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The World Bank is reconsidering its ban on financing upstream projects amid a push to bolster the power sector. The World Bank's board lifted its ban on nuclear power financing on Tuesday and is ...
Ajay Banga, pictured here at the 2024 annual meeting, said the goal was to help deliver electricity as a driver of development (Image: Screengrab World Bank video) The change was made at the World ...
The World Bank has slashed its global growth forecast to 2.3%, citing trade tensions driven by US tariffs as the primary cause of the sharp downturn.
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 said the U.S. economy in 2025 will grow 1.4 percent, 0.9 percentage points slower than its January forecast. It also called for all nations to reduce tariffs.
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.
Trump administration says IMF, World Bank ‘falling short’ of missions Treasury Secretary Scott Bessent said the U.S. remains committed to playing a leadership role in the IMF and World Bank ...
World Bank bureaucrats who jetted to the United Nations' annual global warming conference spewed CO2 emissions equal to what's produced by 200 US households in a year -- sparking accusations of ...
Project 2025’s call for the U.S. to withdraw from the World Bank would be a strategic mistake, as it would allow America’s competitors to gain a historic victory. The World Bank needs u… ...
In light of President-elect Donald Trump ‘s commitment to trim U.S. government expenditures, the World Bank, currently under investigation for the misplacement of $24 billion in climate funds ...
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 and African Development Bank’s joint initiative to expand energy access to 300 million more people in Africa is a welcome contribution to this effort. However, the Bank should be ...
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