Petrol and food prices will fall thanks to oil glut, says World Bank
Petrol and food prices are expected to decrease over the next two years due to increased oil production, easing consumer cost pressures.
Yellen Rebukes Chinese Lending Practices in Call for Debt Relief
Yellen criticized China's lending practices and called for swift global debt relief for disadvantaged nations to support their development efforts.
Poorest countries in worst financial shape since 2006, World Bank says
Low-income countries are economically worse off post-COVID-19, requiring significant investment to meet development goals and recover from deepening debts.
The U.S. economy is strong enough to support global growth of 2.6% this year
The World Bank upgraded its global economy outlook to 2.6% due to strong growth in the United States, despite challenges like heavy debts and trade barriers.
World Bank warns 108 countries risk being stuck in middle-income trap'
Emerging market countries at risk of middle-income trap without radical growth strategies.
Malaysia could reach high-income status by 2028, World Bank says
Malaysia on track to achieve high-income status by 2028 due to improved economic growth and reforms.
World Bank Sees Rosier Growth Outlook
The World Bank raised its global economic growth outlook while cautioning against the impact of new trade barriers and protectionist policies.
Russia's war-driven economy is so hot that the World Bank upgraded it to a 'high-income country'
Russia's economy classified as high-income by World Bank due to military activity.
The U.S. economy is strong enough to support global growth of 2.6% this year
The World Bank upgraded its global economy outlook to 2.6% due to strong growth in the United States, despite challenges like heavy debts and trade barriers.
World Bank warns 108 countries risk being stuck in middle-income trap'
Emerging market countries at risk of middle-income trap without radical growth strategies.
Malaysia could reach high-income status by 2028, World Bank says
Malaysia on track to achieve high-income status by 2028 due to improved economic growth and reforms.
World Bank Sees Rosier Growth Outlook
The World Bank raised its global economic growth outlook while cautioning against the impact of new trade barriers and protectionist policies.
Russia's war-driven economy is so hot that the World Bank upgraded it to a 'high-income country'
Russia's economy classified as high-income by World Bank due to military activity.
India's Crypto Discussion Paper on Hold Due to Other Priorities
India has delayed releasing a crypto discussion paper due to higher priorities such as global meetings and upcoming elections.
World Bank Pulls Advertising From Twitter/X Over Ads Appearing Under Racist Content
The World Bank withdrew all its ads from Twitter/X after they were placed alongside white supremacist content, highlighting concerns over platform safety protocols.