SEVILLE, Spain (Reuters) -A number of wealthy creditor nations and multilateral lenders have launched an initiative that aims to give sovereign borrowers breathing space on debt payments in the event ...

Multilateralism is not an option but a necessity as we build back a better world with more equality and resilience, and a more sustainable world." - Secretary-General António Guterres Multilateralism, ...

For decades, the global economy rested on the premise that international trade was beneficial despite geopolitical differences. The rules of the multilateral trading system, established with the ...

Today the world is on a knife edge - war and conflict are piercing the heart of our multilateral system and our global confidence. Russia’s war against Ukraine, the war in Gaza and the crisis in the ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. This initiative represents a significant development in cross-border ...

Initiative would allow debt suspension during crises Supported by Spain, Canada, France and Britain Spain's foreign minister suggests clauses could also cover war SEVILLE, Spain, July 1 (Reuters) - A ...