World Bank Warns of ‘Lost Decade’ for Global Economic Potential

WASHINGTON — The World Bank warned on Monday that the coronavirus pandemic and Russia’s war in Ukraine had contributed to a decline in the global economy’s long-term growth potential ... Read More

World Bank Chief Economist Gill calls for new approaches to address 'debt crisis' | Reuters

World Bank Chief Economist Indermit Gill is calling for new approaches to address the mounting debt crisis facing many countries, including steps to factor domestic borrowing into assessment of a ... Read More

Where the next financial crisis could emerge

The recent growth of private markets has been a phenomenon. Indeed, private funds, which include venture capital, private equity, private debt, infrastructure, commodities and real estate, now ... Read More

World Bank chief economist sounds alarm on emerging market debt issues, urges liberalization - Yahoo Finance

Compared to earlier shocks, including the 2008-2009 global financial crisis and the COVID-19 pandemic, the current shock is the result of government policy, which meant it could also be reversed ... Read More

IMF: Banking crisis boosts risks and dims outlook for world economy

David Malpass, the outgoing World Bank president, told reporters Monday that the group now saw a 2% expansion in output in 2023, up from 1.7% predicted in January, Reuters has reported. Not 2008 ... Read More

World Bank Cuts Global Economic Growth Forecast Amid Tariff-Fueled Uncertainty

The global economy could grow less this year than previously projected, the World Bank said Tuesday, citing uncertainty over tariffs and ongoing trade disputes. Read More

Solvency of financial institutions could be bigger threat than liquidity in next crisis, economist says - MarketWatch

Solvency of financial institutions could be bigger threat than liquidity in next crisis, economist says Last Updated: Oct. 12, 2022 at 9:55 a.m. ET First Published: Oct. 11, 2022 at 4:05 p.m. ET ... Read More

US to exit IMF and World Bank? How it could reshape global finance

US News: A storm is brewing over Washington’s commitment to global financial institutions, with US Treasury Secretary Scott Bessent’s absence at the G20 meetin. Read More

Global banking crisis: What just happened? | CNN Business

On March 10, the biggest failure of a US bank since the global financial crisis was playing out in real time as a major lender to the tech industry succumbed to a classic bank run. Read More

World Bank Chief Economist Sounds Alarm on Emerging Market Debt Issues, Urges Liberalization - U.S. News

US News is a recognized leader in college, ... the World Bank's chief economist. ... including the 2008-2009 global financial crisis and the COVID-19 pandemic, ... Read More