World Bank
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BRICS needs alternative to the American currency, according to Brazilian economist Paulo Batista © Getty Images/pick-uppath The international monetary system…
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The country’s GDP in PPP terms is outperforming that of Germany, according to World Economics © Sputnik/Vladimir Astapkovich Russia was…
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Kiev is also expecting another $2 billion from Japan following the latest payment guaranteed by Tokyo © Getty Images / Mark…
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The cabinet reacted to the proposal by saying that such a move would have negative consequences FILE PHOTO: The IMF…
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The country’s real GDP is forecast to increase by 1.2% next year © Getty Images / Vladislav Zolotov The Russian economy…
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Former US Treasury Secretary Larry Summers has warned that America is losing global influence as other powers form trading blocs…
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The step is necessary to resume investments, the organization says © Getty Images / NurPhoto / Contributor The World Bank will…
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The country’s economy is expected to do much better this year than bank had earlier predicted © Getty Images / Sarah…
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Financial losses arising from the catastrophe have exceeded $34 billion, the World Bank says © AFP / Louai Beshara The devastating…
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The institution’s analysts say the world is ‘perilously close’ to recession African women from Maasai tribe carrying water to their…