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LN24 > Blog > IMF and World Bank
11
Oct

World Bank in Talks with 40 Countries Over Crisis Aid as Global Economic Pressures Mount

  • LN24 / 2 weeks
  • 0
  • 3 min read

The World Bank is in discussions with between 30 and 40 countries about potential emergency financial assistance as rising energy and fertiliser prices, high borrowing costs and climate risks intensify economic pressures on developing nations. World Bank President Ajay Banga told Reuters that the institution was prepared to provide support as countries grapple with the […]

Markets Rally as U.S. Treasury Secretary Signals Potential ‘Big Deal’ With China
24
Apr

Markets Rally as U.S. Treasury Secretary Signals Potential ‘Big Deal’ With China

  • LN24 / 2 years
  • 0
  • 2 min read

WASHINGTON, D.C. – April 24, 2025 — U.S. stocks surged Wednesday following optimistic remarks from Treasury Secretary Scott Bessent, who suggested that a major breakthrough in U.S.-China trade relations could be on the horizon. Speaking at an international economic forum, Bessent said he believes there is a real opportunity for a “big deal” with China, […]