A major anti-corruption crackdown has exposed serious weaknesses in development projects across the Horn of Africa. Global advisory firms, once trusted to manage public funds, are now facing penalties ...

WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent on Friday gave specific marching orders for the International Monetary Fund and World Bank to take tougher stances on China's state-driven ...

The World Bank on Tuesday agreed with President Trump’s complaint that foreign countries engage in unfair trade practices with the US and urged the nations to ease their tariffs on American exports.