World stocks slipped below the six-month high they reached earlier this week as U.S. President Donald Trump threatened more tariffs against the European Union, though the prospect of European Central Bank largesse kept them from ...
Speaking at a high-level dialogue in Washington D.C. on the sidelines of the World Bank-IMF Spring meetings, the President of the African Development Bank, Akinwumi Adesina, said “It is time to turn around the declining investments of the U.S. ...
The African Development Bank Group hosted 11 sister institutions for the annual multilateral development bank (MDB) roundtable on trust funds and co-financing, held on 28-29 March, 2019. The aim of the roundtable was to enhance ...
The World Bank has cut its growth forecast for Sub-Saharan Africa for the year to 2.8 per cent from an initial 3.3 per cent, it said on Monday. In its latest report on the regional ...
The Executive Directors of the World Bank on Friday unanimously selected David Malpass as President of the World Bank Group for a five-year term, beginning on Tuesday, April 9. The World Bank in a press ...
Oil prices declined on Friday with Brent slipping away from the 70 dollars mark reached the previous day, but both main contracts were set for weekly gains due to mounting geopolitical risks. Brent crude futures ...
Oil prices slipped a second day on Thursday with Brent edging down further from the 70 dollars mark after weekly U.S. oil data showed a surprise build in crude inventories and record production. Brent futures ...
Global demand for gold in 2019 will rise to the highest in four years as higher consumption by jewelers offsets a fall in purchases by central banks, an industry report said on Monday. The world ...
Oil prices rose on Friday amid the ongoing OPEC-led supply cuts and U.S. sanctions against Iran and Venezuela, putting crude markets on track for their biggest quarterly rise since 2009. U.S. West Texas Intermediate (WTI) ...
Oil prices climbed on Tuesday, pushed up by supply cuts led by producer club, OPEC, and U.S. sanctions against Iran and Venezuela, although concerns about a potential recession kept markets from rising further. Brent crude ...
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