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The World Bank now expects the region to grow 4.5% this year, but flagged that trade growth outside AI-related goods has been "weak or negative."
The World Bank Group is holding up a financing structure used by Chile's state-owned Codelco as a model for mineral-rich countries seeking to attract long-term…
World Bank President Ajay Banga explains how he's navigating a generational challenge.
The World Bank president, Ajay Banga, has worked to make the development institution a magnet for private capital as donor nations face budget constraints.
The rise and fall of the institution's love for green growth
The economic fallout from the Iran war - higher energy prices and increased uncertainty - will drag down global growth this year, the World Bank said Thursday
Output could grow by just 1.3% under a scenario in which an extended blockage of the Strait of Hormuz helped trigger a sharp fall in equity prices and a steep…
The world economy is weakening as energy prices fuel a new bout of inflation.
The World Bank says that the war is slashing global growth prospects and that a prolonged conflict could tip dozens of developing nations into years of stagnat…
David Malpass' comments come as US President Donald Trump and China's Xi Jinping are due to meet in Beijing.
Iran war is fueling inflation and slowing growth around the world, according to a new report.
Interventionists who think so should read its new report more closely
A year after harshly criticizing these pillars of globalism, the Trump administration has found them valuable to U.S. interests.
Participants at this year's IMF and World Bank spring meetings predicted that economic and financial turbulence would persist for weeks, if not months.
The U.S. government is pressing the world's top development lenders to pivot towards funding critical minerals projects in an effort to bolster a supply chain…
The bank published a report in 1993 which helped disparage industrial policy. Governments were instead encouraged to let markets operate without direction or b…
The dispute stems from a May 2025 decree issued by Guinea's president that revoked more than 50 exploration and mining permits.
Massimiliano Cali, who works in the bank's Middle East and North Africa unit, filed the federal lawsuit on Wednesday on behalf of his wife, UN Special Rapporte…
It is possible that the potential growth rate, a key reading for policymakers, is higher than currently estimated, the World Bank's deputy chief economist said.
Global bank leaders signaled support for Federal Reserve Chair Jerome Powell amid the Trump administration's apparent criminal investigation into testimony he…
The global economy was set to grow more rapidly than previously expected, but is nonetheless on course for its weakest decade in half a century, according to t…
The World Bank says rebuilding Syria after over a decade of civil war could cost about $216 billion
When nations face a fiscal emergency they turn to the International Monetary Fund (IMF). When they need capital to build roads, energy grids, or water sanitati…
The BBC's Michelle Fleury looks at what to expect from the gathering of top bankers and finance ministers.
Mainland China and South Korean markets are closed for the holidays.
The World Bank now projects 4.8% growth for China, up from 4.0% predicted earlier this year.
The 39 economies classified as facing conflict or instability are set to be home to 60% of those who live in extreme poverty by 2030.
'So much for alleviating poverty'
The US, Japan and the euro area are all expected to have lower growth as Trump's tariffs bite.
"This would mark the slowest rate of global growth since 2008, aside from outright global recessions," the World Bank said of its forecast.
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