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Finance and Banking

List of Finance and Banking articles

A security guard walks past a large blue banner that says SPRING MEETINGS 2024 | WASHINGTON DC INTERNATIONAL MONETARY FUND WORLD BANK GROUP.
A security guard walks past a large blue banner that says SPRING MEETINGS 2024 | WASHINGTON DC INTERNATIONAL MONETARY FUND WORLD BANK GROUP.

It’s Time for the World Bank to Break With Tradition

The bank must adopt a new model to alleviate extreme poverty.

Technicians wearing white protective suits conduct tests in a research laboratory in Ningbo, China.
Technicians wearing white protective suits conduct tests in a research laboratory in Ningbo, China.

The West Did Not Invent Decoupling—China Did

Beijing has long sought to gain a free hand by untangling its economy from the West.

A view of the Russian Central Bank headquarters in downtown Moscow. The Russian flag flies above the building.
A view of the Russian Central Bank headquarters in downtown Moscow. The Russian flag flies above the building.

The U.S. Is Considering Giving Russia’s Frozen Assets to Ukraine

The unprecedented move could offer a tidy way to make Moscow pay for Ukraine’s reconstruction.

A person with a top hat, long red hair, and evil clown make-up stands in the central foreground as a man in the near background holds up a white protest sign reading "No A Las ZEDEs", translated to "No to the Employment and Development Zones".
A person with a top hat, long red hair, and evil clown make-up stands in the central foreground as a man in the near background holds up a white protest sign reading "No A Las ZEDEs", translated to "No to the Employment and Development Zones".

How a Start-Up Utopia Became a Nightmare for Honduras

U.S. investors are suing Honduras over special economic zones, and the dispute could bankrupt the country.

Two people a near a fallen tree in a flooded area.
Two people a near a fallen tree in a flooded area.

The Only Way to Make Climate Progress

Green technology and capital is concentrated in rich countries. Here’s how to address the north-south divide.

John Ackah Blay-Miezah smokes a cigar in the London office of the Oman Ghana Trust Fund in the 1980s.
John Ackah Blay-Miezah smokes a cigar in the London office of the Oman Ghana Trust Fund in the 1980s.

The Man Who Conned the World

How one of the greatest scam artists of all time used Ghana’s colonial past to get rich.

An India flag during the T20 Tour match between Northamptonshire and India at The County Ground on July 03, 2022 in Northampton, England.
An India flag during the T20 Tour match between Northamptonshire and India at The County Ground on July 03, 2022 in Northampton, England.

Are Global Climate Partnerships Fit for Purpose?

A close look at India's relationship to Just Energy Transition Partnerships.

El Salvador's president Nayib Bukele, wearing clear plastic goggles and a black zip-up jacket, spreads his arms enthusiastically as he speaks during a joint news conference. He stands behind a podium and in front of U.S. and Salvadoran flags.
El Salvador's president Nayib Bukele, wearing clear plastic goggles and a black zip-up jacket, spreads his arms enthusiastically as he speaks during a joint news conference. He stands behind a podium and in front of U.S. and Salvadoran flags.

Bukele’s Bitcoin Mess and the U.S.-Backed Bank That Enabled It

The United States has supported the so-called dictators’ bank to rival China in Central America—and funded El Salvador’s authoritarian descent in the process.

A person is seen from the side walking past a blue billboard.
A person is seen from the side walking past a blue billboard.

The World Bank’s Big Week

What to know ahead of the institution’s annual meetings.

The silhouette of a person operating hand-held machinery in a rice paddy.
The silhouette of a person operating hand-held machinery in a rice paddy.

Niger Is a Warning for the World Bank

International finance needs a new playbook for crisis as the bank convenes for its annual meetings.

Illustration with Adam Tooze headshot on a black and green background with the text "Ones & Tooze"
Illustration with Adam Tooze headshot on a black and green background with the text "Ones & Tooze"

Ask Adam Anything on Inflation

Ones and Tooze: Adam and Cameron answer more of your listener questions.

Chinese President Xi Jinping, surrounded by flags of African countries, gestures as he speaks at the China-Africa Leaders' Roundtable Dialogue during the BRICS summit in Johannesburg.
Chinese President Xi Jinping, surrounded by flags of African countries, gestures as he speaks at the China-Africa Leaders' Roundtable Dialogue during the BRICS summit in Johannesburg.

Can BRICS Derail the Dollar’s Dominance? 

The group’s countries share one concern—the growing use of U.S. sanctions to restrict trade and investment globally. 

Russian President Vladimir Putin greets Chinese President Xi Jinping during a welcome ceremony at the start of the 7th BRICS summit in Ufa, Russia.
Russian President Vladimir Putin greets Chinese President Xi Jinping during a welcome ceremony at the start of the 7th BRICS summit in Ufa, Russia.

Can Russia and China Breathe New Life Into BRICS?

The global south is hungry for an alternative to the Western-dominated order, but BRICS may not be up to the task.

Hands hold  the Orb, a biometric imaging device for Worldcoin, which aims to create a World ID digital passport with a tradeable cryptocurrency, in Berlin on Aug. 1. Annegret Hilse/Reuters
Hands hold the Orb, a biometric imaging device for Worldcoin, which aims to create a World ID digital passport with a tradeable cryptocurrency, in Berlin on Aug. 1. Annegret Hilse/Reuters

Sam Altman Has a Plan to Tame the AI He Unleashed

Worldcoin trades cryptocurrency for eyeball scans, creating a global ID database and scaring the willies out of privacy experts.

A man walks past the logo of the Asian Infrastructure Investment Bank at its headquarters in Beijing on June 15. Jade Gao/AFP via Getty Images
A man walks past the logo of the Asian Infrastructure Investment Bank at its headquarters in Beijing on June 15. Jade Gao/AFP via Getty Images

‘What’s the Name of the Plane? The People’s Republic of China’

The first high-profile departure from China’s Asian Infrastructure Investment Bank says it is dominated by CCP operatives and Beijing’s foreign-policy objectives.

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