News from Around the Web

Bloomberg, Mar 21 2017:

World Bank President Jim Yong Kim said it’s important the U.S. vote to replenish the development lender’s capital even after President Donald Trump proposed slashing foreign aid.

“For us to...

The Wall Street Journal, Mar 21 2017:

BEIJING—China faces mounting financial risk even as an innovation drive aimed at rebalancing the economy away from low-value manufacturing falls short, according to a report by the Organization...

Wall Street Journal, Mar 19 2017:

BADEN-BADEN, Germany—World finance chiefs struggled during a weekend of tense talks to find common ground on boosting trade in a global economy that is finally showing faint signs of momentum. U.S...

Reuters, Mar 17 2017:

World stocks perched near a record high on Friday after a week when most of the world's biggest economies either raised rates, or signaled hikes, in a strong sign of confidence about global growth...

Devex, Mar 16 2017:

President Donald Trump’s first budget proposes 28 percent cuts to the United States Agency for International Development and the State Department and recommends slashing funding to the United...

The Economist, Mar 15 2017:

THE Trump administration is mulling significant reductions in the budgets of the State Department and the United States Agency for International Development—perhaps by as much as 37%. Polling...

The New York Times, Mar 13 2017:

Puerto Rico, reeling from a debt crisis lasting more than a year, reached an agreement Monday that should set the stage for meaningful talks with its creditors, who hold more than $70 billion of...

Bloomberg, Mar 13 2017:

The trade talks on steel imports were dragging on, and Robert Lighthizer didn’t care for the Japanese offer. So he folded it into a paper airplane and launched it across his desk at Japan’s lead...

Bloomberg, Mar 10 2017:

Prime Minister Theresa May was served a series of reminders about how tough the European Union plans to be in the looming Brexit negotiations.

From Berlin to Brussels, interviews and leaked...

Reuters, Mar 9 2017:

LONDON, March 9 (IFR) - The World Bank has raised its first bond linked to the United Nations’ Sustainable Development Goals as it looks to help a global effort to end poverty, tackle climate...

Devex, Mar 8 2017:

Christine Lagarde, head of the International Monetary Fund, has said women’s participation in the economy is of “macroeconomic” importance to nearly all countries and will be a key strategy for...

The New York Times, Mar 3 2017:

President Trump’s advisers and allies are pushing an ambitious idea: Remake American trade.

They are considering sweeping aside decades of policy and rethinking how the United States looks...

Bloomberg, Mar 5 2017:

After decades of dismantling barriers, Europe is finding free trade comes with political tariffs. For all the focus on the backlash against migrant workers, research by two academics shows the...

Reuters, Mar 3 2017:

U.S. stocks were marginally up on Friday, as investors focused on Federal Reserve Chair Janet Yellen's speech for clues on the possibility of an interest rate hike later this month.

Six of...

The New York Times, Mar 2 2017:

The stock market reached yet another new high on Wednesday, the latest development to make a mockery of what savvy economic commentators thought they knew about the world. Consider how things...

The Wall Street Journal, Feb 28 2017:

WASHINGTON—The Trump administration is proposing deep cuts in U.S. diplomatic and foreign-aid funding while dramatically increasing defense expenditures, a bid to fundamentally shift the emphasis...

Devex, Feb 27 2017:

For many years, public-private partnerships have been promoted by governments and financial institutions as a way to pay for development projects such as roads, schools and hospitals.

Financial Times, Feb 27 2017:

The Trump administration is exploring alternatives to taking trade disputes to the World Trade Organisation in what would amount to the first step away from a system that Washington helped to...

The Economist, Feb 24 2017:

DESPITE its vote to leave the European Union, plenty of Europeans still seem keen to move to Britain: in eastern European cities such as Kiev and Chisinau leaflets promising “English visas” still...

The Wall Street Journal, Feb 21 2017:

WASHINGTON—U.S. Treasury Secretary Steven Mnuchin urged the International Monetary Fund to use its surveillance powers to police the exchange-rate policies of its members, part of the Trump...