Adding to crises like the pandemic, recent stress in the banking system is a new threat to world growth, experts at the organization said.
Tag: World Bank
As Zelensky Visits Kherson, World Bank Says Ukraine Needs $411 Billion to Rebuild
The bank released a significantly higher figure as European Union leaders approved plans to provide Kyiv with one million artillery shells over the next 12 months.
Your Friday Briefing: U.S. Lawmakers Blast TikTok’s C.E.O.
Also, a World Bank estimate on the cost to rebuild Ukraine and a prison sentence for India’s opposition leader.
Biden’s World Bank Pick Looks to Link Climate and Development Goals
Ajay Banga will begin a monthlong “global listening tour” to drum up support for his nomination to be the bank’s next president.
World Bank President, Dogged by Climate Questions, Will Step Down Early
David Malpass, under fire for months by critics who accused him of climate denialism, said he would resign in June, a year before his term ends.
World Leaders Meet as Global Economy Faces Multiple Threats
High inflation, food insecurity and a possible global recession loom large as the Group of 20 summit discussions begin.
At COP27, Plans to Overhaul the IMF and World Bank Gain Traction
As global warming delivers cascading weather disasters, leaders at U.N. climate talks say it’s time to radically overhaul the World Bank and International Monetary Fund.
Credibility Questions Dog World Bank President at Climate Summit
David Malpass has faced continuing criticism from those who question his commitment to climate action as well as the bank’s track record.
20 Nations at High Risk From Global Warming Might Halt Debt Payments
The countries want their collective $685 billion in debts forgiven so the money can be invested in climate projects.
World Bank Leader, Accused of Climate Denial, Offers a New Response
David Malpass touched off a furor, including calls for his removal, when he refused to acknowledge that fossil fuels are warming the planet.