Pope Francis has been promoting Jubilee 2025, which began in December, as a year of spiritual renewal for the people of God, but he has also connected this jubilee year with a call for debt ...

Allison Schrager is a Bloomberg Opinion columnist covering economics. A senior fellow at the Manhattan Institute, she is author of “An Economist Walks Into a Brothel: And Other Unexpected Places to ...

The U.S. global trade war is threatening to close the door on an era of free trade that had opened new opportunities for the developing world. In Indonesia and elsewhere, export manufacturing helped ...

While the world pushes for clean energy, developing economies still rely on fossil fuels, and without major financing, the transition will remain unequal and out of reach. According to Greenpeace, one ...

PARIS, June 26, 2025—The World Bank Group and the International Atomic Energy Agency (IAEA) sealed an agreement today to work together to support the safe, secure and responsible use of nuclear energy ...

Rising volatility is reflected in the fears of executives in different countries around the world. In the developed world, economic downturn is the most commonly cited fear. In contrast with the ...

In a speech on April 23rd America’s treasury secretary, Scott Bessent, laid out the Trump administration’s vision for the global financial system. Rather than announcing that America was leaving the ...

WASHINGTON, June 10, 2025—Heightened trade tensions and policy uncertainty are expected to drive global growth down this year to its slowest pace since 2008 outside of outright global recessions, ...

Economic uncertainty, intra-state conflict, and climate risks are rising around the world. Many global risks are reflected in the national-level fears of business leaders around the world. Economic ...

of bonds backed by loans it gave companies across the developing world, part of its efforts to lure more institutional investors to regions where borrowers have a harder time raising cash. The ...