EconomyTop StoriesDeveloping countries seek private funding as debt costs rise and aid fallsGBO CorrespondentOctober 21, 2026October 21, 2026 GBO CorrespondentOctober 21, 2026October 21, 2026 World Bank President Ajay Banga said that changes were needed to help...
EconomyTop StoriesIran war: World Bank in talks with countries about crisis aid amid high energy pricesGBO CorrespondentOctober 13, 2026October 12, 2026 GBO CorrespondentOctober 13, 2026October 12, 2026 Higher energy prices are adding to import bills and domestic inflation, while...
EconomyTop StoriesGhana looks to close debt restructuring with mandatory bond swapGBO CorrespondentJune 24, 2026June 23, 2026 GBO CorrespondentJune 24, 2026June 23, 2026 The bonds, issued in 2014 through a vehicle called Saderea Designated Activity...
EconomyTop StoriesDeveloping nations’ “complex” debt could raise stall restructurings, says LazardGBO CorrespondentJune 15, 2026June 15, 2026 GBO CorrespondentJune 15, 2026June 15, 2026 As per the Lazard, Angola, Nigeria, and Senegal have tapped total return...
EconomyTop StoriesSri Lanka’s economic crisis deepens amid global oil shockGBO CorrespondentApril 15, 2026April 14, 2026 GBO CorrespondentApril 15, 2026April 14, 2026 Sri Lanka's economic crisis intensifies as higher oil prices and import costs...
MarketsTop StoriesForeign investors pull USD 70.3 billion from emerging marketsGBO CorrespondentApril 13, 2026April 10, 2026 GBO CorrespondentApril 13, 2026April 10, 2026 Outflows from emerging equities, particularly in Asia, drove the losses, although foreign...
Banking and FinanceTop StoriesIMF flags risk of abrupt currency depreciationGBO CorrespondentApril 10, 2026April 9, 2026 GBO CorrespondentApril 10, 2026April 9, 2026 The IMF said this source of funds has clearly been beneficial for...
EconomyTop StoriesLow-income countries face rising global risks: IMFGBO CorrespondentApril 6, 2026April 2, 2026 GBO CorrespondentApril 6, 2026April 2, 2026 The IMF staff paper defines LICs as the 70 countries eligible for...
EconomyTop StoriesSaudi Vision 2030: Kingdom enters measured phase with Fahad Al-Saif’s appointmentGBO CorrespondentFebruary 23, 2026 GBO CorrespondentFebruary 23, 2026 Saudi Arabia might find true progress not in bold displays, but in...
EnergyTop StoriesGo Green with GBO: Who really wins from Tunisia-Italy power link?GBO CorrespondentFebruary 6, 2026 GBO CorrespondentFebruary 6, 2026 The ELMED project involves the construction of a 200-kilometre high-voltage direct current...