World Bank
The World Bank is an international financial organization founded in 1945 to provide financial and technical assistance to developing countries. Today, its main goals are to reduce poverty and build shared prosperity.
- Global economy set for decade of gloom – World Bank
The growth of the global economy appears to have peaked, according to a new report from the World Bank. The report shows a lack of investments, a slowdown in productivity and tightening monetary policy.Business News - World Bank no longer to fund oil and gas projects to slow global warming
To boost the global economy’s shift to cleaner energy, the World Bank announced on Tuesday it will stop the financing of oil and gas exploration and extraction starting from 2019.Business News - World Bank assigns $8bn for Silk Road projects
Billions of dollars have been allocated by the World Bank for infrastructure projects in the Chinese Silk Road Economic Belt, according to the bank’s president Jim Yong Kim at the 1+6 roundtable meeting in Beijing.Business News - Global growth to hit seven-year high in 2018 – World Bank
A new report from the World Bank forecasts global economic growth to strengthen to 2.7 percent this year due to a pickup in manufacturing and trade, rising market confidence, and stabilizing commodity prices.Business News
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