Are the octogenarian IMF and World Bank sprightly enough for the job? Fragile recovery, low growth, global debt, AI, the climate … The organisations founded in 1944 have lots to talk about this week
World Bank must take ‘quantum leap’ to tackle climate crisis, UN expert says Simon Stiell calls for reform at development banks to enable governments to provide more climate finance to developing world
Global economic risks ‘could eclipse anything since second world war’, says JP Morgan boss In annual letter to investors, Jamie Dimon warns ‘wars in Ukraine and Middle East could become far worse’
Jaguar Land Rover sales jump 22%; 15 Ted Baker stores to close, with 245 job losses – as it happened Rolling coverage of the latest economic and financial news
Food inflation in world’s rich nations falls to pre-Ukraine war levels Rate declines for 15th consecutive month across 38 OECD countries from 6.3% in January to 5.3% in February
Dysfunction and division darken the WTO’s 30-year dream of free trade As the organisation’s anniversary nears, borders around the world are closing again
Baltimore bridge collapse: US braces for supply chain disruption Downing of Francis Scott Key Bridge disrupts shipping of cars and parts and risks loss of Baltimore’s cargo trade to other ports
World’s largest solar manufacturer to cut one-third of workforce China’s Longi looks to slash costs as renewable energy sector faces tough headwinds from inflation
Talk of a soft landing for the global economy is premature – many dark scenarios are lurking Big obstacles to rising living standards remain, from populism to protectionism, military conflict to the climate crisis, and China to Wall Street
Tackling inequality vital for next century of growth, IMF head says Kristalina Georgieva invokes John Maynard Keynes as she says fostering fairer economy would raise living standards ninefold
Growing gulf between rich and poor countries ‘recipe for much darker future’, says UN Human development report finds the pandemic, conflict, globalisation and populism have combined to disproportionately affect lower-income countries
The Guardian view on supply chains: not only just in time, but just in case Editorial: Countries are placing a higher priority on resilience and security in the wake of the pandemic and as tensions grow
Kristalina Georgieva wins backing to run for second term as IMF chief Bulgaria’s ‘eternal optimist’ in favour with European finance ministers after first five-year stint encompassing Covid and Ukraine
No equality for working women in any country in the world, study reveals Global gender gap is far bigger than previously thought, as annual World Bank report takes childcare and safety issues into account for first time
Clare Lombardelli named deputy governor of Bank of England Ex-Treasury official and adviser to David Cameron will replace Ben Broadbent, making MPC majority female for first time