The World Bank forecasts a significant decline in global commodity prices, predicting a 12% drop in 2025 and another 5% in 2026, bringing them back to pre-pandemic levels.

The World Bank’s reform plan would free up roughly $5 billion annually over the next 10 years, mainly through a slight relaxation of the bank’s rules for how much risk it can assume.

Up until two years ago, Ajay Banga had spent most of his career in the private sector – as a banker at Citigroup and latterly as the CEO of Mastercard . Now the World Bank president finds ...

World Bank President Ajay Banga had a similar message, seemingly offered as a reason the U.S. should see the value of his organization: Banga emphasized the Bank’s focus on infrastructure, ...