International Monetary Fund and the World Bank meeting in MarrakechLONDON - Inter-American Development Bank President Ilan Goldfajn said the financial institution can expand its lending capacity to as much as $112 billion over a decade once it secures fresh capital from shareholders for its private arm.
Discussions around the capital raise are "going very well, because we are concentrating capitalization on the private , which has models that tend to be well accepted." Experts say developing and emerging economies need $2.4 trillion per year to meet global climate-related costs.Inflation could come roaring back 1970s-style. Here are 4 reasons why markets should be concerned, according to Deutsche Bank.“Everything needed for the front,” Russia’s finance minister declared, echoing a Soviet slogan from World War II as he talked about the government’s latest spending plans.