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Treasury Secretary Bessent Accuses IMF And World Bank Of "Mission Creep"
Treasury Secretary Scott Bessent spoke Wednesday to international economists attending IMF and World Bank spring meetings in Washington D.C. this week, telling them the Trump administration wants to overhaul these institutions to create a more "sustainable international economic system.
The Trump administration cannot determine the mission of the World Bank because the global lender's goals are based on ...
Treasury Secretary Scott Bessent argued in a speech that the multilateral economic institutions have veered away from their ...
After the Hamas attack on Oct. 7, 2023 ignited the devastating war in Gaza, a deadly new reality also took hold for ...
4hon MSN
Spiking trade uncertainty is compounding rising debt and sluggish growth problems facing emerging markets and developing ...
Treasury Secretary Scott Bessent said the U.S. remains committed to playing a leadership role in the IMF and World Bank but ...
The I.M.F. and World Bank are holding their spring meetings as President Trump’s trade war upends the global economy.
The World Bank's steering committee on Friday endorsed the lender's plans to explore options to expand energy access, ...
You need to negotiate trade systems with the U.S. at the earliest possible (opportunity),' Ajay Banga said. 'If you delay, it ...
The bank’s messaging on climate represents a delicate balancing act between the institution and the U.S., its largest ...
Treasury Secretary Bessent on Wednesday encouraged the World Bank to invest in gas and fossil fuels. "The World Bank must be ...
The World Bank has predicted that Nigeria may likely see a rise in the levels of poverty over the next two years despite a ...
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