News

World Bank Ends Its Ban on Funding Nuclear Power Projects
The decision, a major reversal, could help poorer nations industrialize, cut planet-warming emissions and boost U.S.
World Bank to end ban on nuclear energy projects, still debating upstream gas
The World Bank's board has agreed to end a longstanding ban on funding nuclear energy projects in developing countries as ...
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World Bank ends ban on funding nuclear energy
The World Bank is ending its long-standing ban on providing funding for nuclear energy projects - and will be open to ...
World Bank Lifts Ban on Nuclear Power, Considers Upstream Gas
The World Bank’s board lifted its ban on supporting nuclear power, and is discussing whether to fund natural exploration and ...
World Bank slashes global growth forecast
The economic war launched by US president Trump against the rest of the world, with China the principal target, was the main factor driving the downgrade of forecasts made barely six months ago.
World Bank Forecast Underscores Cost of U.S. Trade War
Along with a sharply downgraded projection for global output this year, it urged a “course correction” on trade to help ...
Myanmar Recovery Dented by Devastating Quake, World Bank Says
Myanmar’s economy is headed for its worst performance since the pandemic as the strife-torn country reels from the impact of ...
World Bank backs Trump’s gripe over other nations’ higher tariffs on U.S. goods
The World Bank said the U.S. economy in 2025 will grow 1.4 percent, 0.9 percentage points slower than its January forecast.
Can this former CEO fix the World Bank and solve the world’s climate finance and debt crises as the institution’s next president?
The job of leading that reform now falls to Ajay Banga, an Indian American businessman and former CEO of Mastercard who was nominated by President Joe Biden to replace resigning World Bank President ...