Andrea Shalal

Ukraine is urging the United States to impose ​sanctions on several Russian entities that it says are helping develop Moscow's Rassvet satellite network as a domestic alternative to ‌SpaceX's Starlink, its acting ambassador said on Wednesday.

The United States has sanctioned 10 individuals and entities including ​some based in China, Hong ‌Kong and Pakistan, for helping Iran's Ministry of Defense procure weapons and components, the US Treasury Department ​said Tuesday.

The World Bank Thursday said ​it has approved $200 million ‌in additional funding to help Colombia respond to ​and recover from ​the August 10 earthquake that ⁠left hundreds dead.

The International Monetary Fund on Thursday called for targeted refinements to the design and implementation of its loan programs, including a ​focus on fewer but deeper reforms, to reflect the challenges of a more shock-prone global economy.

The United States and China have ​agreed to extend by two months a trade truce that was due to expire on November 10, allowing more time to work on ‌a potentially bigger trade deal, US Treasury Secretary Scott Bessent said on Wednesday.

US Treasury Secretary Scott Bessent could become President Donald Trump’s new AI czar, ​a source familiar with the discussions said on Tuesday, ‌as fears grow among lawmakers in Washington about the risks posed by AI technology.

The World Bank and International Monetary Fund said on Monday that both their executive ​boards had approved proposed reforms of their joint framework for evaluating the debt of low-income countries to reflect a more complex ‌and riskier environment.

The Russia sanctions bill signed into law by US President Donald Trump on Friday gives him new powers to impose tariffs that could last well beyond his presidency, injecting more uncertainty into the global economy after nearly two years of trade wars.

The World Bank on Thursday said it attracted $112 billion in private capital in the year ended June versus $69 billion a year earlier, and more than triple the amount ​in fiscal 2022 before former Mastercard CEO Ajay Banga became president.

The U.S. International ​Development Finance Corp on Wednesday approved a $500 million trade financing facility that will help ‌U.S. companies access emerging markets in South America, Southeast Asia and Africa, the agency's chief executive, Ben Black, said.