Browsing: World Bank

FAO warns the Strait of Hormuz closure is straining energy, fertilizer and agrifood systems, raising concern over global food costs.

Brussels became the latest venue for a renewed two-state effort as countries linked Palestinian governance with Gaza recovery planning.

OECD lifts 2025 global growth forecast to 3.2 percent but warns U.S. tariffs, slowing demand and trade tensions could weigh on economies in 2026.

The World Bank Group’s Global Digital Summit highlights efforts to enhance digital public infrastructure and close the digital gap worldwide.

US Treasury Secretary Scott Bessent’s absence at G20 fuels fears of an American retreat from the IMF and World Bank, raising concerns over global financial stability.

The World Bank reaffirms confidence in India’s economic growth, citing strong resilience, investment appeal, and progressive policies that drive the country’s global economic leadership.

OPEC Fund signs its first loan agreement with Montenegro, committing €50 million to bolster fiscal sustainability, climate action, and green projects, with support from the World Bank and AfD.

The UAE is projected to see GDP growth of 3.3% in 2024 and 4.1% in 2025, driven by a robust non-oil sector, according to the World Bank’s latest MENA Economic Update released today.

The WHO has warned of rising pandemic threats in a report highlighting recent disease outbreaks, including Marburg virus, Mpox, and avian influenza, and urges stronger global preparedness.

UN’s Summit of the Future will address sustainable development, financial reform, and youth engagement, with a focus on fostering global peace and regional cooperation.