Tag: Development banking
Cash-strapped Sudan clears overdue payments to World Bank
CAIRO — The Sudanese government said Friday it cleared all of its overdue payments to the World Bank, a move that gives the highly-indebted...
Cyber attack tied to China boosts development bank’s chief
MIAMI — The cyberattack crested just as finance officials from across Latin America were descending on Washington to commemorate the 60th anniversary of the...
G7 suggest boosting IMF reserves to help vulnerable nations
LONDON — The Group of Seven leading industrial nations on Friday proposed bolstering the International Monetary Fund's reserves for the first time since 2009,...
Greece issues 30-year bond to smooth debt costs
ATHENS, Greece — Greece on Wednesday launched a 30-year government bond auction, hoping to take advantage of low interest rates to improve its debt...
Lebanese parliament approves World Bank loan to help poor
BEIRUT — Lebanon’s parliament on Friday approved a $246 million loan from the World Bank that would provide cash assistance for more than 160,000...
Chinese loans to Latin America plunge as virus strains ties
MIAMI — It seemed like a match made in finance heaven.
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