WASHINGTON, April 23 (Reuters) - U.S. Treasury Secretary Scott Bessent said on Wednesday that he believes that excessively ...

The US Treasury secretary says the IMF and World Bank have deviated from their purpose. Also: The US issues Ukraine with an ultimatum, and proof that a Roman gladiator in Britain was bitten by a lion.

Lebanon is seeking international support to cover an estimated $11 billion in reconstruction costs, as its government ...

Secretary of State Marco Rubio and White House envoy Steve Witkoff will not attend high-level meetings in London aimed at ...

Treasury Secretary Scott Bessent critiques the World Bank and IMF, emphasizing the need for deeper US collaboration in global finance. Urging mutual respect among trade partners, Bessent supports the ...

The Dow Jones advanced after Trump said he wouldn't fire Fed Chair Jerome Powell and on hopes of easing tensions over tariffs with China.

In its latest Fiscal Monitor briefing, the International Monetary Fund warned that escalating global uncertainty from rising ...

Treasury Secretary Scott Bessent said President Trump will not reduce tariffs on China without an agreement by both ...

The Bank of Japan is likely to push back the timing of further interest rate hikes as uncertainty triggered by U.S. tariffs ...

The economy has continued to perform strongly. Real GDP growth was robust at 6.5 percent in 2024, supported by strong domestic demand. The external current account deficit narrowed by 2.6 percentage ...

Treasury Secretary Scott Bessent has played a balancing act trying to reassure nervous investors that the U.S. would maintain ...

The Global Sovereign Debt Roundtable, co-chaired by the IMF, World Bank, and South Africa, is striving to address mounting ...