INSANE: 12 | Vintage Vibes

World Bank And IMF Climate Snub 'Worrying': COP29 Presidency

The hosts of the most recent UN climate talks are worried international lenders are retreating from their commitments to help boost funding for developing countries' response to global warming.

International Business Times · Jun 20, 2025

Bolivia Risks Debt Default Without New Funding: President To AFP

Bolivia, battling an economic crisis that has plunged it into social unrest, risks defaulting on its loan payments if it does not obtain new foreign financing, President Luis Arce told AFP on Wednesday.

International Business Times · Jun 19, 2025

Nigeria’s economy is growing but rural poverty is rising: 5 key policies to address the divide

The Nigerian economy grew at a robust rate of 3.4% in 2024, the highest it has been since 2019 (except 2021 when the COVID rebound occurred).

The Conversation · Jun 18, 2025

Ghana and Zambia have snubbed Africa’s leading development bank: why they should change course

The governments of Ghana and Zambia recently took a decision that could have serious consequences for other African countries. The decision relates to arrangements on how the two countries will repay the debt they owe to Africa Export-Import Bank (Afreximbank).

The Conversation · Jun 11, 2025

Business, union divisions threaten to derail PM summit

The prime minister hopes business groups and unions will unite to address a lagging economy but there are already signs of division before a planned summit.

AAP · Jun 10, 2025

Dollar Posts Modest Gains on US-China Trade Optimism

The dollar index (DXY00 ) Tuesday rose by +0.13%. The dollar recovered from early losses Tuesday and moved higher on signs of progress in the US-China trade talks. On Monday evening, President Trump stated that the US was "doing well with China" and that he was "only getting good reports"...

Barchart · Jun 10, 2025

The Latest: Hegseth suggests National Guard use for homeland defense will expand under Trump

Defense Secretary Pete Hegseth is fielding sharp questions from members of Congress about his tumultuous start as Pentagon chief, including his sharing of sensitive military details over a Signal chat, in Capitol Hill hearings

The Independent UK · Jun 10, 2025

Dollar Little Changed as Markets Await News from US-China Trade Talks

The dollar index (DXY00 ) today is down by -0.04%. The dollar gave up an overnight advance and turned slightly lower after the World Bank cut its 2025 global growth outlook. Also, lower T-note yields today have weakened the dollar's interest rate differentials. The dollar today initially moved higher on...

Barchart · Jun 10, 2025

World Bank: Economy set for worst run since 2008 outside of recessions

The group has cut its growth forecasts in nearly 70% of all economies — across all regions and income groups.

Euronews · Jun 10, 2025

Citing trade wars, the World Bank sharply downgrades forecast for global economic growth to 2.3%

President Donald Trump’s trade wars are expected to slash economic growth this year in the United States and around the world, the World Bank forecast Tuesday

The Independent UK · Jun 10, 2025