Morning Update: Bank of Canada says it’s ready ‘to act more forcefully’ after interest-rate hike

Good morning, The Bank of Canada announced another oversized interest-rate hike yesterday and said that it is prepared to “act more forcefully if needed,” signalling that it intends to keep…

World Bank warns of global challenges as it offers $1.5bn in support to Ukrainian government

The World Bank is preparing a $1.5-billion funding package to support continuation of essential government services in Ukraine following Russia’s invasion, World Bank president David Malpass announced in Warsaw, Poland,…