Georgieva selected for second term as IMF managing director

The International Monetary Fund's executive board on Friday selected Bulgarian economist Kristalina Georgieva to serve as managing director for a second five-year term, starting on Oct. 1 this year, ... Read More

IMF managing director Kristalina Georgieva poised to serve second term

Kristalina Georgieva ... World Bank. The Bulgarian-born economist was almost forced out of the IMF in 2021 over allegations that she tampered with data during her time at the World Bank to help China. Read More

World News

The United Nations and others said donors should resume support for UNRWA after a review found that Israel hadn’t backed up claims that many agency workers are members of terrorist groups. The ... Read More

World Bank Warns of Slowing Growth in East Asia Amid China Slump

“China is aiming to transition to a more balanced growth path but the quest to ignite alternative demand drivers is proving difficult,” the World Bank said in its report. China needs more than ... Read More

China's central bank says it will make efforts to expand demand, boost confidence

BEIJING, April 3 (Reuters) - China's central bank will accurately ... Worldcategory Battle for development cash heats up at IMF/World Bank meetings 12:13 PM UTC · Updated ago Reuters photographer ... Read More

World Bank unveils new scorecard to measure accountability

WASHINGTON, April 9 (Reuters) - The World Bank Group unveiled a framework on ... The Reuters Daily Briefing newsletter provides all the news you need to start your day. Sign up here. Read More

World’s best fighter jet gets an upgrade for war against China

The F-22 is the most powerful and sophisticated fighter in the world, but it has its weaknesses ... it routinely deploys to the Pacific region to deter China, and Europe to deter Russia. Read More

France News | Latest Headlines & Stories | Reuters

Some of the world ... Reuters on Thursday. French Finance Minister Bruno Le Maire said on Wednesday that Europe needs to "show its teeth" in defending its industrial and trade interests against ... Read More

Bank of China says net interest margin will continue to face pressure

Sheng Liurong, chief finance officer of China Construction Bank Corp (CCB) (601939.SS) , opens new tab, also said it will further control costs from deposit interest rates, to ease pressure on ... Read More

Gaza infrastructure damages estimated at $18.5 bln in UN-World Bank report

WASHINGTON, April 2 (Reuters) - The Gaza Strip suffered ... according to a joint World Bank and the United Nations report released on Tuesday. The interim damage assessment report, which received ... Read More

Ukraine Gets $1.5 Billion Funding Tranche Under World Bank Programme

Ukraine Gets $1.5 Billion Funding Tranche Under World Bank Programme (Reuters) -Ukraine has received a $1.5 billion tranche of funding under a World Bank programme, Prime Minister Denys Shmyhal ... Read More

World News

To lure swiftlets, whose saliva-built nests fetch high prices in China, people in Borneo compete to build them the most luxurious accommodations: safe, clean, dark and with pools for bathing. Read More