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Economy

Famous names petition G20 in call for debt and climate crisis reform

More than 100 signatories, including a number of celebrities, send an open letter to the G20 asking for reform to the global financial system.

Business

Are these the five easiest European countries to start a business?

Euronews Business takes a closer look at the five European countries that could be the best place to start a business.

Economy

Global economy heading towards lowest half-decade growth in 30 years

World Bank predicts the global economy will slow for a third consecutive year in 2024.

Markets

World Bank: Shock in oil and food prices if Israel Hamas war escalates

In its latest report, the World Bank outlines three possible scenarios and what they entail for the commodity markets.

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Focus

Morocco sets ambitious tourism targets as it bounces back from quake

Morocco proved its resilience during the devastating earthquake in September. Now, the country is looking to sustainably expand its tourism sector ahead of the 2030 FIFA World Cup.

Earth News

The World Bank has had enough of billion euro fossil fuel subsidies

Fossil fuel and agricultural subsidies should be redirected to climate action, Ajay Banga suggested at the bank's annual meeting.

Economy

IMF worries about China's financial stability due to property crisis

At the ongoing World Bank-IMF annual meetings in Morocco, IMF officials urged Chinese authorities to intervene as an unprecedented property crisis rocks the world's second-largest economy.

Economy

Morocco welcomes IMF-World Bank meeting a following deadly earthquake

Less than a two-hour drive from where families sleep in tents and earthquake rubble remain in piles, the world's most powerful financial institutions are gathering for a week of discussions on economic challenges during times of war, inequality and climate change.

Economy

IMF: Private sector needs to shoulder most of the climate investment burden

Developing countries need $2 trillion in annual climate investments - IMF says the majority has to come from the private sector.

Economy

World Bank slashes China growth forecast for next year

The world’s second-biggest economy hasn’t grown so slowly since 1990, aside from the pandemic years.

Business

New trade corridor, new member: Five key takeaways from the G20 summit

Last weekend leaders of the richest countries gathered in New Delhi for the G20 summit. Here’s how they plan to shake up the world’s economy

India

Consensus reached on G20 declaration despite Ukraine differences - Modi

There had been concerns that, due to the absence of the Russian and Chinese presidents and marked differences of opinion within the group over the war in Ukraine, that an agreement would be hard to come by.

World News

Euroviews. It's halftime for the 2030 Agenda. We now need to score more goals

Although, as a global community, we are a long way off from achieving the 17 SDGs, we are now at a crossroads and need to set a course that will allow us to better hit our targets in the second half, German Minister for Economic Cooperation and Development Svenja Schulze writes.

Ukraine

International Community called to rebuild Ukraine

With each passing day, the bill for Russia's invasion of Ukraine rises. The estimated value has already exceeded the €400 billion mark – and it will not stop there.

Ukraine

Global tensions impact World Bank and IMF Spring Meetings

The World Bank and International Monetary Fund's annual Spring Meetings kick off this week with concerns over high inflation, rising geopolitical tension, and financial stability.

Earth News

Developing countries ‘need $2 trillion climate funding a year by 2030'

The climate crisis disproportionately impacts developing countries. A new report has put a price tag on the climate financing they need.

Earth News

These European countries are pouring billions into fossil fuels abroad

The astronomical funding is a 35 per cent decrease from the 2016 to 2019 period - but nonetheless jeopardises crucial climate pledges.

Earth News

As fatal floodwaters recede, Pakistan is facing €40 billion in damages

The UN has revised its appeal for aid five-fold, as new assessments show an urgent need for long-term help into next year.

World News

Projections of economic stagnation are cause for worry, expert says

"There is no doubt that we are still in a crisis situation," Vicky Pryce, Chief Economic Advisor at the Centre for Economics and Business Research in the UK, told Euronews.

Ukraine

Russia's war to shrink Ukrainian economy by 45%, World Bank says

The invasion which started on 24 February has resulted in half of the country's businesses shutting down and the other half operating below capacity as well as the destruction of a vast amount of infrastructure.