The continent faces an annual infrastructure funding gap of between USD 68 billion and USD 108 billion, while attracting only 2 percent of global investment in this sector July 17, 2025/AfDB As global capital flows evolve and development assistance dwindles, Africa finds itself at a critical point. On 28 May, […]
World News
IMF Names Rodrigo Valdés as Director of the Fiscal Affairs Department
July 17, 2025/IMF Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), announced today her intention to appoint Mr. Rodrigo Valdés as Director of the Fiscal Affairs Department (FAD). Mr. Valdés will succeed Vitor Gaspar, starting on October 27, 2025. “I am pleased to announce that Rodrigo Valdés will […]
Statement on Passage of the GENIUS Act by the House of Representatives
July 17, 2025/US SEC By Paul S. Atkins, Chairman I would like to congratulate the House of Representatives on passing the GENIUS Act and commend the work both the House and Senate put into this important legislation. Advancement of this bill to President Trump’s desk marks a historic milestone for […]
