GDP report revives stagflation fears in the market, with growing risk of a Fed rate hike seen

Thursday’s U.S. economic data is ringing alarm bells in the minds of traders, economists and others, who are beginning to voice concerns that the ... Read More

World Bank sounds alarm on 'historical reversal' of development for poorest nations

Half of the world's 75 poorest countries are experiencing a widening income gap with the wealthiest economies for the first time this century in a historical reversal of development, the World Bank ... Read More

World News

The U.S. Senate approved a package that includes $26 billion in aid for Israel and for civilians in conflict zones, including Gaza, over objections from some Democrats opposed to Israel’s ... Read More

Austrian central bank chief sees 'tail risk' in Raiffeisen's Strabag deal

VIENNA, April 3 (Reuters ... U.S. and Europe or Austria, the Austrian National Bank, we can't provide a blank cheque. We can't say 'Go ahead, you have the all-clear'. There's a tail risk ... Read More

World Bank unveils new scorecard to measure accountability

Anna Bjerde, the World Bank's managing ... clients to "see how we're doing but also where we need to double down," she said. The Reuters Daily Briefing newsletter provides all the news you need ... Read More

World Bank sees Western Balkan economies growing but reforms needed

SARAJEVO, April 11 (Reuters ... economy,” said Xiaoqing Yu, World Bank country director for the Western Balkans. Xiaoqing was referring to the EU´s 6 billion euro plan that would provide ... Read More

Sub-Saharan Africa growth not enough to dent poverty, says World Bank

the World Bank's chief Africa economist, said in a press briefing, but added, "We can't tell if there's going to be another default or not." The Reuters Daily Briefing newsletter provides all the ... Read More

World Bank Unlocks Secret Data for Emerging Market Finance

(Bloomberg) -- World Bank Group has ... they need to better assess risk. Most Read from Bloomberg Bank of Russia Sees No Alternative to Yuan for Its Reserves Fed’s Preferred Inflation Metric ... Read More

South Africa faces upside risk to inflation, financial conditions, central bank governor says

South Africa faces upside risks to its inflation outlook, Central Bank Governor Lesetja Kganyago said, but the latest data has not shown evidence of price pressures from food despite adverse El Nino ... Read More

World News

Britain’s Parliament passed ... minority group made clear he sees few checks at home or abroad on his power. By Mujib Mashal The United Nations says famine is likely to set in by May. Read More

World Bank unveils new scorecard to measure accountability

WASHINGTON, April 9 (Reuters ... the World Bank's managing director of operations, said the scorecard would allow its shareholders and the people it serves to better see, measure and track ... Read More