Romania remained among the world's high-income countries in 2024, a group it entered in 2019, according to a ranking by the ...

Brazilian President Luiz Inácio Lula da Silva Sunday criticized the role of the International Monetary Fund (IMF) and the ...

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

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

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