Johannes Zutt, the newly appointed World Bank Vice President for South Asia, expressed strong support for Bangladesh's ...

The World Bank won't issue its own twice-yearly forecast until June, but Gill said a consensus of global economists showed sizeable downgrades in forecasts for growth and trade.

Trade tensions and fractious geopolitics risk exposing deep fault lines in the global financial system, the central bank umbrella body, Bank for International Settlements, said in its latest ...

Meanwhile, the World Bank is on track in meeting its own targets, said Banga. At COP28 last year the bank committed 45% of its financing for climate purposes by 2025, up from a previous goal of 35 ...

President Donald Trump’s trade wars are expected to slash economic growth this year in the United States and around the world ...

The World Bank expects the 20 European countries that share the euro currency to collectively grow just 0.7% this year, down from an already lackluster 0.9% in 2024.

Johannes Zutt paid tribute to the students who lost their lives in the July Uprising last year, calling it "a very moving moment for everyone who is connected with Bangladesh." ...

The bank also lopped 0.4 percentage points off its forecast for global growth this year. It now expects the world economy to expand just 2.3% in 2025, down from 2.8% in 2024.