G-7 pledges to fight new coronavirus risks
G-7 finance chiefs vowed to safeguard their economies from the coronavirus outbreak, but did not offer specifics about what they might be prepared to do.
World Bank Group
Founded in 1944, the Washington-based World Bank Group provides financial and technical assistance to developing countries around the world. Its mission is to fight poverty and to help people help themselves and their environment.
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Bond for financing development shows confidence in organizations
The World Bank's benchmark bond was set at its tightest spread to U.S. treasuries in the organization's history.
World Bank warns of crippling debt accumulation among 100 countries
Historically low global interest rates fueled the debt run-up but lowered the immediate risk of another financial crisis.
Poor nations focus of global refugee forum expected to raise billions
As financial help for refugees lags, some leaders have raised concerns that insufficient resources can destabilize regions.
Gavi approves new Ebola vaccine global emergency stockpile
The global health partnership said the stockpile will provide free vaccines to nations with low to modest incomes.
World Bank and IMF caution on slowing growth in global economy
Leaders of the financial institutions called on 189 member nations for help in easing trade and geopolitical tensions.
World Bank and IMF accent small island nations at their fall meetings
The economic outlook challenges countries already struggling with climate change, trade wars, and geopolitical tensions.
Georgieva starts in new post as chief of the International Monetary Fund
Bulgarian economist Kristalina Georgieva emphasized the IMF must deal with inequality, climate risk, and technology.
AfDB 'getting out of coal' with no more financing for fossil fuel energy
The African Development Bank Group says it will no longer support '19th century technologies' like coal and oil.
U.N. push for carbon neutrality gains ground but not a majority
At a U.N. summit, 77 nations committed to 'net zero' carbon emissions and 70 simply promised stronger climate actions.
Nations adopt goal of achieving universal health coverage by 2030
The U.N. General Assembly called for all nations to work towards enabling affordable, quality health services for all.
IMF forecasts hit to global GDP from Trump's trade war with China
Tariffs imposed or threatened by the U.S. and China could reduce global economic output by 0.8% in 2020.
CITES tightens rules to protect wildlife trade on dozens of species
The summit is held once every three years to examine protections for wild animals and plants traded internationally.
Facebook money and organization planned around digital currency
The social network's proposed Libra cryptocurrency is to be managed by a new Libra Association in Geneva.
Queen reminds Trump of the importance of multilateral virtues
The British monarch touted global institutions the U.K. and U.S. helped create after World War II — to prevent a third one.
China tries to ease debt trap worries about its 'Belt and Road' program
Despite fears about being weighed down with too much debt, developing nations embraced the infusion of Chinese cash.