World bank
World Bank warns of 16% rise in commodity pricing over Hormuz closure
World Bank forecasts a 24% rise in energy prices in 2026, driven by the Iran conflict and the continued closure of the Strait of Hormuz, affecting global markets.
A new Marshall Plan: Israel, Gulf States in a new Middle East development plan - opinion
Kosovo to hold election in bid to end year-long political impasse
World Bank, in letter to US, backs draft UN resolution on Gaza
Outlook for Palestinian economy ‘bleak,’ World Bank says
The report attributed the slowing Palestinian economy in part to restrictions on mobility, imports, and trade imposed by Israel.
Biden's pick to lead World Bank, Ajay Banga, is gaining support
Ajay Banga, an Indian-born American former business executive, is gaining momentum to head the World Bank.
COP27: Israel harnessing DNA of bygone wild crops to enhance food supply
Scientists in Israel are creating a gene bank from the seeds of local wild crops, some which have survived for thousands of years since the birth of agriculture.
Poverty in Ukraine has increased tenfold since start of war - World Bank
Russia's attacks on civilian infrastructure in Ukrainian cities away from the front lines will complicate the dire economic situation facing the country.
World Bank accuses Lebanese politicians of cruelty over deposit promises
Lebanon is in the third year of a financial meltdown that has left eight in ten people poor.
Despite political instability, Israel in healthy state for coming economic storm
Israel is expected to grow in 2022 by 4.8%, compared with 4.9% in the previous forecast – a minor decline that most Western countries would be more than willing to accept.
Palestinians need stronger ties to Area C, World Bank said
"Area C remains key to Palestinian economic development but access to this area remains severely limited," the World Bank said.
IMF expects 'significant' pledges for new Resilience and Sustainability Trust
Officials expected significant pledges to come in, although it could take longer to reach the full target, Craig Beaumon said.
World Bank preparing $1.5 billion aid package for Ukraine
"The World Bank was created in 1944 to help Europe rebuild after World War II. As we did then, we will be ready to help Ukraine with reconstruction when the time comes," WB president said.
World Bank halts Russia programs as ICC war crimes investigation begins
The decision came as the US issued further sanctions against Moscow on Wednesday.
