Development banking

Opposition leader Juan Guaido speaks to supporters at a public plaza in Caracas, Venezuela, Friday, Jan. 25, 2019. Guaido declared himself interim president on Wednesday. (AP Photo/Fernando Llano)
January 25, 2019 - 10:24 pm
CARACAS, Venezuela (AP) — The Latest on the political crisis in Venezuela (all times local): 12:10 a.m. The Inter-American Commission on Human Rights is granting precautionary measures to protect Venezuelan opposition leader Juan Guaido and his family. The human rights body of the Organization of...
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FILE- In this Jan. 18, 2019, file photo specialist Anthony Rinaldi, left, and trader Robert Gasparino work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Tuesday, Jan. 22. (AP Photo/Richard Drew, File)
January 22, 2019 - 3:44 pm
NEW YORK (AP) — Stocks fell sharply Tuesday following new signs the global economy is weakening and reports of difficulties in trade talks between the U.S. and China. That broke a four-day winning streak for U.S. indexes. Major global indexes traded lower after the International Monetary Fund...
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A man checks stock prices through his smartphone at a brokerage house in Beijing, Tuesday, Jan. 22, 2019. Asian markets were mostly lower on Tuesday after the International Monetary Fund trimmed its global outlook for 2019 and 2020. This came after China said its economy grew at the slowest pace in 30 years. (AP Photo/Andy Wong)
January 22, 2019 - 4:53 am
SINGAPORE (AP) — World markets retreated Tuesday after the International Monetary Fund trimmed its global outlook for 2019 and 2020. The downgrade came after China said its economy grew at the slowest pace in nearly 30 years in the last quarter of 2018. KEEPING SCORE: Germany's DAX gave up 0.2...
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FILE - In this Jan. 18, 2019, file photo, a woman reads a newspaper at a brokerage house in Beijing. Shares rose in Shanghai and Hong Kong on Monday, Jan. 21, 2019, as China reported that its growth fell to a three-decade low of 6.6 percent in 2018. The weaker data released Monday raised hopes for additional moves to shore up support for lagging business activity, though benchmarks fell back slightly from stronger gains just after markets opened. (AP Photo/Andy Wong, File)
January 21, 2019 - 9:47 pm
SINGAPORE (AP) — Asian markets were mostly lower on Tuesday after the International Monetary Fund trimmed its global outlook for 2019 and 2020. The downgrade came after China said its economy grew at the slowest pace in 30 years in the last quarter of 2018. Wall Street was closed for a holiday on...
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International Monetary Fund Managing Director Christine Lagarde briefs the media during a news conference at the annual meeting of the World Economic Forum, WEF, in Davos, Monday, Jan. 21, 2019. (AP Photo/Markus Schreiber)
January 21, 2019 - 10:14 am
DAVOS, Switzerland (AP) — The world economy absorbed more bad news Monday: The International Monetary Fund cut its growth forecast for 2019. And China, the world's second-biggest economy, said it had slowed to its weakest pace since 1990. The IMF cut its estimate for global growth this year to 3.5...
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FILE- In this June 26, 2018, file photo Chinese workers take a break outside a construction site wall depicting the skyscrapers in the Chinese capital at the Central Business District in Beijing. The World Bank is downgrading its outlook for the global economy this year, citing rising trade tension, weakening manufacturing activity and growing financial stress in emerging-market countries. (AP Photo/Andy Wong, File)
January 08, 2019 - 3:38 pm
WASHINGTON (AP) — The World Bank is downgrading its outlook for the global economy this year, citing rising trade tension, weakening manufacturing activity and growing financial stress in emerging-market countries. In a report titled "Darkening Skies," the anti-poverty agency said Tuesday that it...
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A Pakistani money changer counts US dollar bills in Islamabad, Pakistan, Friday, Nov. 30, 2018. Pakistan's currency has plunged further as the country is mired in a financial crisis and seeking an $8 billion bailout package from the International Monetary Fund. The Pakistani rupee was trading at 142 to the dollar on Friday, a decline from 133.90 rupees to $1 at close of business the previous day. (AP Photo/B.K. Bangash)
November 30, 2018 - 6:27 am
ISLAMABAD (AP) — Pakistan's currency has plunged further as the country is mired in a financial crisis and seeking an $8 billion bailout package from the International Monetary Fund. The Pakistani rupee traded at 142 to the dollar on Friday, a decline from 133.90 rupees to $1 at close of business...
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Italian Economy Minister Giovanni Tria listens to reporters' questions during a joint press conference with Portuguese Finance Minister and head of the Eurogroup Mario Centeno, in Rome, Friday, Nov. 9, 2018. Tria told lawmakers Friday that Italy will stick to its 2019 budget plan, despite EU officials' concerns about a big increase in spending. (AP Photo/Andrew Medichini)
November 13, 2018 - 10:15 am
MILAN (AP) — The International Monetary Fund has warned the Italian government that its plan to sharply increase spending carries "substantial" risks and would leave the country vulnerable to market turmoil. Hours before the Italian populist government faced a deadline to submit a revised budget...
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November 13, 2018 - 12:18 am
DUBAI, United Arab Emirates (AP) — Higher oil prices are helping to offset increases in public spending by the Middle East's oil exporting heavyweights like Saudi Arabia, with these countries narrowing their budget deficit by $77 billion, the International Monetary Fund said on Tuesday. The...
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Pakistani Prime Minister Imran Khan, speaks in front of a screen displaying his national flag during the opening of the Future Investment Initiative conference, in Riyadh, Saudi Arabia, Tuesday, Oct. 23, 2018. A high-profile economic forum in Saudi Arabia has begun in Riyadh, the kingdom's first major event on the world stage since the killing of writer Jamal Khashoggi at the Saudi Consulate in Istanbul earlier this month. (AP Photo/Amr Nabil)
October 24, 2018 - 6:26 am
ISLAMABAD (AP) — Pakistan has negotiated a $6 billion assistance package of loans and deferred payments from Saudi Arabia in hopes of resuscitating its flagging economy, struggling under the weight of a whopping $18 billion deficit. Analysts say the Saudi infusion will allow Islamabad to breathe a...
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