The Latest Breaking News from World Bank

Invasion of Ukraine ‘intended only as a beginning’, president says, as Moldova summons Russian ambassador over military commander’s comments on breakaway region

Ukraine president warns citizens against handing over personal information, as satellite images of mass graves emerge near Mariupol

Physical damage to Ukraine's buildings and infrastructure from Russia's invasion has reached roughly $60 billion and will rise further as the war continues, World Bank President David Malpass said on Thursday.

G20 countries have provisionally agreed to set up a global fund for pandemic preparedness, likely to be housed at the World Bank.

Russia's refusal to agree to strong language condemning its war in Ukraine prevented the steering committee of the International Monetary Fund from issuing a formal communique during its meeting this week, the chair of the committee said on Thursday.

Iraq’s water resources have plunged 50 percent since last year, due to repeated periods of drought, low rainfall and declining river levels, a government official told AFP on Thursday. Oil-rich Iraq, despite its mighty Tigris and Euphrates rivers, is classified as one of the world’s five countries most vulnerable to…

The United States will give Ukraine another $500 million in to help its government continue critical government operations, doubling the $500 million aid pledge by President Joe Biden in March, U.S. Treasury Secretary Janet Yellen said on Thursday.

The United States will provide $500 million more in financial assistance for Ukraine to sustain critical government operations as it fends off the Russia invasion

Tesla boss could take his takeover offer directly to shareholders, bypassing the Twitter board, as World Bank chief warns of ‘human catastrophe’ from food crisis