Shawn Donnan

The world appears to have dodged a downturn, but wars and economic nationalism are leaving many countries worse off.

I'm Shawn Donnan , a senior writer for economics in Washington, which hosts the IMF and World Bank Spring Meetings April 15-20.

The economists are fighting back.

A US plan to raise billions of dollars in additional resources for the World Bank to counter China’s lending to the developing world has stalled less than nine months after President Joe Biden made it a centerpiece of his meetings with fellow Group of 20 leaders last year.

(Bloomberg) -- A US plan to raise billions of dollars in additional resources for the World Bank to counter China's lending to the developing world

The European Union will be able to find a way to raise more joint debt that is acceptable to Germany's constitutional court — if there is sufficient political will, according to

Die Europäische Union wird nach Ansicht des spanischen Wirtschaftsministers in der Lage sein, eine Lösung für die Aufnahme weiterer gemeinsamer Schulden zu finden, die für das Bundesverfassungsgericht akzeptabel ist — wenn der politische Wille vorhanden ist.

As Joe Biden this week hailed America's booming economy as the strongest in the world during a reelection campaign tour of battleground-state Pennsylvania, global finance chiefs convening in Washington had a different message: cool it.

As Joe Biden this week hailed America’s booming economy as the strongest in the world during a reelection campaign tour of battleground-state Pennsylvania, global finance chiefs convening in Washington had a different message: cool it.

"I don’t want to be impolite, but…"