The Latest Breaking News on World Bank

UN farm fund in talks with IMF to join forces on resilience trust -president

The United Nations International Fund for Agricultural Development (IFAD) is in talks with the International Monetary Fund on joining forces…

Reuters

Michigan researchers use planes to find major undercounted source of climate pollution

The fires that burn excess gas at oil fields, landfills and manufacturing plants pollute the atmosphere more than they are…

Tribune News Service

3 million children may miss a semester in flood-hit Pakistan

Pakistani officials say almost 3 million children in flood-hit areas may miss at least one semester because of damage the…

The Independent UK

Read news from The Economist, FT, Bloomberg and more, in one place.

World Bank Cuts 2022 East Asia Growth Outlook

Economic growth in East Asia and the Pacific will weaken sharply in 2022 due to China's slowdown, but the pace…

Asharq Al-Awsat

World Bank report upgrades Thai growth for 2022 to 3.1%

The World Bank has increased its forecast for Thai economic growth this year to 3.1% from 2.9%, according to its…

Bangkok Post

Teachers' strike and soaring fees: Lebanon’s public school pupils miss class

School teacher Claude Koteich, her teenager daughter and 10-year-old son should have all been back in class weeks ago –…

Reuters

Sterling recovers after dramatic fall but remains at historic low

After statements from the Bank of England and the UK Finance Minister Kwasi Kwarteng on Monday, the British pound recovered…

France 24

China growth lags Asia-Pacific for first time in decades as World Bank cuts outlook

East Asia and Pacific annual growth forecasts downgraded from 5% to 3.2% as China’s economy cools, largely due to zero-Covid…

The Guardian - AU

World Bank slashes economic outlook for Asia over China slowdown

The Washington-based lender expects the region to grow 3.2 percent in 2022, down from a 5 percent forecast in April.

Al Jazeera

Read news from The Economist, FT, Bloomberg and more, in one place.

World Bank forecasts Thai GDP growth at 3.1% this year

Thailand's economy is expected to grow 3.1% this year, higher than a forecast in June of 2.9%, supported by private…

Bangkok Post

Alibaba, JD, Nio Mixed: Hang Seng Muted As Investors Await Cues, Gloomy World Bank Forecast For China Weighs

Hong Kong stocks opened mixed on Tuesday, with the benchmark Hang Seng Index edging 0.05% lower and investors searching for cues,…

Benzinga

China growth to fall behind rest of Asia for first time since 1990

World Bank is latest financial institution to slash Chinese economic forecast

Financial Times

First Thing: Giorgia Meloni hails ‘night of pride’ in Italian elections

Far-right leader poised to become Italy’s first female prime minister. Plus, the gallery letting insects run wild

The Guardian - UK

From analysis to the latest developments in health, read the most diverse news in one place.

‘Ridiculous is the only word for it’: Trump-loyal World Bank head faces resignation calls after climate comments

World Bank president David Malpass is facing backlash following his ambiguous remarks on the climate crisis.

Crikey

World Bank pledges $2 billion in aid to flood-hit Pakistan

The World bank has said that it will provide $2 billion in aid to Pakistan for reconstruction and rehabilitation, it…

Livemint

World Bank Pledges $2 Billion for Flood-ravaged Pakistan

The World Bank said it will provide about $2 billion in aid to Pakistan, ravaged by floods that have killed…

Asharq Al-Awsat

World Bank pledges $2 billion for flood-ravaged Pakistan

The World Bank says it will provide about $2 billion in aid to Pakistan, ravaged by floods that have killed…

The Independent UK

Head of World Bank under pressure after White House condemns his ‘climate denial’ comments

David Malpass apologises after saying he ‘doesn’t know’ if he accepts climate science

The Guardian - UK

World Bank boss says he will not quit over climate change remarks

World Bank President David Malpass said he will not resign after coming under criticism for his remarks earlier this week…

Irish Independent

From analysis to the latest developments in health, read the most diverse news in one place.

After 600 cold-emails, 80 calls, this SRCC alumni landed a job at World Bank

Vatsal Nahate, who studied at Yale University, had to make 2 cold calls each to find a job

Livemint

Capitalism is bad for your health: study

A new study reveals that the rise of capitalism has coincided with worse living conditions — unless regulated

Salon

World Bank head says he's not a climate denier, won't quit

World Bank President David Malpass says he won’t resign after coming under criticism for his remarks earlier this week regarding…

The Independent UK

White House rebukes World Bank chief in climate row

Washington (AFP) - The White House on Friday rebuked the head of the World Bank David Malpass, who is battling…

AFP

World Bank president should 'not mince words' on climate -White House adviser

A top climate adviser to President Joe Biden on Friday said the head of the World Bank should "not mince…

Reuters

World Bank president declines calls to step down

“It was a poorly chosen line, I regret that, because we as an organization are using the science every day."

Axios