The European Investment Bank's (EIB) Board of Governors, comprising EU finance ministers, has approved the Bank's strategy to achieve its priorities, which includes increased financing and a greater willingness to take risks while fully engaging its capital.
Deputy Finance Ministers are discussing economic achievements and the financial resources needed for implementing tripartite measures. One minister emphasized safeguarding economic gains, while another highlighted the financial 'sputt' for tripartite initiatives.
The International Monetary Fund has warned EU finance ministers in Nicosia that without drastic reforms, the bloc's debt could become 'explosive' due to significant upcoming expenditures on defense, energy, and pensions over the next 15 years.
Finance ministers from across the European Union are convening in Nicosia, Cyprus, for an informal Ecofin meeting as part of Cyprus's presidency of the Council of the EU.
A report by Ghana's Public Interest and Accountability Committee (PIAC) revealed that finance ministers illegally capped the Ghana Stabilisation Fund at $100 million for five years, significantly below the legally required $584.22 million.
G7 finance ministers and central bank governors convened in Paris to address the global economic impact of the Middle East conflict, particularly concerns surrounding the Strait of Hormuz and its potential disruption to oil supplies. Discussions also covered broader global economic headwinds and risks.
The head of the Eurogroup stated that opening the Strait of Hormuz is of "utmost importance" ahead of the G7 finance ministers' meeting in Paris, where surging long-term borrowing costs will also be discussed.
EU finance ministers have reached an agreement to intensify efforts against VAT fraud across the bloc, which is estimated to cost up to €32.8 billion annually.
Spanish Economy and Finance ministers have indicated that the government is open to the possibility of not having new budgets for 2026, stating they are focused on the consequences of the war and…
Finance ministers and high-ranking officials from several countries are attending the IMF-World Bank Spring Meetings in Washington D.C. During the summit, they are holding critical bilateral meetings and presenting economic reforms and investment opportunities.
European nations, led by France and the UK, are planning a multinational naval mission to secure the Strait of Hormuz. This initiative aims to ensure safe passage through the vital waterway, with Italy also expressing openness to contribute.
Finance ministers, top bankers, and an industry group have raised serious concerns regarding the Anthropic Mythos AI model. They specifically warn that the AI poses a significant risk to the SEC's investor and market-tracking database.
Jens Stoltenberg and finance ministers from ten other countries are calling for a coordinated international effort to address the economic consequences of the war involving Iran.
Finance ministers and delegations from various countries, including Ukraine, Greece, and Finland, are attending the International Monetary Fund and World Bank Spring Meetings in Washington. The discussions are focused on global economic stability, funding, and ongoing reforms.
Finance ministers and central bank governors from developing countries will launch a 'Borrowers' Platform' on April 15 in Washington to enhance their debt management capabilities during the IMF-World Bank Spring meetings.
The European Commission confirms analysis of the joint letter from the Finance Ministers of Portugal, Germany, Spain, Italy, and Austria, but warns: the situation is different from the 2022 crisis.
G7 Finance Ministers declared their readiness to implement all necessary measures to ensure energy market stability and mitigate economic losses amid recent volatility.
Europe is actively scrounging for gas supplies in the wake of the Iran War, with EU finance ministers tallying the economic hit and the ECB stating the impact on the European financial system is 'contained' for now, as the conflict impacts the global economy.
Iran-linked hackers have publicly claimed responsibility for breaching the personal email of FBI Director Kash Patel, publishing photographs, a resume, and other personal documents. A Justice Department official has confirmed the breach, which has been widely reported by international media, with the Handala hack team specifically claiming responsibility for the attack on Friday.
Icelandic social and finance ministers express concern that inflation could jeopardize upcoming wage agreements, highlighting a review of the housing loan system as the country's most significant wage issue.
The Yen has weakened and Goldman Sachs delayed Fed rate cuts due to increased inflation risks from the Middle East conflict, prompting concerns among central banks about potential hawkish shifts in monetary policy. The conflict's impact on oil prices has also made dollar options the most bullish since 2022.
Tánaiste and Minister for Finance Simon Harris will attend a meeting of EU finance ministers in Brussels before travelling to Paris for a series of engagements with one of Ireland's most important…
South Sudan is experiencing growing instability, marked by a frequent change of finance ministers, the treason trial of the first vice president, and severe violence in its largest state.
The European Commission has confirmed its proposal to open an excessive deficit procedure against Bulgaria, as stated by EU Economy Commissioner Valdis Dombrovskis after a meeting of EU finance ministers.
Finance ministers from the EU's six largest economies (E6) have reached a common position on a European Commission proposal for joint capital markets supervision.
Senegalese President Bassirou Diomaye Faye has dismissed Prime Minister Ousmane Sonko and dissolved the government, following months of escalating tensions and a power struggle between the two leaders.
France states that G7 finance ministers did not discuss a second emergency release of oil reserves to address the energy crisis, emphasizing the need for clarity on the ongoing war.
South Korea's finance minister emphasized the importance of developing artificial intelligence capabilities in developing countries to foster sustainable growth during the G7 finance ministers and central bank governors' meeting.
G7 finance ministers and central bank governors met, agreeing to cooperate on addressing heightened global economic risks and exploring collaboration on AI models. They also reaffirmed their commitment to maintaining pressure on Russia despite internal divisions over trade and other issues.
Global markets are under pressure from war concerns and weak economic data from China, leading investors to hope for new impulses from the upcoming G7 finance ministers' meeting as oil prices and bond yields rise.
Kyriakos Pierrakakis, President of the Eurogroup, emphasized the need for preparedness for the most difficult scenarios following a meeting of eurozone finance ministers in Brussels, stating that Europe has strong foundations despite challenges.
G7 finance ministers and other officials met in the U.S. to discuss issues surrounding critical minerals, including rare earths, confirming accelerated efforts to diversify supply chains, with China's dominant share in mind.
Finance ministers and leading bankers have expressed serious concerns regarding the Mythos AI model, which experts warn possesses an unprecedented ability to identify and exploit cybersecurity vulnerabilities.
G7 finance ministers have stressed the urgency of mitigating the economic repercussions of the Middle East conflict, which has led to rising prices and commodity shortages.
Finance ministers from multiple countries issued a joint statement warning that the conflict in the Middle East poses a significant threat to global economic stability. They urged the implementation of measures to prevent a wider international crisis.
Finance ministers from more than 10 countries stated on Wednesday that the conflict in the Middle East will continue to negatively affect global growth, inflation, and financial markets.
Japan's Finance Minister Katayama announced he will attend the G20 Finance Ministers and Central Bank Governors meeting in Washington to discuss global economic and financial market stability amidst the ongoing situation in Iran.
Finance ministers from Italy, Germany, Spain, Portugal, and Austria have launched an initiative, urging the European Commission to implement a tax on energy companies' windfall profits.
Relatives of the late Iranian Major General Qassem Soleimani were arrested by US federal agents after their permanent residency status was revoked, with reports indicating they had celebrated attacks against US soldiers.
An Indonesian United Nations peacekeeping mission (UNIFIL) soldier was killed and another seriously injured in southern Lebanon when a projectile exploded at one of its positions. The origin of the projectile remains unknown, and an investigation has been launched to determine the circumstances.
An Iranian missile and drone attack targeted the Prince Sultan Air Base in Saudi Arabia, injuring several US service members, two seriously, and damaging US aircraft. Marco Rubio claims the war is expected to end in weeks, adding to new reports confirming the extent of damage and casualties.
An ongoing energy-price shock continues to impact the global economy, burdened by debt and concerns about inflation and growth, with stocks retreating and oil prices once again pushing past $100 a barrel. Crude futures have moved higher in early U.S. trade, reflecting the persistent upward pressure on energy costs.
Japan and South Korea's finance ministers have affirmed their readiness to take action against foreign exchange volatility, following earlier expressions of serious concern over the weakening yen and won.
G7 leaders have announced the record release of 400 million barrels of oil in response to the war in the Middle East. This represents about twenty days worth of usual oil traffic through the Strait of Hormuz, currently through dangerous to go through due to the threat of Iranian strikes. This initiative aims 'to calm markets down', as FRANCE 24's Philip Turle explains.
French President Emmanuel Macron said on Monday the G7 will discuss a possible release of strategic oil reserves, as finance ministers of the world’s leading industrialised nations prepared to meet…
The G7 finance ministers' meeting will discuss the possibility of using strategic oil reserves to stabilize energy markets, which have been shaken by the crisis in the Middle East.
Bulgarian Prime Minister Andrey Gyurov has appointed two new deputy finance ministers, including a former health insurance fund director, to join Georgi Klisurski's team.
Eurozone finance ministers and central bankers have called for targeted and temporary support measures for households and businesses, warning against broad fiscal intervention as a new energy shock, linked to the Middle East crisis, impacts growth and inflation.
Top European finance ministers have privately appealed to US Treasury Secretary Scott Bessent, urging the US administration to bring an end to the war with Iran.
G7 finance ministers and central bank governors met in Paris, calling for action on global economic imbalances and discussing the fallout from the Iran war, with some members pointing to China.
G7 finance ministers have reaffirmed their support for Ukraine and agreed to maintain sanctions pressure on Russia, aiming to prevent Moscow from generating critical revenues to finance its war efforts.
President Trump issued a warning to Tehran, stating that "the clock is ticking" for Iran as peace progress stalls. These heightened tensions have contributed to inflation concerns and impacted global markets.
Bulgarian Prime Minister Rumen Radev embarks on an official visit to Germany, where he is scheduled to hold discussions with Chancellor Friedrich Merz. The agenda also includes meetings with finance ministers and central bankers.
The European Commission has proposed new initiatives aimed at simplifying cross-border train bookings and enhancing passenger rights across Europe. These measures seek to make train travel more accessible and convenient for journeys involving multiple countries and operators.
EU finance ministers gathered in Brussels for Eurogroup and ECOFIN meetings, where a primary focus was placed on assessing the economic repercussions of the crisis in the Middle East. Ministers discussed various financial and economic strategies in response to the regional instability.
Finance ministers and bankers have reportedly raised serious concerns regarding the Mythos AI model, though the specific nature of these concerns was not detailed.
The White House held a meeting with Anthropic CEO Dario Amodei to discuss the company's new AI technology, 'Mythos,' and address concerns about its potential threats. The discussions aimed at finding common ground and exploring collaboration on AI safety.
Romanian Health and Finance Ministers held an exploratory meeting with Pfizer in Washington D.C. to discuss converting the country's COVID-19 vaccine debt into innovative medicines.
Finance ministers and top bankers have voiced serious concerns regarding the potential risks and dilemmas associated with the powerful Mythos AI model, particularly Anthropic's Claude Mythos. They highlight the dangers posed by superpowered AI.
Finance ministers from eleven nations, including the UK, Japan, and Australia, issued a warning that the ongoing conflict in the Middle East poses a significant threat to global economic growth, inflation, and financial stability.
Finance ministers and central bank governors gathered in Washington D.C. for the annual Spring Meetings of the IMF and World Bank Group. Discussions focused on global economic challenges, including revised growth forecasts, geopolitical impacts, and specific country cooperation programs.
The World Bank has reduced its global growth expectations, while the International Monetary Fund (IMF) is cautioning about strengthening inflation. Finance ministers and central bank governors are set to convene next week in Washington for the IMF's spring session.
Romania's Premier Ilie Bolojan announced that the Health and Finance ministers will travel to the United States next week to negotiate with Pfizer, following a lost lawsuit concerning COVID-19 vaccine procurement.
DawnMedia and the Climate Vulnerable Forum-Vulnerable Twenty Group of Finance Ministers (CVF-V20) Secretariat have signed a memorandum of understanding (MoU) to accelerate climate change awareness and investment.
Fears of a prolonged oil shock and the Iran conflict's economic impact are growing, leading to market uncertainty and rising oil prices, with Wall Street showing increasing alarm. Fed officials are assessing the war's broad economic hit, and upcoming U.S. jobs and Eurozone inflation data are expected to further reveal the conflict's global economic impact.
Global markets continue to be impacted by the Iran War and oil shock, with stocks retreating and crude oil prices pushing past $100. The Canadian dollar extends its decline as investors favor safe havens, while Fed and ECB officials, along with EU Finance Ministers, assess the rising economic uncertainty and the war's impact on the European financial system.
Finance Ministers Satsuki Katayama of Japan and Koo Yun-cheol of South Korea have expressed serious concern over the recent sharp depreciation of the Korean won and the Japanese yen, indicating readiness to act against forex volatility.
During a meeting of EU finance ministers in Brussels, it became clear that the Luxembourgish government, represented by Gilles Roth, could soon be outvoted on a sensitive financial supervision matter.
Finance ministers from leading industrial nations (G-7) held an emergency meeting with the International Energy Agency to discuss rising oil prices, which have been driven to new heights by the ongoing conflict between the USA, Israel, and Iran.
Eurozone finance ministers are meeting to discuss economic developments in the EU, with Spain proposing a massive EU bond market to enhance the bloc's economic strength.
European Finance Ministers are meeting to discuss the economic impacts of rising oil and natural gas prices, fearing a return to the 2022 energy crisis situation.
Finance ministers from the 'E6' group of largest European economies are set to meet again in early March to strengthen cooperation, reigniting discussions about a 'two-speed Europe' which has been debated with varying intensity within the EU.
The UK Treasury Secretary and Swedish Finance Minister co-authored an article urging people not to believe Russian propaganda about its economy, asserting that it is not as strong as portrayed.