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 is ending its long-standing ban on providing funding for nuclear energy projects - and will be open to supporting efforts to extend the life of existing reactors and accelerate the ...

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 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.

The Post has obtained leaked photos that show World Bank president Ajay Banga and his team living it up on a private jet.

“The World Bank is profitable,” he said, noting that it more than covers its own administrative costs even if most of its projects are designed to yield slim returns.

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 urgent ...

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 ...

Senior figures at the World Bank have said it should consider changing its lending policy to include nuclear energy projects. (Image: World Bank) Ahead of the organisation's recent Spring meetings, ...

WASHINGTON, D.C., May 15, 2024 – The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) priced the first CHF digital bond by an international issuer, which will settle ...

The World Bank on Friday said that 11 countries have pledged to contribute over $11 billion to new hybrid capital and portfolio guarantee instruments designed to expand the bank's financing ...