Trade tensions and fractious geopolitics risk exposing deep fault lines in the global financial system, the central bank ...

The World Bank has painted a bleak picture of the U.S. economy and has estimated that the global economy will see the slowest decade for global growth since the 1960s, according to a forecast ...

World Bank President Ajay Banga wants to focus on improving the development lender so that he can earn the right to press member countries for more capital, as the new chief looks to expand its ...

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 ...

The World Bank issued a bleak global growth outlook this week, revising last June’s projections down from 3% to 1.7% A significantly downgraded U.S. outlook hit particularly hard; the U.S. is ...