Ethiopian Central Bank Raises Rates for First Time in Two Years
Ethiopia’s central bank raised the nation’s benchmark interest rate for the first time since its introduction two years ago to rein in inflation as it removed a cap on credit…
Turkey Central Bank Sees July Inflation as Key for Rate Outlook
Turkey’s central bank wants to see more evidence of slowing inflation and clarity on the Iran conflict before resuming monetary easing, Governor Fatih Karahan has told investors.
How World Bank and IMF loans are reshaping policymaking in Africa
As debt pressures grow, African governments are reassessing the trade-offs of concessional financing.
A veterans organization has millions in the bank. Why did it seize a small chapter’s donation?
Editor’s note: This article first appeared on The War Horse, an award-winning nonprofit newsroom covering the human impact of military service, in partnership with The Sacramento Bee. It is republished…
World Bank Sees Kenyan Growth at Weakest Since Covid on Iran War
Kenya’s economy is likely to grow at the slowest pace since the coronavirus pandemic because of the effects of the US-Israeli war on Iran, according to the World Bank.
World Bank Grants Ivory Coast $875 Million Loan, Signs Gas Pact
The World Bank approved an $875 million loan for Ivory Coast to support economic growth and job creation, and signed an interim deal with Eni SpA’s local unit and the…
Japan’s Bank Lending Rises Fastest Since Covid, Backing BOJ Path
Japan’s bank lending expanded at the fastest pace since the Covid pandemic, suggesting credit is still accessible and the Bank of Japan has room to keep raising interest rates.
Peru’s Central Bank Chief Agrees to Extend 20-Year Run
Peru’s central bank chief Julio Velarde, seen as a pillar of economic stability in the politically volatile Andean nation, has agreed to stay on for another term, likely extending one…















