The Latest Breaking News from the World Bank

Indonesia’s current account deficit pressures the middle class, forcing them to use their savings. The rupiah’s volatility has increased import costs, reducing household expenditure. Additionally, 81,290 layoffs between 2024 and 2025 and a significant decrease in middle class spending, from 21.45% in 2019 to 17.13% in 2024, paint a bleak…

Exclusive: An au pair from Indonesia claims in a lawsuit obtained by The Independent that the couple refused to let her leave the house without their permission and threatened to have her deported if she told anyone about the mistreatment

The World Bank says the cost of reconstruction and recovery for Lebanon following the 14-month Israel-Hezbollah war is estimated at $11 billion

Investor–state dispute settlements don’t just mean growing debt burdens for countries: they are also a barrier to action on the climate crisis

Governor Andrew Bailey cautioned over the ‘major shift’ going on in the US after President Trump imposed trade tariffs on various countries.

IN FOCUS: The evidence shows international aid – when spent correctly – can bring tremendous benefits and save millions of lives, writes expert and author Stefan Dercon. But if helping people cope with deprivation won’t convince the Maga crowd, advocates of aid spending will have to try a different argument

Donald Trump’s animosity toward multilateralism and international organizations is well known. Just hours after taking office on Jan 20, 2025, the U.S. president announced his intention to withdraw from the World Health Organization and the Paris agreement on climate change.

Monday marks three years since Russia launched its full-scale invasion of Ukraine on 24 February, 2022. Alicja Hagopian and Tom Watling report on the many costs of Putin’s war

Israel, seemingly with the US president’s blessing, has kept troops inside Lebanon. Renewed conflict with Hezbollah is looming. Renewed conflict with Hezbollah is looming, says Mohamad Bazzi, director of the Hagop Kevorkian Center for Near Eastern Studies