Keywords: International finance
Iran is moving toward membership of the New Development Bank (NDB), the multilateral financial institution associated with the BRICS group, according to Iranian Central Bank Governor Abdolnaser Hemmati. Hemmati made the announcement during a meeting of BRICS finance ministers and central bank governors......
Major U.S. banks, including JPMorgan, are nearing agreements to help finance projects under Japan's $550 billion investment commitment in the United States, marking a significant step in implementing one of the largest cross-border investment initiatives between the two allies. According to sources......
Venezuela is approaching a pivotal moment in its long-running financial crisis as investors await a clearer picture of the country’s debt obligations and the potential scale of losses in what could become one of the largest sovereign debt restructurings ever attempted. The complexity of Caracas’......
Venezuela has officially launched a broad restructuring of its public debt in an effort to stabilize the national economy and restore confidence among international investors after years of financial crisis and default. The restructuring process includes debt linked to the Venezuelan government and......
Global debt has reached a new record of nearly $353 trillion, highlighting ongoing financial imbalances and shifting investor behavior, according to a new report from the Institute of International Finance (IIF). The report indicates that, while global borrowing continues to rise, investors are gradually......
Australian mining giant Rio Tinto has secured a $1.175 billion financing package from four international lenders to support the development of its Rincon lithium project in Salta province, Argentina. The funding comes from the International Finance Corporation, IDB Invest, Export Finance Australia, and......
European Union leaders abandoned a contentious plan to channel frozen Russian assets into aid for Ukraine after Belgium refused to back the measure without sweeping financial safeguards. The decision marked the collapse of months of negotiations and revealed the deep divisions within the bloc over how......
The French Development Agency (AFD) significantly reduced its financial commitments in Africa in 2025, scaling back its interventions on the continent by nearly one third, according to statements made by its management this week. Despite maintaining an overall investment volume comparable to the previous......
The European Bank for Reconstruction and Development (EBRD) has announced the appointment of Haytham Eissa as its new head in Morocco, succeeding Antoine Salle de Chou. Based in Casablanca, Eissa will oversee the bank’s investments and operations across the country. Commitment to Morocco's......
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