BRICS group to launch new guarantee fund through NDB to boost investment and lower financing costs, Reuters reports.

The nuclear renaissance has come to the World Bank, but obstacles still remain with regard to funding and liabilities.

At Brics bank meeting, Brazil’s Lula and Rousseff slam US-led financial order, but Chinese and Indian officials stress ...

Department of Data How America actually compares to other countries, and more! This week, we dive deep into new datasets from the World Bank and artificial intelligence researchers at Anthropic.

The 39 economies classified as facing conflict or instability are set to be home to 60% of those who live in extreme poverty ...

The memorandum of understanding (MoU) cements over a year of close collaboration between the two institutions and represents ...

The World Bank announced Wednesday that it will invest over $1.3 billion to improve the quality of life in three war-torn ...

The EU established the European Central Bank to handle monetary policy and set interest rate benchmarks for member countries, similar to the role of the U.S. Federal Reserve in the U.S.

The euro is a shared currency and monetary system launched in 1999 when 11 EU member countries irrevocably fixed their ... crisis in 2012 by saying that the central bank would do “whatever ...

Banga has worked to shift the bank's focus to look more at creation of jobs, underscoring a huge gap between the 1.2 billion young people poised to enter the workforce in developing countries over ...

The BRICS group of developing nations is set to announce a new guarantee fund backed by the New Development Bank (NDB) to lower financing costs and boost investment, two people familiar with the ...

The proposed BRICS Multilateral Guarantee (BMG) mechanism, incubated within the NDB, has received technical approval from ...