June 05, 2026
The report covers 11 Pacific Island nations across the region
He warns that "a lot of banks are practically bankrupt" without urgent recovery
Venezuela says the renewed IMF ties mark a key step for its economy
Initiative targets 14 water-stressed countries across Africa, Middle East, and South Asia
The amount could eclipse the $70 billion it provided during the COVID-19 pandemic
A fragile ceasefire is in place, but key disruptions to global energy supplies remain unresolved
World Bank has warned of higher inflation in developing economies
The report comes amid escalating global trade tensions and rising protectionism