The Latest Breaking News from World Bank

The United Nations International Fund for Agricultural Development (IFAD) is in talks with the International Monetary Fund on joining forces on a new financing programme designed to shore up sustainable growth in poorer countries.

The fires that burn excess gas at oil fields, landfills and manufacturing plants pollute the atmosphere more than they are given credit for, University of Michigan scientists found in a recent study.

After statements from the Bank of England and the UK Finance Minister Kwasi Kwarteng on Monday, the British pound recovered slightly on Tuesday morning but remained at its lowest level in decades against the dollar. All eyes will now be on the UK central bank's November meeting and a potential…

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

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

Thailand's economy is expected to grow 3.1% this year, higher than a forecast in June of 2.9%, supported by private consumption and exports, the World Bank said on Tuesday.

Hong Kong stocks opened mixed on Tuesday, with the benchmark Hang Seng Index edging 0.05% lower and investors searching for cues, as global markets continued to bleed in the aftermath of the U.S. Federal Reserve’s aggressive rate hike and projections.

World Bank is latest financial institution to slash Chinese economic forecast

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