News

As the World Bank Group’s largest shareholder, the United States has a long history of supporting the Bank Group’s mission and addressing development challenges of vital importance through its support ...
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 ...
President Donald Trump’s trade wars are expected to slash economic growth this year in the United States and around the world ...
David Malpass has decided to step down as president of the World Bank before his five-year term expires. He says he will leave at the end of June. Appointed by then-President Trump in 2019, his ...
Under pressure from world leaders, development experts and shareholders, the bank opens its spring meeting on Monday, poised for big changes. By David Gelles and Alan Rappeport Mr. Gelles writes ...
WASHINGTON, Feb. 22, 2023—The Board of Executive Directors of the World Bank Group met today under the Chairship of its Dean, Mr. Koen Davidse, to discuss the selection process for the next President ...