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Village savings and loans groups or village banks have emerged as the primary source of borrowing for a majority of people to ...
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 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.
TD Bank confirmed its plans to close nearly 40 branches by June 5, a decision that comes after it evaluated its existing stores.
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.
World Bank pen pushers can fly outside North America in business class for any journey that exceeds five hours. The Post reported in November how officials blew $9,000 per ticket for managers to ...
“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 ...
Former Commerce Secretary Wilbur Ross said Elon Musk's Department of Government Efficiency -- the cost-slashing advisory body known as DOGE -- should train its sites on the World Bank after it was ...
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