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World Bank

US may lift more Venezuela sanctions next week, says Bessent

FILE PHOTO: U.S. Treasury Secretary Scott Bessent speaks during a press conference in Washington, D.C., U.S., December 17, 2025. REUTERS/Aaron Schwartz/File Photo
FILE PHOTO: U.S. Treasury Secretary Scott Bessent speaks during a press conference in Washington, D.C., U.S., December 17, 2025. REUTERS/Aaron Schwartz/File Photo

Sri Lanka cyclone caused $5b in damage, says World Bank

Floods and landslides caused by Cyclone Ditwah left extensive damage throughout Sri Lanka.
Floods and landslides caused by Cyclone Ditwah left extensive damage throughout Sri Lanka.

Syria's growth accelerates as sanctions ease, refugees return, central bank chief says

Abdul Kader AlHussrieh, Governor, Central Bank of Syria speaks via video link during the Reuters NEXT conference in New York City, U.S., December 4, 2025.  REUTERS/Brendan McDermid
Abdul Kader AlHussrieh, Governor, Central Bank of Syria speaks via video link during the Reuters NEXT conference in New York City, U.S., December 4, 2025.  REUTERS/Brendan McDermid

ADB, World Bank launch Pacific islands projects under new cofinancing model

The World Bank logo is seen at the 2023 Spring Meetings of the World Bank Group and the International Monetary Fund in Washington, U.S., April 13, 2023. REUTERS/Elizabeth Frantz
The World Bank logo is seen at the 2023 Spring Meetings of the World Bank Group and the International Monetary Fund in Washington, U.S., April 13, 2023. REUTERS/Elizabeth Frantz

Ireland's Donohoe resigns as finance minister and Eurogroup chief to join World Bank

FILE PHOTO: Ireland's Minister for Finance and  Eurogroup President Paschal Donohoe attends the European Union leaders' summit in Brussels, Belgium October 23, 2025. REUTERS/Yves Herman/File Photo
FILE PHOTO: Ireland's Minister for Finance and  Eurogroup President Paschal Donohoe attends the European Union leaders' summit in Brussels, Belgium October 23, 2025. REUTERS/Yves Herman/File Photo

While You Were Sleeping: 5 stories you might have missed, Nov 10, 2025

The director-general of Britain's BBC, Tim Davie, said his resignation was "entirely my decision".
The director-general of Britain's BBC, Tim Davie, said his resignation was "entirely my decision".

World Bank, in letter to US, backs draft UN resolution on Gaza

FILE PHOTO: A Palestinian youth walks past the rubble of destroyed buildings, amid a ceasefire between Israel and Hamas, in Gaza City, November 2, 2025. REUTERS/Mahmoud Issa/File Photo
FILE PHOTO: A Palestinian youth walks past the rubble of destroyed buildings, amid a ceasefire between Israel and Hamas, in Gaza City, November 2, 2025. REUTERS/Mahmoud Issa/File Photo

European countries back $2.5 billion initiative to protect Congo rainforest

People paddle along a small river on the way to the forest near Mbandaka, Democratic Republic of the Congo, April 02, 2019. REUTERS/Thomas Nicolon/File Photo
People paddle along a small river on the way to the forest near Mbandaka, Democratic Republic of the Congo, April 02, 2019. REUTERS/Thomas Nicolon/File Photo

US Treasury chief urges IMF, World Bank to take tougher line on China

US Treasury Secretary Scott Bessent ordered the IMF to embrace stronger surveillance of trade imbalances.
US Treasury Secretary Scott Bessent ordered the IMF to embrace stronger surveillance of trade imbalances.

Countries can build new trade links, resilience amid US tariffs and unpredictability: President Tharman

President Tharman Shanmugaratnam, speaking during a panel at the IMF headquarters on Oct 16, said there is an opportunity for Asian countries to reconfigure trade links.
President Tharman Shanmugaratnam, speaking during a panel at the IMF headquarters on Oct 16, said there is an opportunity for Asian countries to reconfigure trade links.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.