World News

Mastercard SpendingPulse: U.S. retail sales up +8.8% year-over-year in January

February 10, 2023/Mastercard According to Mastercard SpendingPulse™, which measures in-store and online retail sales across all forms of payment, U.S. retail sales excluding automotive were up +8.8% year-over-year in January. E-commerce sales were up +8.4% YOY, while in-store sales were up +8.9% YOY. Mastercard SpendingPulse reflects nominal spending and is not […]

Support for Climate Action Hinges on Public Understanding of Policy

Credit: Tamara Merino/IMF Photos February 10, 2023/IMFBlog Novel survey shows how concerned people are about climate change, how they view mitigation polices, and what drives support for climate action Bo Li, Era Dabla-Norris, Krishna Srinivasan February 9, 2023 People across the world worry about climate change, but that concern alone […]

OPEC Fund supports critical infrastructure in Africa with $50m loan to Africa Finance Corporation

The proceeds of the 10-year loan will be used to improve connectivity, transport, logistics, trade and to boost access to energy across the African continent February 9, 2023/AFC The OPEC Fund for International Development (the OPEC Fund) and Africa Finance Corporation (AFC) (www.AfricaFC.org) have signed a US$50 million loan agreement […]