Lender’s International Development arm plans to stretch its balance sheet with greater leverage
US contribution under Biden sets up potential battle in the new Congress next year
Swap deal to buy back bonds issued in January comes as African borrowers struggle under expensive debt burdens
Multilateral institutions must help these countries find the money to stave off climate change
Political instability and meagre investment hobble large parts of the world
Officials fear rules-based order is under threat as race for US presidency enters final days
A window into the development bank’s meeting in Washington this week
Debt-burdened country demonstrates how not to tackle the massive rebuild from extreme climate events
The multilateral organisations are not providing the finance the developing world needs
As global co-operation wilts, the twins must adapt to new realities
It’s unrealistic to imagine investors will massively increase their contribution to developing-country infrastructure
With the world in fresh crisis, bold action is again needed from the IMF and World Bank
William Ruto is latest president of developing country caught between multilateral lenders and angry population
A system established in the middle of the last century must be reinvented to deal with the risks of this one
Call comes as continent’s leaders push for $120bn in aid to boost development and battle climate change threat
The elimination of extreme poverty is slipping from our grasp
Sharp falls in commodities are unlikely to continue, says lender, making it harder for central banks to cut interest rates
Contributions will boost lending to poorer countries as pressure grows
Growth is picking up in the short term, but fears are mounting of a stagnant decade, with bleak political consequences
Also in today’s newsletter, a new tax task force kicks off, and the Net-Zero Asset Owner Alliance widens its scope
All borrowers are equal, but some . . .
Rich nations need to top up financing for multilateral institutions and initiatives
Also in this newsletter: new chip boost for Biden, dividends bonanza at water companies, bumper profits at Goldman
Change is afoot at the international financial institution as delegates gather for the Spring meetings in Washington
World Bank becomes focal point for efforts to raise up to $9tn a year to fight global warming
