The US will demand that the International Monetary Fund and World Bank reverse “mission creep”, retreating from commitments to tackling social issues and climate change, said Scott Bessent, US ...

Treasury Secretary Scott Bessent has assailed the International Monetary Fund and the World Bank even as he tries to reassure ...

The Indus Waters Treaty, signed in 1960 and brokered by the World Bank, is one of the world’s most durable international ...

The IMF’s world trade uncertainty index is currently 7 times higher than it was in October 2024, much higher than in the ...

Treasury Secretary Scott Bessent argued in a speech that the multilateral economic institutions have veered away from their ...

It devotes disproportionate time and resources to work on climate change, gender, and social issues,” Bessent said.

The World Bank on Wednesday cut its 2025 economic growth forecast for Latin America and the Caribbean to 2.1% from its ...

U.S. markets opened with big gains and clear signs of relief after President Donald Trump said he would not attempt to fire ...

U.S. Treasury Secretary Scott Bessent said on Wednesday that International Monetary Fund Managing Director Kristalina ...

Treasury Secretary Scott Bessent called for a course correction for the International Monetary Fund and World Bank, while ...

Treasury Secretary Bessent on Wednesday encouraged the World Bank to invest in gas and fossil fuels. "The World Bank must be tech neutral and prioritize affordability in energy investment. In most ...

WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent on Wednesday called on the International Monetary Fund and World ...