Donald Trump's policy of imposing tariffs could lead to more protectionism and slower growth in the global economy as well as more inflation, economists say. Yet, the global development financing ...

Initiative would allow debt suspension during crises Supported by Spain, Canada, France and Britain Spain's foreign minister suggests clauses could also cover war SEVILLE, Spain, July 1 (Reuters) - A ...

For 75 years the World Bank has been one of the developing world’s main sources of cheap finance. Its aid arm, the International Development Association (ida), distributes roughly $30bn a year to 78 ...

LONDON--(BUSINESS WIRE)--The Defence, Security and Resilience Bank (DSRB) Development Group co-hosted an international conference in the City of London this week to discuss the creation of a new ...

LONDON, Sept 9 (Reuters) - Multilateral development banks provided a record $137 billion in climate finance in 2024, up 10% from the previous year, and also helped boost private sector funding for ...

The Defence, Security and Resilience Bank (DSRB) Development Group today announced the appointment of Søren Elbech and Matthew Westerman to its Board, strengthening the institution’s financial and ...

SINGAPORE—Asia’s economies grew at a solid pace in the first half of the year, but that momentum will slow as tariffs take effect, the Asian Development Bank said as it cut growth forecasts for the ...

SEVILLE, Spain (Reuters) -A number of wealthy creditor nations and multilateral lenders have launched an initiative that aims to give sovereign borrowers breathing space on debt payments in the event ...