World Bank

The main protagonists in the current currency skirmishes are the United States and China but developing economies are caught in the crossfire as governments talk of competitive devaluation...

The World Bank is looking for new printers following its decision to bar publishers Macmillan from all Bank contracts for six years. This follows the admission by a...

A faint self-congratulatory whiff of a 'great depression averted' wafted through the annual meetings of the International Monetary Fund and World Bank in Istanbul, Turkey, on 4-5 October....

This year, the World Bank group lent a record US$59 billion, a 54% increase over last year. In Africa, the Bank increased its new commitments by 45% over...

World Bank President Robert Zoellick is 'confused if not frustrated', according to his officials, by threats from Britain's Minister for International Development, Douglas Alexander, to block fresh capital-raising...

It was the International Monetary Fund’s show in Washington. International finance ministers agreed to proposals to reshape the Fund, widen its mission and speed up plans to give...

No one agrees about how much the global financial crisis is costing Africa, but all the international financial institutions agree that the continent needs its own fiscal stimulus...

Claims that the World Bank’s Vice-President for Integrity and former head of South Africa’s Scorpions anti-corruption unit, Leonard McCarthy, used his position to pursue political vendettas against African...

Africa’s economies will lose momentum as the effects of the global credit crisis work through the international system – but the damage will be less severe than in...

The International Monetary Fund’s latest World Economic Outlook downgrades global growth to 3.7% real GDP growth in 2008, while Africa is forecast to grow at 6.5%, pulled up...