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LN24 > Blog > international finance
11
Oct

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

  • LN24 / 2 days
  • 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 […]

03
Sep

Trump Says G20 Finance Meeting Was “Very Productive and Positive”

  • LN24 / 1 month
  • 0
  • 2 min read

U.S. President Donald Trump has described the recently concluded G20 Finance Ministers and Central Bank Governors meeting in Asheville, North Carolina, as “very productive and positive,” praising Treasury Secretary Scott Bessent for representing the United States. The two-day meeting, held on August 31 and September 1 under the U.S. presidency of the G20, brought together […]

21
Jul

JPMorgan, Other U.S. Banks Set to Help Finance Japan’s $550 Billion U.S. Investment Plan

  • LN24 / 3 months
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  • 4 min read

Several of America’s largest financial institutions, including JPMorgan Chase, are expected to play a central role in financing Japan’s proposed $550 billion investment initiative in the United States, according to sources familiar with the matter. The ambitious plan is designed to strengthen economic ties between the two allies, boost strategic industries, and support large-scale infrastructure […]

09
Jul

Venezuela Appeals for Release of UK-Held Gold to Fund Earthquake Recovery

  • LN24 / 3 months
  • 0
  • 3 min read

Venezuela’s interim government has formally appealed to the United Kingdom to release billions of dollars’ worth of Venezuelan gold held in the vaults of the Bank of England, arguing the funds are urgently needed to support recovery efforts following the country’s devastating twin earthquakes. Acting President Delcy Rodríguez announced that she had sent a letter […]

Sri Lanka Restructures $931 Million Credit Lines with India Amid Economic Recovery Push
16
May

Sri Lanka Restructures $931 Million Credit Lines with India Amid Economic Recovery Push

  • LN24 / 1 year
  • 0
  • 2 min read

Sri Lanka has successfully restructured nearly $931 million in credit lines and buyers’ credit facility agreements with India, in a strategic move aimed at bolstering its fragile economy and strengthening bilateral ties with New Delhi. The announcement was made by Sri Lanka’s Finance Ministry following the conclusion of high-level talks during Indian Prime Minister Narendra […]