral lender first needs to review its balance sheet to ensure resources are going to countries and projects that need them most. The World Bank Group two years ago had set a goal of agreeing on a capital increase for its International Bank for Reconstruction...

  • BEIJING, Oct 10- China will have no problem meeting its economic growth target of around 6.5 percent this year, and may even beat it, the head of the Statistics Bureau said on Tuesday, confirming widespread market expectations. The World Bank last week raised its economic growth forecast for China for 2017 to 6.7 percent from 6.5 percent. Some critics have argued...

  • *Policymakers meet in Washington for annual meetings. *Germany hands over G20 presidency to Argentina. Policymakers from around the world will gather in Washington this week for the IMF and World Bank annual meetings.

  • BERLIN, Oct 9- Policymakers attending IMF and World Bank meetings this week should agree to end ultra-loose monetary policies and high fiscal debt, a senior German government official said on Monday. "It would be an excellent time this autumn to get a strong commitment from Washington to put an end on excessive debts and loose policies," said Ludger Schuknecht,...

  • BERLIN, Oct 9- The International Monetary Fund is likely to nudge up its growth forecast for the global economy in its World Economic Outlook due on Tuesday, a senior German government official said. The official said on Monday that a meeting of economic policymakers in Washington for this week's IMF and World Bank annual meetings was a good opportunity to look...

  • SAUDI AUTHORITIES REVIEWING PUBLIC SPENDING WITH WORLD BANK TO ACHIEVE MORE SAVINGS- IMF.

  • HONG KONG— The World Bank raised its growth forecast for the developing economies of East Asia and the Pacific on Wednesday but warned that risks included rising protectionism and escalating tensions over North Korea. The World Bank said it tweaked its forecasts to reflect stronger than expected growth this year in China— Asia's biggest economy— before a...

  • A bicycle from bike-sharing startup ofo in the Muslim Quarter of Xi’an, China.

    The World Bank raised its economic growth forecasts for developing East Asia and Pacific for this year and 2018

  • SINGAPORE, Oct 4- The World Bank raised its economic growth forecasts for developing East Asia and Pacific for this year and 2018, but added that the generally positive outlook was clouded by risks such as rising trade protectionism and geopolitical tensions. Latest GDP growth projections, percent:. China 6.7 6.7 6.4 Indonesia 5.0 5.1 5.3 Malaysia 4.2 5.2 5.0...