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World Bank officials — under fire for losing track of $24 billion in climate funds — are panicking over the prospect of severe budget cuts as President-elect Donald Trump pledges to slash US ...
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 ...
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, is ...
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.
A staggering $41 billion in climate funds may be unaccounted for, and the World Bank is under fire for its questionable record-keeping practices. With such a large amount of money at stake ...
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 World Bank, created in 1944 to rebuild postwar Europe, is the world’s largest multilateral lender. It funds a range of projects for poor countries and emerging economies, ...
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.
The World Bank Group is transforming its role as a Knowledge Bank to help countries meet new challenges in development. By strengthening its knowledge architecture, harnessing the power of knowledge ...
The World Bank on Tuesday slashed its global growth forecast for 2025 by four-tenths of a percentage point to 2.3%, saying that higher tariffs and heightened uncertainty posed a "significant ...
During the World Bank Group-International Monetary Fund Annual Meetings that took place from October 9-15, we brought you live events focusing on what it takes to end poverty on a livable planet. Ajay ...