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 ...

Ajay Banga, pictured here at the 2024 annual meeting, said the goal was to help deliver electricity as a driver of development (Image: Screengrab World Bank video) The change was made at the World ...

Trump’s trade war won’t just cripple domestic markets—it will slow global gross domestic product growth to its lowest point in 17 years. The World Bank’s Global Economic Prospects report ...

The World Bank reduced its growth forecast for the global and U.S. economy to the weakest pace for global output since 2008, citing trade war disruptions sparked by President Trump.

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.

Trump administration says IMF, World Bank ‘falling short’ of missions Treasury Secretary Scott Bessent said the U.S. remains committed to playing a leadership role in the IMF and World Bank ...

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 ...

Bungling World Bank bureaucrats lost track of at least $24 billion bankrolling the battle against climate change, according to a bombshell report by a left-leaning charity group. An investigation ...

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 upgraded its outlook for the global economy and said the “impressive” U.S. economy is powering the world. The latest outlook estimates the global economy will expand 2.6 percent ...

An SDR-denominated, dollar, euro, yen, pound, or even yuan-settled bond issued by the World Bank wouldn’t directly provide what the World Bank needs most – new capital.

The Asia-Pacific region is well-represented with 26 names among the World’s 100 Safest Banks. Singapore leads with three big banks—DBS, Oversea-Chinese Banking Corp. and United Overseas Bank.