The Latest Breaking News from the World Bank

The hosts of the most recent UN climate talks are worried international lenders are retreating from their commitments to help boost funding for developing countries' response to global warming.

Bolivia, battling an economic crisis that has plunged it into social unrest, risks defaulting on its loan payments if it does not obtain new foreign financing, President Luis Arce told AFP on Wednesday.

The World Bank cut growth forecasts for 70% of global economies.

The prime minister hopes business groups and unions will unite to address a lagging economy but there are already signs of division before a planned summit.

The dollar index (DXY00 ) Tuesday rose by +0.13%. The dollar recovered from early losses Tuesday and moved higher on signs of progress in the US-China trade talks. On Monday evening, President Trump stated that the US was "doing well with China" and that he was "only getting good reports"...

Defense Secretary Pete Hegseth is fielding sharp questions from members of Congress about his tumultuous start as Pentagon chief, including his sharing of sensitive military details over a Signal chat, in Capitol Hill hearings

The dollar index (DXY00 ) today is down by -0.04%. The dollar gave up an overnight advance and turned slightly lower after the World Bank cut its 2025 global growth outlook. Also, lower T-note yields today have weakened the dollar's interest rate differentials. The dollar today initially moved higher on...

The group has cut its growth forecasts in nearly 70% of all economies — across all regions and income groups.

President Donald Trump’s trade wars are expected to slash economic growth this year in the United States and around the world, the World Bank forecast Tuesday