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The World Bank has taken its first step since ending its ban on funding nuclear energy projects by partnering with the ...
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The world’s most desperate countries are falling further and further behind, their plight worsened by conflicts that are ...
Bungling World Bank bureaucrats lost track of at least $24 billion bankrolling the battle against climate change, according to a bombshell report by a left-leaning charity group. An investigation ...
The World Bank's new president Ajay Banga on Friday asked the lender's 16,000 staff to "double down" on development and climate efforts as he seeks to accelerate the bank's evolution to tackle the ...
This year’s Spring Meetings of the World Bank Group and International Monetary Fund took place at a time of overlapping global crises. The war in Ukraine has compounded concerns about inflation, COVID ...
The World Bank on Tuesday agreed with President Trump's complaint that foreign countries engage in unfair trade practices with the US and urged the nations to ease their tariffs on American exports.
Ghana, for instance, has urged the World Bank to change its nuclear policy because it wants to build its own reactors without having to throw its lot into one geopolitical corner. It has been ...
World Bank President Ajay Banga said on Friday the development lender will devote 45% of its annual financing to climate-related projects by 2025, up from a target of 35%, and extend debt ...
WASHINGTON, July 10, 2020 – As people in developing countries around the world faced multiple crises, including the COVID-19 pandemic, the World Bank Group worked to respond quickly with technical and ...
Trump’s trade war won’t just cripple domestic markets—it will slow global gross domestic product growth to its lowest point in 17 years. The World Bank’s Global Economic Prospects report ...
The World Bank, created in 1944 to rebuild postwar Europe, is the world’s largest multilateral lender. It funds a range of projects for poor countries and emerging economies, ...
The bank predicts global growth of only 2.3% in 2025, which is 0.4% lower than was forecast in January, and for 2027, it predicts growth of 2.6% Japan, Europe and the US were among those ...
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