World Bank Courts Private Financing Amid Global Debt Burden

New York Times - Sep 17, 2026

The World Bank president, Ajay Banga, has worked to make the development institution a magnet for private capital as donor nations face budget constraints.

Read full article

More News

Sep 17, 2026

The Documentary

Katy Watson explores Australia's relationship with China - partner, rival or 'frenemy'?

Sep 17, 2026

US interest rates raised for first time in three years

Rates were hiked in a unanimous decision despite fierce opposition from President Donald Trump, who had called for a cut.

Sep 17, 2026

Why Trump's hand-picked Fed chair defied him by raising interest rates

The 0.25% increase comes despite fierce opposition from the US president, who has called for rates to be cut.

Sep 17, 2026

EU chief backs plan for Canada to become 'associate member'

Trump, who has frequently clashed with Canada's PM, threatens to cut trade with the European Union in response to the proposal.

Sep 16, 2026

Snapchat open to putting time limits on teens, boss tells BBC

Evan Spiegel says it would be "an important step forward for the industry" in an interview with the BBC.

Sep 16, 2026

Would you buy branded clothing from your favourite tech firm?

Nvidia, OpenAI and Anthropic are all now selling their own limited edition fashion lines.

Sep 16, 2026

US Fed hikes rates for first time since 2023 as inflation stays sticky

Sep 16, 2026

Watch: How will higher interest rates impact US consumers?

The BBC's Samira Hussain looks at the factors considered in the increase by the Federal Reserve and what it could mean for the US economy.

Sep 16, 2026

Inside Singapore's 'Fort Knox' for city's $2bn dirty money auction

The BBC goes inside a fortified storage facility to view luxury goods seized by police that are now up for auction.

Sep 16, 2026

Trump Ally Harold Hamm Strikes Venezuela Oil Deal

Mr. Hamm’s company, Continental Resources, has signed a preliminary deal with Venezuela’s state-owned oil company to develop and produce oil.

Sep 16, 2026

Takeaways From the Fed’s Decision to Raise Interest Rates

Kevin M. Warsh, the Federal Reserve chairman, said the bank acted to fight inflation that ‘is too high and has been for too long.’

Sep 16, 2026

The Quiet Way A.I. Is Hitting the Work Force

Lower wage growth and slower hiring in some sectors may be the result of artificial intelligence, especially for younger workers.

Sep 16, 2026

The World Economy Is Becoming Wary of the U.S.

America’s position of global economic stability is starting to look shakier as the Trump administration piles on debt and doubles down on sanctions.

Sep 16, 2026

Why the Fed Might Raise Interest Rates When Borrowing Costs Are Surging

Elevated interest rates have raised the cost of mortgages and car loans without dampening consumer spending.

Sep 16, 2026

Outkick Moves Past Its Clay Travis Era

Fox is revamping the sports site following the exit of its founder, Clay Travis. It’s hiring a writer who resigned from The Seattle Times over a column about transgender athletes.

Sep 16, 2026

Billions in Taxes Go Unpaid. Under Trump, the I.R.S. Won’t Say How Much.

The absence of the annual estimate on the tax gap could make it more difficult to assess whether more taxes are going unpaid since President Trump took office.

Sep 16, 2026

Bessent and Warsh Take On the Bond Bears

The Treasury secretary and the Federal Reserve chairman face similar tests: calming investors’ growing worries about inflation and deficits.

Sep 16, 2026

Global Oil Prices Could Hit Highest Levels in Months After Saudi Pipeline Attacks

Prolonged restrictions on exports could push oil prices even higher.

Sep 16, 2026

Henry Zeffman: Andy Burnham and his chancellor have a battle on their hands as the Budget approaches

The Budget is only six weeks away and the economy is undoubtedly the biggest challenge facing the prime minister.

Sep 16, 2026

Petrol and diesel price rises push UK inflation higher

Summer holidays and disruption to global oil supplies by the Middle East conflict stoked price growth.

Sep 16, 2026

Burnham rejects 'tax and spend socialist' comments

The prime minister insists he is prepared to take "difficult decisions" at next month's Budget.

Sep 16, 2026

Fed Meeting Is a Big Moment for the Bond Market

If the Fed opts against raising interest rates on Wednesday, investors will probably increase their forecasts for inflation, injecting new turmoil into the government bond market.

Sep 16, 2026

What's driving UK 'shoplifting crisis'?

The number of shoplifting offences recorded in England and Wales in 2025-26 is still above pre-pandemic levels.

Sep 16, 2026

Hong Kong's first five-year plan: Key economic and trade priorities

The Hong Kong Special Administrative Region has unveiled its first five-year plan for economic and social development (2026-2030) on Wednesday.

Sep 16, 2026

Graphics: What stood out in China's economy in August?

Sep 16, 2026

Witness the Pinglu Canal open to navigation!

The Pinglu Canal opens a faster gateway to the sea for China's Guangxi Zhuang Autonomous Region and southwest China's cargo.

Sep 16, 2026

Chinese films seek a bigger stage in North America

Chinese films are gaining momentum in overseas markets, with North America emerging as an important testing ground for their global appeal.

Sep 16, 2026

Hong Kong's first five-year plan signals a new path for future growth

The release of Hong Kong's first five-year plan marks an important milestone in the city's development. By building on its existing strengths and creating new opportunities through planning and innovation, the city can strengthen its competitiveness in a changing global environment.