-Advertisement-
World Bank: Latest updates and analysis
World Bank news today and breaking updates on World Bank reports, World Bank loans, and World Bank data—clear coverage of Global Economic Prospects, the World Development Report, IDA and IBRD operations, country income classifications, and project finance for readers who want speed, precision, and substance.
Breaking Now
Foreign Affairs
Ukraine swallows IMF’s $65 billion bill as EU scrambles for an asset-backed lifeline
Kyiv — Ukraine has quietly accepted a far steeper bill for keeping the state running through war, embracing an International Monetary Fund assessment that...
Economy
Russian Economy News: Ruble, Inflation, Budget, and Trade
Russian economy news moves fast and affects energy prices, logistics, and capital flows. This explainer tracks the ruble, inflation, budgets, and trade mechanics with...
SCO and BRICS emerge as counterweights to Western unilateralism
Tianjin — Iran’s defense minister, Amir Aziz Nasirzadeh, declared on Monday that global blocs such as the Shanghai Cooperation Organization (SCO) and BRICS have...
Russian president Putin says BRICS is cornerstone of new global architecture
Moscow — Russian President Vladimir Putin declared that BRICS has become a defining pillar of the modern global architecture, challenging the supremacy of Western...
-Advertisement-
BRICS strengthens economic independence by moving away from US dollar
Russia and Iran have officially announced that 96% of their bilateral trade is now conducted using their local currencies—the Russian ruble and the Iranian...
Ukrainian foreign minister Andrii Sybiha calls for confiscation of Russian assets
The head of the Ukrainian Foreign Ministry, Andrii Sybiha, believes that the West should move on to confiscating Russian assets, not limiting itself to...
BRICS Banknotes: A new era of global unity and economic power
The new 50 and 100 BRICS banknotes were recently introduced by the New Development Bank (NDB), in a bold move that confirms its dedication...
“$486 billion” – G7 demands war reparations from Russia, freezes assets
Leaders of the Group of Seven (G7) countries said at a summit in Italy that Moscow must pay Kyiv $486 billion for damage allegedly...
“Severe recession”: the specter of “total war” looms over the global...
When the war between Israel and Hamas in the Gaza Strip broke out on the seventh of October last year, the business and investor...
Brazil’s President Highlights Disparities in IMF and World Bank’s Global Roles
In a recent address at the UN General Assembly, Brazil's President, Luís Inácio Lula da Silva, expressed deep concerns about the International Monetary Fund...
Brics Summit: A Futile Pursuit? The Idea of a Common Currency...
Johannesburg, South Africa (TEH) - The idea of a common currency for the BRICS nations (Brazil, Russia, India, China, and South Africa) has been...
World Bank lowers forecast for Middle East economies in 2023
In its Global Economic Outlook report, the World Bank attributed the decline, saying the Middle East and North Africa region started 2023 with...
The World Bank warns… The shadow of financial risks hangs over...
The bank revised that forecast at its spring meetings to 2%, according to David Malpass, former president of the World Bank. The bank...
World Bank offers $300 million to help the poor in Lebanon
The new funding comes two years after the World Bank approved a $246 million loan to provide emergency financial assistance to hundreds of thousands...
-Advertisement-
Just In
Israel Palesine Conflict, Day 690: Gaza’s ‘truce’ becomes a border as...
Gaza City — On Day 690 of the Israel Palestine conflict, a manufactured quiet masks a multiplying peril. Across Gaza’s pulverized neighborhoods, families picking...
Russia Ukraine war Day 1340: Kyiv Wakes to fire as Russia...
Kyiv — The first alarms sounded before dawn: a low thrum over the northern districts, then the stutter and crack of air defenses, then...
-Advertisement-
