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While the world economy faces instability from US President Donald Trump's threats of a global trade war, the International ...
That is the sobering conclusion of the World Bank’s first comprehensive study of how 39 countries contending with “fragile and conflict-affected situations’’ have fared since the COVID-19 ...
The World Bank is reconsidering its ban on financing upstream projects amid a push to bolster the power sector.
The World Bank's board has agreed to end a longstanding ban on funding nuclear energy projects in developing countries as part of a broader push to meet rising electricity needs, the bank's ...
The world’s largest and most influential development bank said on Wednesday it would lift its longstanding ban on funding nuclear power projects.
The global economy could grow less this year than previously projected, the World Bank said Tuesday, citing uncertainty over tariffs and ongoing trade disputes.
Global economic growth is on track for its weakest decade since the 1960s, according to a new analysis by the World Bank, which cites President Donald Trump’s trade war as a major factor ...
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 world’s largest economy is expected to grow by just 1.4% in 2025, a sharp deceleration from the 2.8% expansion recorded in 2024.
Along with a sharply downgraded projection for global output this year, it urged a “course correction” on trade to help preserve living standards.
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.
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