World Bank President Angie Pang: If we want to develop a common framework for replacing debt, we need to have a clear understanding of the alternatives.

World Bank President Pang Anjie: All creditors need to be involved in negotiations, and improving transparency is a way to reduce the debt burden.

World Bank President Angie Pang: We have seen progress on Ghana’s debt problem.

World Bank President Angie Pang: There is no doubt that the debt burden hinders development.

Spot silver stood at $22 per ounce, up 0.76% on the day.

World Bank Chief Economist Gill: In the 1970s, countries that failed to manage debt levels effectively got into trouble when the Fed raised interest rates.

World Bank Chief Economist Gill: We have not seen any large economies get into trouble during the recent shock.

World Bank President Pang Anjie: The world economy is performing better than expected.

Israeli military: A northern position in Lebanon was attacked by anti-tank fire.

World Bank President Angie Pang: The occurrence of geopolitical conflicts is extremely challenging for central banks trying to find their own policy path.

World Bank President Pang Anjie: Interest rates will remain high for a long time, which will make investment more complicated.

World Bank President Angie Pang: Countries need to handle fiscal stability issues very carefully at this time.

World Bank President Peng Anjie: We will definitely seek larger bank funds from shareholders.

World Bank President Peng Anjie: I believe that the U.S. Congress will support World Bank reform.

World Bank President Pang Anjie: Ultimately, the World Bank will need a larger balance sheet.

World Bank President Angie Pang: Many members of the U.S. Congress value multilateral institutions and therefore are not worried about whether financial commitments can be fulfilled.

German Defense Minister: We will do everything possible to ensure that support for Ukraine does not collapse in the context of the conflict in the Middle East.

Market News: Finland experienced a minor seismic event when a pipeline was damaged.

Coal India: The strike by workers of the coal company and its subsidiaries has been postponed.