World bank
Lebanese economic recovery in 2025 will be undone by 2026 conflict, World Bank report shows
The report, titled “A Conflict-Torn Economy,” estimated that Lebanon’s real gross domestic product (GDP) expanded by 4.2% in 2025, marking its strongest growth since 2019.
Africa's trade vision meets reality as customs, regulations collide - explainer
EU, World Bank funds saved Palestinian Authority from economic collapse, INSS finds
Death toll of Venezuelan earthquakes surpasses three thousand amid criticism of slow state aid
China, Tanzania, Zambia sign initial agreement on key railway project
President Xi Jinping witnessed the signing of the memorandum of understanding on a Tanzania-Zambia railway project with the Tanzanian and Zambian presidents.
World Bank says global growth stabilizing but well below pre-pandemic levels
Increasing trade restrictions driven by geopolitical rivalries also could hamper the recovery of global trade volume growth, which was barely perceptible last year at about 0.1%.
Palestinian Authority on verge of fiscal collapse as Smotrich withholds funds
The World Bank warned that the fiscal situation of the PA has "dramatically worsened in the last three months, significantly raising the risk of a fiscal collapse."
World Bank urges rapid cooling of Israel-Gaza conflict as annual meetings start
"We're all just very much taken aback by the magnitude of the casualties on both sides," Anna Bjerde, the World Bank's managing director of operations said.
The global economy is in a difficult place, World Bank chief says
The World Bank last month cut its 2024 forecast for global economic growth to 2.4% from 2.7% earlier, citing global monetary tightening.
Ukraine to receive $1.5b. from World Bank to support reconstruction
The funds will be provided with guarantees from the Japanese government and channeled to support social security and economic development.
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.
