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World Bank Group President Ajay Banga and International Atomic Energy Agency Director General Rafael Mariano Grossi outlined the thinking behind the change in policy at a joint event in Paris. Hear ...
The IAEA and The World Bank announced a partnership today to support the safe, secure and responsible use of nuclear energy in developing countries.
The World Bank has taken its first step since ending its ban on funding nuclear energy projects by partnering with the International Atomic Energy Agency to support countries that choose to include ...
The World Bank announced Wednesday that it will invest over $1.3 billion to improve the quality of life in three war-torn countries in the Middle East.
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 ...
The World Bank has downgraded its economic projections for Indochina, with Cambodia and Laos expected to struggle, as non-performing loans continue to mount amid falling demand and trade ...
The question is why give the World Bank and the International Monetary Fund — both of which are still directed by Biden appointees — even a penny more from American taxpayers?
The World Bank’s board lifted its ban on supporting nuclear power, and is discussing whether to fund natural gas exploration and production, as it seeks ways to bolster access to electricity to ...
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.
The World Bank on Tuesday reduced its outlook for both global and U.S. economic growth this year, citing disruptions to global trade stemming from President Trump’s trade war. Global growth in ...
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.
The World Bank said it is committing $1 billion to help the Democratic Republic of Congo prepare for the development of the next stage of what could be the world’s biggest hydropower project.