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
IMF, World Bank members look at Gaza reconstruction, challenges ahead
The World Bank, UN and European Union had estimated in February that it would cost more than $50 billion to rebuild Gaza, and are finalizing a new interim estimate of $70 billion.
Paying for the 'day after': Who will fund Gaza’s reconstruction? - opinion
The donors likely to finance Egypt’s plan include a mix of international and regional actors.
World Bank approves $250 million for Lebanon to launch a broader $1 billion recovery
In March, the World Bank estimated Lebanon would need a total $11 billion for reconstruction.
Israel-Hezbollah conflict cost Lebanon $8.5 billion, World Bank says
Lebanon faces estimated economic losses of $5.1 billion over 12 months, driven primarily by heavy impacts on commerce, tourism, and agriculture.
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.
