The Latest Breaking News from World Bank

The world order is at risk of a lasting split, with the United States and its allies on one side, and China and its partners on the other. As US Treasury Secretary Janet Yellen noted at an Atlantic Council event last month, this outcome is far from desirable, and the…

The World Bank plans to step up assistance to the Solomon Islands with $130 million in new funding for projects and assistance expected to be allocated to the country this month.

A government which decides to borrow – either because it has programmed a budget deficit or needs to refinance maturing debts – faces two, non-mutually exclusive possibilities: borrow domestically in the local currency or borrow externally in a foreign currency.

Thailand's economic activity showed signs of slowing in the second quarter as a result of the higher cost of living, says World Bank Thailand.

Skyrocketing energy and food prices driven by Russia's invasion of Ukraine risk sending the global economy into a recession, according to the president of the World Bank. We take a look at how economic growth has already slowed in Germany. Also, stock markets try to break out of bear market…

Countries such as Vanuatu and Kiribati expected to seek Wang Yi’s support for development and infrastructure.

'Hard right now to see how we avoid a recession'

Ukraine news from May 26: Moscow presses West to lift sanctions against Russia as it tries to shift food crisis blame.

The World Bank's investment arm has continued disbursing funds to some private firms in Ukraine despite the war there and is looking to finance efforts to re-orient the country toward "greening" its economy, the head of the unit said on Wednesday.