World Bank Forecasts Higher Real GDP Growth in 2023, but Cuts Forecast for 2024

In its latest World Economic Outlook, the World Bank forecast growth of 2.1% in 2023, up from 1.7% in its previous forecast released in January. FILE PHOTO/Johannes P. Christo/File Photo/File Photo/File Photo WASHINGTON (Reuters) – The World Bank forecast real GDP growth of 2.1% in 2023 in its latest World Economic Outlook released on Wednesday, … Read more

US Regional Banks in Distress: Markets Await Federal Reserve Decision on Rates Amid Uncertainty and Bankruptcy Crisis

From our correspondent in Washington, Guillaume Naudin « This part of the crisis is over “. Jamie Dimon, the boss of JP Morgan was rather optimistic Monday, May 1 after the takeover by his bank of what remained of First Republic after the bankruptcy, the third of an American bank in a month. This convinced … Read more

IMF Review Director Predicts Sustained Wage Growth with Japan’s YCC Policy

Ranil Salgado, director of the International Monetary Fund (IMF)’s review of Japan, said on the 15th that the Bank of Japan’s Yield Curve Control (YCC) is expected to lead to a sustained rise in domestic wages. said there may be room to tweak the long-term interest rate target later this year. Pictured is Kazuo Ueda, … Read more

“Ecuador in Talks with IMF for Aid and Reconstruction Funds Amidst Multiple Challenges”

Economy Ecuador currently has three very complex flanks open. The Andean country has been hit by insecurity, political tensions and in recent times also by different natural disasters. And precisely to finance reconstruction and aid plans, Ecuador is in talks with the International Monetary Fund to obtain resources.

Indonesia’s finance minister, Sri Mulyani Indrawati, remains optimistic about the country’s economic growth, despite a decline in exports.

Indonesia’s Finance Minister, Sri Mulyani Indrawati, is optimistic that the country will maintain economic growth of around 5%, despite a downturn in exports. Speaking to Bloomberg News, Indrawati said that she anticipates that government stimulus measures, as well as the country’s vibrant domestic economy, will be sufficient to maintain growth. Indonesia has seen its economy grow … Read more

World Bank Loans to Ukraine Result in Decrease of Aid to Other Countries, Says Russian Representative

https://sputniknews.lat/20230414/el-representante-ruso-ante-bm-denuncia-descenso-de-ayuda-a-otros-paises-por-prestamos-a-kiev-1138135771.html The Russian representative to the World Bank denounces a decrease in aid to other countries due to loans to kyiv The Russian representative to the World Bank denounces a decrease in aid to other countries due to loans to kyiv WASHINGTON (Sputnik) – The increase in loans to Ukraine by the World Bank (WB) … Read more

World Bank president calls Russia’s detention of WSJ journalist a “shameless act”

World Bank President Malpass said on Thursday that Russia’s detention of Wall Street Journal reporter Evan Gershkovic was a “shameless act” and called it essential, including for the journalist’s safety. accused of infringing on the freedom of the press. World Bank President Malpass attends the Reuters Next event in New York City in December 2022. … Read more

‘US aims for tangible results in the fields India is keen on addressing’ | Latest News from India – Times of India

The United States has expressed its desire for concrete outcomes in areas that India is keen to deliver. The two countries have long-standing diplomatic ties and have committed to strengthening their strategic partnership in various fields. In this article, we explore the areas where the US wants to see tangible results and examine how India … Read more

The World Bank and Ministry of Finance have agreed to contract earthquake insurance, confirms official statement.

During this day, the Ministry of Finance confirmed the hiring of the earthquake insurance together with the World Bank —through the International Bank for Reconstruction and Development—, whose objective is to cover the financial impact of this type of high-intensity event. The cost of the insurance contracted with the world Bank has a coverage of … Read more

A loan from the World Bank to support private Sri Lankan banks

Our readers are Telegram users You can now follow the latest news for free through the Telegram applicationClick here to subscribe Colombo: The World Bank provided a lifeline to three private banks in Sri Lanka suffering from bankruptcy on Monday, as it loaned them $400 million to finance the import of basic foodstuffs and medicines … Read more