The Latest Breaking News from World Bank

Predicting a difficult year ahead, bank revises nation’s growth from 4 percent last year to 2 percent in current fiscal.

The French government's plan to raise the retirement age from 62 to 64 has many people worried, especially those who work in physically demanding professions. Though the government says there will be possibilities for early retirement based on working conditions, we meet French metalworkers who remain concerned about their future.…

The cost of living continues to climb and employers are still scrambling to find workers, but the Australian share market has jumped 1 per cent thanks to big miners and a rise on Wall Street.

The world is teetering on the brink of recession — the first time in more than 80 years that two global recessions have occurred within the same decade,

The global economy will come “perilously close" to a recession this year, led by weaker growth in all the world's top economies — the United States, Europe and China — the World Bank warned on Tuesday. In an annual report, the World Bank, which lends money to poorer countries for…

The global economy will come “perilously close” to a recession this year, led by weaker growth in all the world’s top economies — the United States, Europe and China — the World Bank warns

Banks are raising their forecasts for China's 2023 GDP growth, even as the country endures a massive COVID wave.

Saudi Arabia will host on Tuesday a round-table meeting of ministers concerned with mining affairs, to discuss the means to build a conscious global mineral sector that meets the increasing demand for strategic minerals. Sixty countries, represented by 40 ministers and 18 high-level officials, will participate in the meeting, along…

Experts say the elections could promote further economic growth and create stability for the kingdom.

Call it the Putin effect: Russia’s war is speeding up the global shift away from fossil fuels

The construction of south Kashmir's longest bridge in Kulgam district is in the final stages and this bridge will be thrown open for commuters next month, an official said on Wednesday. Read on for details: