“Catastrophe” Bond Market Headed for Major Surge in Issuance
The market for catastrophe bonds, one of this year’s best-performing debt classes, is about to see a significant
2023-10-24 20:47
EU Green Goals Set to Cost Romania $356 Billion
Romania needs to spend a massive $356 billion by 2050 to meet the European Union’s carbon-neutral targets, a
2023-10-24 18:19
Egypt Is Courted on All Sides as Pivotal to Gaza Refugees’ Fate
The war between Israel and Hamas has turned the spotlight on Egypt’s role as a regional powerbroker, potentially
2023-10-22 03:54
COP28 Countdown Heats Up as Countries Spar Over Loss and Damage
COP28 is just six weeks away and countries are already trading blows over what is likely to be
2023-10-20 02:15
Carbon Pricing Efforts Accelerate in Asia on Mounting Green Push
Asia is emerging as the key catalyst for growth in carbon trading, though the region’s markets currently cover
2023-10-19 12:57
Embattled Transnet Seeks South Africa’s Support to Turnaround
South Africa’s embattled state-owned freight-rail and ports company identified areas that require immediate state support in a turnaround
2023-10-16 14:59
War Adds Risks to Indebted, Expensive and Fractured World
A world economy struggling with record debt, expensive credit and increasingly dysfunctional or inadequate institutions now faces new
2023-10-15 22:27
World’s Higher-for-Longer Rate Era Stokes Worry
Now that the higher-for-longer interest-rate era has arrived, global finance officials are getting worried about the consequences. Rising
2023-10-14 21:16
Funding Women and Child Health Key to African Equity, GFF Says
As lower-income countries grapple with declines in maternal and child well-being, the Global Financing Facility plans to secure
2023-10-13 13:55
World Bank’s New Chief Says Institution Must Be Bigger, Better
Ajay Banga, the World Bank’s new president, said the lender must become bigger as well as better at
2023-10-11 17:58
Yellen Resists Pressure for Reform of IMF Voting Shares
US Treasury Secretary Janet Yellen showed little willingness to embrace reforms at the International Monetary Fund that would
2023-10-10 23:28
Morocco Pushes to Lose Junk Credit Rating, Finance Minister Signals
Morocco is lobbying to regain an investment-grade credit score from S&P Global Ratings, vowing to keep its budget
2023-10-10 19:57