World Bank Cuts South Asia Outlook on Trump Tariffs to India

The World Bank cut its forecast for South Asia’s economic growth by nearly a percentage point, as punishing US tariffs on ...
Wane

Inquiry puts ex-World Bank officials under scrutiny on China

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. WASHINGTON (AP) — Former officials of the ...

As World Bank faces scrutiny, U.N. chief warns lenders over fossil fuels

United Nations Secretary-General Antonio Guterres on Monday urged development banks to stop backing fossil fuel projects, after a report found the World Bank had invested $12 billion in the sector ...

World Bank cuts 2020 GDP forecasts for Georgia, Armenia and Azerbaijan

The World Bank has cut its 2020 economic growth forecasts for Georgia, Armenia and Azerbaijan because of the coronavirus crisis but expects the three South Caucasus nations to recover next year.