Kashmir attack: Does India’s Indus Waters Treaty freeze threaten Pakistan? Pakistan has deemed India’s suspension of the Indus Waters Treaty following tourist attack in Pahalgam an ‘act of war’. Al Jazeera · Apr 24, 2025
US Treasury Secretary says IMF and World Bank need reform Treasury Secretary Scott Bessent said the institutions “serve critical roles in the international system. And the Trump administration is eager to work with them — so long as they can stay true to their missions.” Euronews · Apr 24, 2025
Slower growth looms over Eastern Europe as reform urgency rises Slower growth looms over Eastern Europe and Central Asia as inflation, weak external demand, and structural inertia take hold. The World Bank urges bold reforms to unlock productivity and avoid the middle-income trap. Euronews · Apr 24, 2025
Scott Bessent says the World Bank and IMF need a total overhaul: 'Mission creep has knocked these institutions off course' Treasury Secretary Scott Bessent, in remarks to the Institute of International Finance on Wednesday, said the two agencies are falling short. Fortune · Apr 23, 2025
From Doing Business to B-READY: World Bank’s new rankings represent a rebrand, not a revamp In 2021, the World Bank shut down one of its flagship projects: the Doing Business index, a global ranking system that measured how easy it was to start and run a business in 190 countries. The Conversation · Apr 23, 2025
US Treasury Chief Says IMF, World Bank Must Be 'Fit For Purpose' The International Monetary Fund and the World Bank "must be made fit for purpose again," US Treasury Secretary Scott Bessent said Wednesday, arguing the institutions should be promoting economic growth instead of social issues. International Business Times · Apr 23, 2025
Treasury Secretary Scott Bessent says China has ‘opportunity for a big deal’ with US as trade war appears to cool The Treasury Secretary says the U.S. and China can work together to ‘rebalance’ their respective economies The Independent UK · Apr 23, 2025
Scott Bessent says China must move away from export overcapacity and American overreliance: 'Everyone knows it needs to change' Treasury Secretary Scott Bessent, in remarks to the Institute of International Finance on Wednesday, said, “America first does not mean America alone,” sharing that more than 100 countries have come to the table to talk trade deals. Fortune · Apr 23, 2025
Southeast Asia's Muslim market comes of age—and authenticity is in From banking to fashion, local businesses are targeting a growing middle-class consumer base keen to buy 'halal'. Fortune · Apr 20, 2025
Global Uncertainty Will 'Certainly' Hit Growth: World Bank President The uncertainty kicked up by Donald Trump's stop-start tariff rollout will undoubtedly hit growth, the president of the World Bank said Wednesday, ahead of next week's semi-annual meeting of global financial leaders in Washington. International Business Times · Apr 16, 2025
Can Bitcoin save Bhutan’s struggling economy? Amid a brain drain and economic woes, Bhutan has used cryptocurrency to double the salaries of its civil servants. Al Jazeera · Apr 14, 2025
Argentina Receives $42 Bn From International Financial Institutions Three international financial institutions announced $42 billion in fresh support for financially troubled Argentina on Friday, as its president said his country's economy will grow "like never before." International Business Times · Apr 12, 2025
Penguins, vaccines: Can negotiations save Trump’s oddest tariff targets? Barely inhabited islands, countries the US enjoys a trade surplus with, and a tariff formula that isn’t about tariffs. Al Jazeera · Apr 8, 2025
Demand-centric labor-intensive industries may help our shrinking middle class Indonesia’s current account deficit pressures the middle class, forcing them to use their savings. The rupiah’s volatility has increased import costs, reducing household expenditure. Additionally, 81,290 layoffs between 2024 and 2025 and a significant decrease in middle class spending, from 21.45% in 2019 to 17.13% in 2024, paint a bleak… The Conversation · Apr 8, 2025
The Independent UK · Apr 7, 2025 World Bank employees accused of ‘intimidating’ au pair into forced labor and threatening to have her deported Exclusive: An au pair from Indonesia claims in a lawsuit obtained by The Independent that the couple refused to let her leave the house without their permission and threatened to have her deported if she told anyone about the mistreatment
The Guardian - UK · Apr 3, 2025 World Bank announces multimillion-dollar redress fund after killings and abuse claims at Tanzanian project Communities in Ruaha national park reject response to alleged assault and evictions of herders during tourism scheme funded by the bank
Radio France Internationale · Mar 28, 2025 Macron calls malnutrition a 'fight for peace' as donors pledge €25bn French President Emmanuel Macron underlined the global need to fight malnutrition amid uncertainty over global development aid funding, as Paris hosts the Nutrition for Growth summit. By the end of the first day, the summit had seen pledges of €25 billion.
Salon · Mar 27, 2025 Future of Gaza’s recovery may be solar Facing destroyed infrastructure and limited control of energy supplies, off-grid options like solar are helping Pal
The Independent UK · Mar 27, 2025 Mali embraces solar power for rural areas but the challenges are still vast A solar power plant in this rural corner of Mali has jolted a village to life and awakened dreams of steady power in this West African nation
The Conversation · Mar 27, 2025 Foreign aid cuts could mean 10 million more HIV infections by 2030 – and almost 3 million extra deaths In January, the Trump administration ordered a broad pause on all US funding for foreign aid.
The Guardian - UK · Mar 14, 2025 ‘All the birds returned’: How a Chinese project led the way in water and soil conservation The Loess plateau was considered the most eroded place on Earth until China took action and reversed decades of damage from grazing and farming
Roll Call · Mar 13, 2025 Trans-Atlantic differences remain as Trump huddles with NATO boss - Roll Call President Trump and NATO Secretary General Rutte spoke on several topics of disagreement as they met at the White House on Thursday.
The Independent UK · Mar 7, 2025 World Bank estimates $11B needed to rebuild Lebanon after Israel-Hezbollah war The World Bank says the cost of reconstruction and recovery for Lebanon following the 14-month Israel-Hezbollah war is estimated at $11 billion
The Guardian - UK · Mar 7, 2025 Allowing foreign firms to sue governments for lost profits is legal terrorism – it must end Investor–state dispute settlements don’t just mean growing debt burdens for countries: they are also a barrier to action on the climate crisis
Evening Standard · Mar 5, 2025 Bank of England warns of ‘substantial’ risks to UK from Trump tariffs Governor Andrew Bailey cautioned over the ‘major shift’ going on in the US after President Trump imposed trade tariffs on various countries.