The World Bank staff has been roiled by the institution’s decision to furlough 263 contractual food service workers whose regular duties have been on hold since the coronavirus pandemic closed ...

Ajay Banga, the new president of the World Bank, poses in his office at World Bank headquarters in D.C. on Nov. 7. (Allison Shelley for The Washington Post) By Steven Mufson.

A return-to-office requirement from the World Bank is producing grumbling among its staff, although the development lender is giving employees more money for commuting and childcare.

Washington makes a turbulent backdrop to the spring meetings of the International Monetary Fund and World Bank, headquartered in the US capital as anchors of America’s economic and financial clout.

The Washington, D.C.-based lender is worried the new administration’s austerity axemen, Elon Musk and Vivek Ramaswamy, could have them in their sights.

Ever since the World Bank opened for business on June 25, 1946 the address of its headquarters has been 1818 H Street N.W., Washington, D.C. During the first Board of Governors meeting in Savannah, ...

On May 3, the board of the World Bank confirmed an American, Ajay Banga, as its president for the twelfth consecutive time going back to the institution’s founding in 1946.

WASHINGTON (Reuters) -The World Bank on Tuesday slashed its global growth forecast for 2025 by four-tenths of a percentage point to 2.3%, saying that higher tariffs and heightened uncertainty ...

WASHINGTON—World Bank President Jim Yong Kim unexpectedly announced his resignation on Monday, setting up a potential dispute between the U.S. and other member countries over selecting the next ...

WASHINGTON—World Bank President David Malpass said Friday he wasn’t resigning from his position amid calls from climate advocates for him to step down over his views on climate change.