A new report outlined how a major escalation of the conflict between Israel and Hamas could fuel a new bout of inflation.
Tag: World Bank
Fragile Global Economy Faces New Crisis in Israel-Gaza War
A war in the Middle East could complicate efforts to contain inflation at a time when world output is “limping along.”
Yellen May Face Questions in Morocco Over U.S. Dysfunction
Treasury Secretary Janet Yellen calls on Congress to authorize more economic support for Ukraine.
Europe Vowed to Make Russia Pay for the War. It’s Not That Easy.
Confiscating Russian state assets frozen by the United States and Europe could breach international law and set a dangerous precedent, experts say.
Global Climate Economy Conference Begins in Paris
Hundreds of representatives from about 80 countries are gathering in Paris to talk about rebuilding a monetary system many say is ill-suited to a changing planet.
World Bank Projects Weak Global Growth Amid Rising Interest Rates
A new report projects that economic growth will slow this year and remain weak in 2024.
Pressure Mounts on China to Offer Debt Relief to Poor Countries Facing Default
There was optimism at the spring meetings of the I.M.F. and World Bank that China will make concessions over restructuring its loans.
IMF Lowers Growth Outlook Amid Financial System Tremors
The International Monetary Fund says a painful slowdown, which could include a recession, has become a bigger risk for the global economy.
The World Bank Is Getting a New Chief. Will He Pivot Toward Climate Action?
Under pressure from world leaders, development experts and shareholders, the bank opens its spring meeting on Monday, poised for big changes.
Your Monday Briefing: Leaked U.S. Intelligence
Also, China conducts drills near Taiwan and the World Bank prepares for changes.