-
4 Jul 16
The New Development Bank and the Asian Development Bank have signed a deal to cooperate on shared priorities including sustainable and inclusive development across Asia.
-
1 Jul 16
Brexit has put South Africa at higher risk of recession and is likely to trigger a downgrade in the country’s credit rating, intelligence group EXX Africa has concluded.
-
24 Jun 16
Directors of the new Asian Infrastructure Investment Bank have today approved financing for the organisation’s first four projects, worth half a billion US dollars in total.
-
24 Jun 16
Shockwaves from the UK’s vote to leave the European Union are reverberating throughout the global economy and politics this morning as the fallout of Brexit spreads across the world.
-
17 Jun 16
Vietnam has been urged to improve migrants’ access to public services by reducing the time it takes to obtain permanent residency.
-
14 Jun 16
Colombia has more than doubled its billion-dollar line of credit from the International Monetary Fund in the face of growing global economic risks.
-
8 Jun 16
The World Bank has cut its global growth forecasts for 2016 to 2.4%, from the already modest 2.9% it predicted in January.
-
7 Jun 16
The world is about to undergo a “transition to a new order” in global trade with the Asian and African regions accruing increasing power while Europe declines, a joint-report by the Dubai Multi...
-
3 Jun 16
Brazil’s economy has declined for the fifth consecutive quarter in what the finance ministry described as one of the deepest recessions in the country’s history.
-
1 Jun 16
The global economy is stuck in a “low-growth trap”, the OECD has warned, urging policymakers to act before they are forced to fall short on their promises made to entire generations of people.
-
1 Jun 16
India’s economy grew by 7.6% over the past year, retaining the country’s place as the fastest-growing major economy in the world, according to government data.
-
31 May 16
Mexico has secured an increased line of credit from the International Monetary Fund, worth around $20bn more than the previous arrangement.
-
16 May 16
Soaring demand for materials from developing and emerging countries means global resource consumption could double by 2050, the OECD has warned.
-
6 May 16
Nigeria’s president Muhammadu Buhari has signed this year’s controversial $30bn budget into law.
-
6 May 16
Falling productivity, low investment, and high migration are withholding central, eastern and southern European economies from returning to their pre-crisis potential, the International Monetary Fund...
-
3 May 16
The International Monetary Fund has warned that economic growth in sub-Saharan Africa will slow this year, and urged countries across the region to shore up their tax bases as revenues from exports...
-
28 Apr 16
Nigeria has urged the World Bank to help ensure the swift repatriation of $320m in stolen Nigerian funds currently being held in Switzerland.
-
25 Apr 16
India’s government seems “reluctant” to solve its affordable urban housing crisis, with luxury real estate and development projects prioritised over the housing needs of poorer people, a United...
-
19 Apr 16
China is by far the largest new international aid donor, accounting for 70% of non-traditional funds for some of the world’s poorest countries, a report by the UK’s Overseas Development Institute has...
-
14 Apr 16
Government deficits are now expected to climb above the levels observed at the beginning of the 2008-09 financial crisis, the International Monetary Fund has warned in its annual Fiscal Monitor.
-
13 Apr 16
The global economy is at risk of a fresh financial crisis the International Monetary Fund has warned in its Global Financial Stability Report, published today.
-
5 Apr 16
International Monetary Fund managing director Christine Lagarde has reiterated calls for a multifaceted approach to counter the weakening global economy amid warnings it is becoming stuck in a “new...
-
4 Apr 16
The fall in oil prices has “decimated” Nigerian government revenues and slashed the country’s GDP growth from 6.3% in 2014 to an estimated 2.7% last year, the International Monetary Fund has said.
-
31 Mar 16
China blazed ahead of the rest of the world in terms of investment in renewable energy last year, spending a total of $103bn, or 36% of the world total.
-
30 Mar 16
Growth across Asia and the Pacific is set to slow this year and next year as a result of a continued weak recovery globally and softer prospects for China, according to the Asian Development Bank.
4 Jul 16The New Development Bank and the Asian Development Bank have signed a deal to cooperate on shared priorities including sustainable and inclusive development across Asia.
1 Jul 16Brexit has put South Africa at higher risk of recession and is likely to trigger a downgrade in the country’s credit rating, intelligence group EXX Africa has concluded.
24 Jun 16Directors of the new Asian Infrastructure Investment Bank have today approved financing for the organisation’s first four projects, worth half a billion US dollars in total.
24 Jun 16Shockwaves from the UK’s vote to leave the European Union are reverberating throughout the global economy and politics this morning as the fallout of Brexit spreads across the world.
17 Jun 16Vietnam has been urged to improve migrants’ access to public services by reducing the time it takes to obtain permanent residency.
14 Jun 16Colombia has more than doubled its billion-dollar line of credit from the International Monetary Fund in the face of growing global economic risks.
8 Jun 16The World Bank has cut its global growth forecasts for 2016 to 2.4%, from the already modest 2.9% it predicted in January.
7 Jun 16The world is about to undergo a “transition to a new order” in global trade with the Asian and African regions accruing increasing power while Europe declines, a joint-report by the Dubai Multi...
3 Jun 16Brazil’s economy has declined for the fifth consecutive quarter in what the finance ministry described as one of the deepest recessions in the country’s history.
1 Jun 16The global economy is stuck in a “low-growth trap”, the OECD has warned, urging policymakers to act before they are forced to fall short on their promises made to entire generations of people.
1 Jun 16India’s economy grew by 7.6% over the past year, retaining the country’s place as the fastest-growing major economy in the world, according to government data.
31 May 16Mexico has secured an increased line of credit from the International Monetary Fund, worth around $20bn more than the previous arrangement.
16 May 16Soaring demand for materials from developing and emerging countries means global resource consumption could double by 2050, the OECD has warned.
6 May 16Nigeria’s president Muhammadu Buhari has signed this year’s controversial $30bn budget into law.
6 May 16Falling productivity, low investment, and high migration are withholding central, eastern and southern European economies from returning to their pre-crisis potential, the International Monetary Fund...
3 May 16The International Monetary Fund has warned that economic growth in sub-Saharan Africa will slow this year, and urged countries across the region to shore up their tax bases as revenues from exports...
28 Apr 16Nigeria has urged the World Bank to help ensure the swift repatriation of $320m in stolen Nigerian funds currently being held in Switzerland.
25 Apr 16India’s government seems “reluctant” to solve its affordable urban housing crisis, with luxury real estate and development projects prioritised over the housing needs of poorer people, a United...
19 Apr 16China is by far the largest new international aid donor, accounting for 70% of non-traditional funds for some of the world’s poorest countries, a report by the UK’s Overseas Development Institute has...
14 Apr 16Government deficits are now expected to climb above the levels observed at the beginning of the 2008-09 financial crisis, the International Monetary Fund has warned in its annual Fiscal Monitor.
5 Apr 16International Monetary Fund managing director Christine Lagarde has reiterated calls for a multifaceted approach to counter the weakening global economy amid warnings it is becoming stuck in a “new...
4 Apr 16The fall in oil prices has “decimated” Nigerian government revenues and slashed the country’s GDP growth from 6.3% in 2014 to an estimated 2.7% last year, the International Monetary Fund has said.
30 Mar 16Growth across Asia and the Pacific is set to slow this year and next year as a result of a continued weak recovery globally and softer prospects for China, according to the Asian Development Bank.
