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World Bank: Nigeria Loses $8B on Foreign Exchange Subsidies Over 3 Years

World Bank: Nigeria Loses $8B on Foreign Exchange Subsidies Over 3 Years

The World Bank acknowledges the suffering caused by the government's policies but insists they are necessary for long-term economic benefits.read more

BRICS Bank Offers Zimbabwe Escape From IMF Debt Traps, Says Professor

BRICS Bank Offers Zimbabwe Escape From IMF Debt Traps, Says Professor

US Share of World Economy Projected to Reach Historic Low

US Share of World Economy Projected to Reach Historic Low

Group Urges Nigeria to End Naira Float, Reinstate Subsidies

Group Urges Nigeria to End Naira Float, Reinstate Subsidies

Ethiopian Premier Defends Currency Float Decision, Rejects Devaluation Claims

Ethiopian Premier Defends Currency Float Decision, Rejects Devaluation Claims

Russian Diplomat: El Salvador Proposes Settling Trade With Crypto

Russian Diplomat: El Salvador Proposes Settling Trade With Crypto

Ethiopia’s Birr Falls 30% After Currency Float; Forex Surrender Requirements Scrapped

Ethiopia’s Birr Falls 30% After Currency Float; Forex Surrender Requirements Scrapped

BRICS Poised to Dominate World Bank and IMF, Says Russian Executive Director

BRICS Poised to Dominate World Bank and IMF, Says Russian Executive Director

World Bank to Issue CHF Digital Bond Settled Using Swiss Franc Central Bank Digital Currency

World Bank to Issue CHF Digital Bond Settled Using Swiss Franc Central Bank Digital Currency

UN Secretary General Antonio Guterres Calls for Reform of 'Outdated, Dysfunctional, and Unfair' Global Financial Architecture

UN Secretary General Antonio Guterres Calls for Reform of 'Outdated, Dysfunctional, and Unfair' Global Financial Architecture

Local Currencies Are Not Alternatives to the Dollar but the System, BRICS Bank Chair Says

Local Currencies Are Not Alternatives to the Dollar but the System, BRICS Bank Chair Says

Algeria Readies $1.5B BRICS Bid: Major Move for Membership in the Cards?

Algeria Readies $1.5B BRICS Bid: Major Move for Membership in the Cards?

Yellen Champions Ukraine Support as ‘Single Best Thing We Can Do for the Global Economy’ Ahead of G20 Summit

Yellen Champions Ukraine Support as ‘Single Best Thing We Can Do for the Global Economy’ Ahead of G20 Summit

Nigeria-China Currency Swap: Activist Lawyer Accuses IMF and World Bank of ‘Economic Sabotage’ to Promote US Dollar, Urges Nigeria to Join BRICS

Nigeria-China Currency Swap: Activist Lawyer Accuses IMF and World Bank of ‘Economic Sabotage’ to Promote US Dollar, Urges Nigeria to Join BRICS

India Seeks Common Crypto Framework for All Countries to Deal With 'Many Collapses and Shocks in Cryptocurrencies'

India Seeks Common Crypto Framework for All Countries to Deal With 'Many Collapses and Shocks in Cryptocurrencies'

Report: Somalia to Fight Inflation and Counterfeiters With New Banknotes

Report: Somalia to Fight Inflation and Counterfeiters With New Banknotes

World Bank Report Forecasts Bleak Global Economic Outlook, Citing ‘Adverse Developments’ and ‘Long-Lasting Slowdown’

World Bank Report Forecasts Bleak Global Economic Outlook, Citing ‘Adverse Developments’ and ‘Long-Lasting Slowdown’

Report: Morocco Central Bank Governor Says Crypto Draft Law Now 'Ready'

Report: Morocco Central Bank Governor Says Crypto Draft Law Now 'Ready'

Dollar Loses to Digital Currencies in 2023, Former Russian President Medvedev Says

Dollar Loses to Digital Currencies in 2023, Former Russian President Medvedev Says

Strike Launches Bitcoin Lightning Network-Enabled Money Transfers to Africa

Strike Launches Bitcoin Lightning Network-Enabled Money Transfers to Africa

Remittances to Low and Middle Income Countries in 2022 Up by 5% to $626 Billion — Latest World Bank Report

Remittances to Low and Middle Income Countries in 2022 Up by 5% to $626 Billion — Latest World Bank Report

Eswatini Central Bank Partners With German Firm to Explore CBDC

Eswatini Central Bank Partners With German Firm to Explore CBDC

Lebanon Ponzi Finance: World Bank Says Politicians Are to Blame for the 'Deliberate Depression'

Lebanon Ponzi Finance: World Bank Says Politicians Are to Blame for the 'Deliberate Depression'

Report: Morocco's Central Bank to Unveil Crypto Regulation Bill Soon

Report: Morocco's Central Bank to Unveil Crypto Regulation Bill Soon

Deutsche Bank Expects Sooner, More Severe US Recession as the Fed Takes 'Aggressive Hiking Path'

Deutsche Bank Expects Sooner, More Severe US Recession as the Fed Takes 'Aggressive Hiking Path'

World Bank Warns of Global Recession, Stagflation — 'This Is the Sharpest Slowdown in 80 Years'

World Bank Warns of Global Recession, Stagflation — 'This Is the Sharpest Slowdown in 80 Years'

World Bank Predicts 3% Gold Price Growth, Expert Says a $3K per Ounce 'Is More Likely Than Not'

World Bank Predicts 3% Gold Price Growth, Expert Says a $3K per Ounce 'Is More Likely Than Not'

Indian Government Consulting With IMF, World Bank on Crypto Policy

Indian Government Consulting With IMF, World Bank on Crypto Policy

Report: Morocco Central Bank Discusses Crypto Regulation Best Practices With IMF and World Bank

Report: Morocco Central Bank Discusses Crypto Regulation Best Practices With IMF and World Bank

Russian Diplomat: El Salvador Proposes Settling Trade With Crypto

Russian Diplomat: El Salvador Proposes Settling Trade With Crypto

Ethiopia’s Birr Falls 30% After Currency Float; Forex Surrender Requirements Scrapped

Ethiopia’s Birr Falls 30% After Currency Float; Forex Surrender Requirements Scrapped

BRICS Poised to Dominate World Bank and IMF, Says Russian Executive Director

BRICS Poised to Dominate World Bank and IMF, Says Russian Executive Director

World Bank to Issue CHF Digital Bond Settled Using Swiss Franc Central Bank Digital Currency

World Bank to Issue CHF Digital Bond Settled Using Swiss Franc Central Bank Digital Currency

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