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The Latest Breaking News from the World Bank

World Bank, UN estimate Gaza infrastructure damage at $18.5 billion

A new report by the World Bank and the United Nations, based on remote data collection sources, shows that damage to critical infrastructure in Gaza between October and January represents 97 percent of the GDP of the West Bank and Gaza from 2022. In this edition, we see how Israel's…

France 24

World Bank Estimates Damage To Gaza Critical Infrastructure At $18.5 Bn

The World Bank says the Israel-Hamas war has caused damage of around $18.5 billion to Gaza's critical infrastructure, according to a new report published Tuesday.

International Business Times

World Bank To Issue World Bank To Issue Top News Billion Debut Hybrid Note Billion Debut Hybrid Note

The World Bank's innovative hybrid note issuance aims to raise World Bank To Issue Top News Billion Debut Hybrid Note billion for sustainable development projects, diversifying funding sources and attracting...

Top News

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Thailand’s economy stumbles as Philippines, Vietnam, Indonesia race ahead

Thai economy is falling far behind its Southeast Asian peers amid growing middle-income trap fears.

Al Jazeera

World Bank Lowers Thai GDP Growth Forecast To 2.8%

The World Bank revises Thailand's GDP growth forecast to 2.8% due to global uncertainties and domestic challenges, emphasizing the need for strategic measu...

Top News

Ukraine Receives Ukraine Receives Top News.5 Billion World Bank Funding Tranche.5 Billion World Bank Funding Tranche

Ukraine receives Ukraine Receives Top News.5 Billion World Bank Funding Tranche.5 billion funding tranche from World Bank to boost economy and address challenges, highlighting international support and commitment to...

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World Bank report finds imminent risk of catastrophic famine in Gaza Strip

Findings come as UN secretary general calls on Israel to give unconditional access to Gaza for aid relief

The Guardian - UK

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World Bank Approves 0 Million Loan For Costa Rica

World Bank approves 0 million loan for Costa Rica to support sustainable development and economic growth during the pandemic.

Top News

We must address the shocking gender gap at global financial institutions

Letter: Eeshani Kandpal on the dismal lack of women leaders in some of the world’s important organisations

The Guardian - UK

Global Effort To Combat Cervical Cancer Receives 0M Funding

World Bank, Gates Foundation, and UN pledge 0 million to combat cervical cancer, focusing on prevention and treatment in low-income countries.

Top News

World Bank Deems Thai Interest Rates Appropriate And Neutral

The World Bank endorses Thailand's interest rates for economic stability and growth, validating the country's economic policies.

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Zimbabwe Requires Stable Policies For Currency Support: World Bank

The World Bank advises Zimbabwe to adopt predictable policies for economic stability and growth.

Top News

World Bank Aims To Streamline Loan And Investment Guarantees

The World Bank plans to streamline loan and investment guarantees to reach billion annually, supporting global development efficiently.

Top News

The current global order — a fraying around many edges

Reform is essential when it comes to the United Nations, but given the divisions, cosmetic changes may not be enough

The Hindu

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The Guardian - US

Venezuelan migrants boost economies of South American countries, studies find

Benefits for Latin American host nations could be greater still if access to jobs for migrants were increased, research shows

International Business Times

Lebanese Escape Israel-Hezbollah War Fears To Ski Slopes

Days ago, Tala Assaad could hear Israeli strikes near south Lebanon's coastal city of Sidon.

International Business Times

Economy Another Victim Of War In Impoverished Sudan

Before the Sudanese army and paramilitary fighters turned their guns on each other last year, Ahmed used to sell one of Sudan's main exports: gum arabic, a vital ingredient for global industry.

International Business Times

World Bank Approves $300 Mn In New Funding For Afghanistan

The World Bank's executive board has approved $300 million in new funds for Afghanistan, which it will deploy outside the control of the Taliban authorities, the development lender confirmed Thursday.

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Ukraine's Recovery: 6 Billion Needed After Years of War

The World Bank estimates that Ukraine will require 6 billion to recover and rebuild after almost two years of ongoing conflict and war.

The Hindu

CM holds consultation with World Bank representatives

Chief Minister Pinarayi Vijayan held a meeting with the representatives of the World Bank regarding the Resilient Kerala Program for Results being implemented as part of the Rebuild Kerala Initiative, at the conference hall here on Tuesday.

Top News

World Bank CEO Denies IFC Cover-Up of Kenya School Abuse

World Bank denies covering up abuse involving a Kenya school investment, refuting allegations of an IFC cover-up. Details on the controversy at hand.

Evening Standard

Isabelle Thomas: tragic loss of 'warm, vibrant' documentary maker and aristocrat, and wife of the producer of Killers of the Flower Moon

Thomas, who worked in the arts and sciences, died this week

Top News

World Bank Provides Emergency Funds to Countries through Existing Loans

Learn about the World Bank's new initiative to alleviate the financial burden of countries during disasters by offering access to emergency funds from exis...

WEKU

The West Bank economy has been hammered by war

More than three months into Israel's war in Gaza, the economy of the West Bank is reeling. Many fear the economic pain may lead to even more violence in the territory.

Top News

World Bank president discusses conflict, climate change, and AI risks

This content discusses the highlights of the recent World Economic Forum, including discussions on presidential elections, conflicts, climate change, and t...

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