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News about World Bank
Asia
“Severe recession”: the specter of “total war” looms over the global economy
When the war between Israel and Hamas in the Gaza Strip broke out on the seventh of October last year, the business and investor...
Economy
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...
Economy
Brics Summit: A Futile Pursuit? The Idea of a Common Currency Dismissed as ‘Ridiculous’
Johannesburg, South Africa (TEH) - The idea of a common currency for the BRICS nations (Brazil, Russia, India, China, and South Africa) has been...
Middle East
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...
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Foreign Affairs
The World Bank warns… The shadow of financial risks hangs over the future
The bank revised that forecast at its spring meetings to 2%, according to David Malpass, former president of the World Bank. The bank...
Middle East
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...
Government and Politics
World Bank. Debt will lead to severe decline in growth in developing countries
Malpass said: "Global development is facing enormous challenges such as high inflation and high interest rates, in addition to very high levels of debt,...
News
HSBC triples its profits in the first quarter of 2023
And the bank said it realized an increase in pre-tax profits of $8.7 billion in the first quarter of 2023 to $12.9 billion, from...
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Asia
Ajay Banga all set to lead World Bank: US
Washington. Indian-American business magnate Ajay Banga is an exceptional candidate and he is well-prepared to lead the World Bank at a very critical...
Asia
US, EU and UK officials discussed circumventing Russian sanctions with bankers
Senior government officials from the United States, Europe and Britain met with financial institutions on Thursday to brief them on Russia's efforts to evade...
Asia
US Treasury chief urged to continue helping Ukraine
US Treasury Secretary Janet Yellen on Wednesday called for continued significant assistance to Ukraine in the fight against the Russian invasion and praised Ukrainian...
Asia
China dealt a blow, obstructed the appointment of Indian-origin Sikh entrepreneur as World Bank Chief
New Delhi. China on Wednesday raised doubts over the backing of eminent Indian-American entrepreneur Ajay Banga to become the President of the World Bank....
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How Proxies Can Revolutionize Your Internet Security: A Deep Dive
Today’s digital reality demands robust cyberspace security. The complexity of cyber threats obliges individuals and organizations to improve their...
Who needs a “peace summit” on Ukraine – Europe, US or its just a game of numbers?
In two months, a significant diplomatic event is anticipated - the resumption of negotiations to address the situation in...
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Is your libido at half mast? These 6 tips can awaken desire
A French study carried out at the beginning of February 2024 by Ifop highlighted a clear decrease in the frequency of our sexual relations, while more than a quarter of young French people aged 18 to 24 have not...
Got unusual advice from fertility doctor – ‘Drink his sperm’
Ever since Kourtney Kardashian and Travis Barker, the drummer of Blink 182, made their relationship public in February 2021, they have been keen to show the world how deeply in love they are. Over this past year, they have...
