Finance News – World Bank
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Gas flaring created 389m tonnes of carbon pollution last year, report finds
The excessive burning of natural gas during oil extraction released significant greenhouse gases last year, highlighting financial losses due to inefficient fuel use and inadequate...
Read Full Article →From Australia to Saudi Arabia, these cities are getting smarter by design
Investments in innovative infrastructure and technology across global urban centers are expected to drive economic growth and enhance productivity, reflecting a significant shift i...
Read Full Article →IMF Rejects Pakistan’s Bid to Subsidise Power for Crypto Mining
Pakistan’s efforts to obtain financial support for reducing electricity costs in crypto mining have faced challenges, prompting collaboration with international organizations to de...
Read Full Article →World Bank Cuts Global Economic Growth Forecast Amid Tariff-Fueled Uncertainty
The reduction in the global economic growth outlook reflects concerns about increased trade barriers, which may lead to slower investment, disrupted supply chains, and heightened m...
Read Full Article →Global economy at weakest moment since 2008 Great Recession, World Bank says
Commodity-exporting countries are expected to experience reduced demand, while developing nations may endure prolonged recovery periods due to slower economic expansion influenced...
Read Full Article →World Bank predicts worst decade for global growth since 60s
The anticipated economic slowdown across major economies, influenced by trade restrictions, may lead to reduced investment opportunities and slower income growth worldwide over the...
Read Full Article →World Bank sharply cuts global growth outlook on trade turbulence
The updated forecast indicates a notable slowdown in worldwide economic expansion, reflecting increased uncertainties in international commerce and signaling the weakest growth per...
Read Full Article →Global growth to brake to ‘slowest pace’ since financial crash, World Bank says
The World Bank forecasts a significant reduction in economic expansion rates this year, reflecting widespread setbacks in major markets influenced by escalating trade disputes and...
Read Full Article →World Bank sounds the alarm as tariff wars bite into global growth
The World Bank has lowered its economic growth projections, highlighting that increased trade barriers and heightened geopolitical tensions are significantly slowing the global eco...
Read Full Article →Trade wars to weigh on two-thirds of developing countries, World Bank warns
The World Bank indicates that escalating trade conflicts are likely to hinder economic progress for many developing nations, particularly those outside Asia, potentially limiting t...
Read Full Article →2020s on course to be weakest decade for global economy since 1960s, says World Bank
The World Bank has lowered its projection for worldwide economic expansion, attributing the slowdown to trade conflicts, resulting in the poorest growth outlook for the global econ...
Read Full Article →‘Outdated and unjust’: can we reform global capitalism?
Recent trade tensions have disrupted international markets, prompting countries to reevaluate their economic strategies amid ongoing challenges that highlight deeper issues within...
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