World bank
Israel-Hezbollah conflict cost Lebanon $8.5 billion, World Bank says
Lebanon faces estimated economic losses of $5.1 billion over 12 months, driven primarily by heavy impacts on commerce, tourism, and agriculture.
China, Tanzania, Zambia sign initial agreement on key railway project
World Bank says global growth stabilizing but well below pre-pandemic levels
Palestinian Authority on verge of fiscal collapse as Smotrich withholds funds
World Bank urges rapid cooling of Israel-Gaza conflict as annual meetings start
"We're all just very much taken aback by the magnitude of the casualties on both sides," Anna Bjerde, the World Bank's managing director of operations said.
The global economy is in a difficult place, World Bank chief says
The World Bank last month cut its 2024 forecast for global economic growth to 2.4% from 2.7% earlier, citing global monetary tightening.
Ukraine to receive $1.5b. from World Bank to support reconstruction
The funds will be provided with guarantees from the Japanese government and channeled to support social security and economic development.
Outlook for Palestinian economy ‘bleak,’ World Bank says
The report attributed the slowing Palestinian economy in part to restrictions on mobility, imports, and trade imposed by Israel.
Biden's pick to lead World Bank, Ajay Banga, is gaining support
Ajay Banga, an Indian-born American former business executive, is gaining momentum to head the World Bank.
COP27: Israel harnessing DNA of bygone wild crops to enhance food supply
Scientists in Israel are creating a gene bank from the seeds of local wild crops, some which have survived for thousands of years since the birth of agriculture.
Poverty in Ukraine has increased tenfold since start of war - World Bank
Russia's attacks on civilian infrastructure in Ukrainian cities away from the front lines will complicate the dire economic situation facing the country.
World Bank accuses Lebanese politicians of cruelty over deposit promises
Lebanon is in the third year of a financial meltdown that has left eight in ten people poor.
Despite political instability, Israel in healthy state for coming economic storm
Israel is expected to grow in 2022 by 4.8%, compared with 4.9% in the previous forecast – a minor decline that most Western countries would be more than willing to accept.
Palestinians need stronger ties to Area C, World Bank said
"Area C remains key to Palestinian economic development but access to this area remains severely limited," the World Bank said.
IMF expects 'significant' pledges for new Resilience and Sustainability Trust
Officials expected significant pledges to come in, although it could take longer to reach the full target, Craig Beaumon said.
