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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 bank’s climate work is occurring as several of the Trump administration’s allies want the U.S. to exit the World Bank entirely, arguing that its mission runs counter to American national ...
World Bank bureaucrats who jetted to the United Nations' annual global warming conference spewed CO2 emissions equal to what's produced by 200 US households in a year -- sparking accusations of ...
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 u… ...
In light of President-elect Donald Trump ‘s commitment to trim U.S. government expenditures, the World Bank, currently under investigation for the misplacement of $24 billion in climate funds ...
Now, a second World Bank source said there is “lots of anxiety” at the global body after the 78-year-old real estate mogul crushed Kamala Harris on Nov. 5 with a resounding electoral college win.
The World Bank and African Development Bank’s joint initiative to expand energy access to 300 million more people in Africa is a welcome contribution to this effort. However, the Bank should be ...
The World Bank, the world’s largest international development organization, has long faced criticism for a host of perceived shortcomings, including imposing coercive conditions on its loans to ...
WASHINGTON, June 2 (Reuters) - The World Bank's new president Ajay Banga on Friday asked the lender's 16,000 staff to "double down" on development and climate efforts as he seeks to accelerate the ...
The World Bank's board of governors on Wednesday elected former Mastercard CEO Ajay Banga to a five-year term as president, ushering in an Indian-born finance and development expert to revamp the ...
Ajay Banga, President Biden’s pick to be president of the World Bank and broaden its ambitions to combat climate change, was approved by its executive board on Wednesday. Mr. Banga will assume ...
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