‘Diaspora savings attributed to migrants from developing countries were estimated at €464 billion in 2013, mostly held in the banks of states to which they have migrated.’ Photograph: Getty Images

Keith Ellison, a Minnesota congressman, is worried about Ayan Hasan and her family. He wrote recently to the New York Times about his Somali constitue(...)

Yanis Varoufakis, Greece’s finance minister, speaks during a panel discussion at the Brookings Institution on the sidelines of the International Monetary Fund (IMF) and World Bank Group Spring Meetings in Washington  Photograph: Andrew Harrer/Bloomberg

Greek finance minister Yanis Varoufakis promised to compromise in negotiations over the next instalment of a bailout loan that would prevent a default(...)

Marathon Asset Management’s Bruce Richards says his firm is ramping up investment in Europe on bets that central-bank easing, a depreciating euro and (...)

Greek prime minister Alexis Tsipras: his government’s   labour market, pension reform and  privatisation measures face troika scrutiny.  Photograph: Alexander Nemenov/AFP/Getty Images

Greece will this week seek to agree core elements of a provisional deal with international creditors ahead of a key meeting of euro zone finance mini(...)

Traders work on the floor of the New York Stock Exchange. A new IMF report says advanced economies’ annual growth potential should increase to 1.6 per cent over the next five years

The world’s growth potential took a big hit after the 2007-2009 financial crisis and is likely to lag for years, implying that interest rates should l(...)

China’s President Xi Jinping (centre) poses for photos with guests at the Asian Infrastructure Investment Bank launch ceremony at the Great Hall of the People in Beijing. Photograph: Takaki Yajima/Reuters

Last week saw the deadline to become a founding member of the Asian Infrastructure Investment Bank (AIIB), a China-led lender aiming to provide loans (...)

 Indian fishermen silhuetted by the rising sun as they prepare for an early morning catch at the banks of Narmada river in Nemawar district Dewas, 200km from Bhopal, Madhya Pradesh, India. Photograph: EPA/SAJNEEV GUPTA

While much of the reporting focus in recent months has been on China’s economic slowdown, the Asian Development Bank (ADB) believes India is poised to(...)

A man walks past an Ebola awareness painting on a wall in downtown Monrovia, Liberia. One year has passed since the declaration of what has become the largest Ebola outbreak in history, with more than 10,000 deaths. Photograph: Ahmed Jallanzo/EPA

One year has passed since the declaration of what has become the largest Ebola outbreak in history, with more than 10,000 deaths. The virus escaped co(...)

Local residents carry their belongings along a road after Cyclone Pam hit, on the outskirts of Port Vila, the capital city of the Pacific island nation of Vanuatu. Photograph: Unicef/Reuters/Handout via Reuters 0:59

Reports from the outer islands of Vanuatu painted a picture of utter destruction after a huge cyclone tore through the South Pacific island nation, fl(...)

  According to media reports  Brady W. Dougan, CEO of Swiss Bank Credit Suisse (pictured), will be replaced as CEO of Credit Suisse by Tidjane Thiam of insurance company Prudential. (Photograph: WALTER BIERI/EPA)

Prudential’s Tidjane Thiam is to replace Brady Dougan as chief executive officer of Credit Suisse as the bank grapples with regulations that have pr(...)