Keywords: World bank
A potential escalation of conflict involving Iran could drive an additional 60 million people into acute food insecurity, according to World Bank chief economist Indermit Gill. The warning comes as global economic shocks from the conflict begin to ripple across energy, agriculture, and trade systems. Gill......
Lebanese Finance Minister Yassine Jaber has travelled to Washington to take part in the annual spring meetings of the International Monetary Fund (IMF) and the World Bank (WB), which will be held from April 13 to 18. He is leading a Lebanese delegation that also includes the Minister of Economy Amer......
Global finance leaders are preparing to meet in Washington this week as the ongoing conflict in the Middle East continues to cast uncertainty over the global economy, adding pressure to already fragile recovery prospects. The International Monetary Fund and the World Bank are expected to revise downward......
The World Bank has cautioned that risks surrounding India’s projected economic growth remain tilted to the downside, despite a generally stable macroeconomic environment. India’s economy is expected to grow by around 6.6% in the 2026–2027 fiscal year, maintaining its position among......
Economic prospects for the Western Balkans are expected to strengthen in the coming years, supported by rising exports and increased public investment, according to projections from the World Bank. The region—comprising Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia, and......
Emerging and developing economies across Europe and Central Asia are expected to experience slower growth this year, according to a new assessment by the World Bank. The report highlights the impact of rising energy prices, driven in part by geopolitical tensions in the Middle East, which have disrupted......
As Türkiye prepares to host the 31st United Nations climate conference later this year, its designated climate envoy has intensified international outreach efforts in the United States. The upcoming summit, widely known as COP31, is scheduled to take place in November, with main events in Antalya......
China holds the top position among nations with the largest foreign exchange reserves, according to recent data from global financial rankings. The country boasts reserves exceeding $3 trillion, a figure that significantly outpaces its closest competitors and underscores its economic dominance on the......
Shopkeepers in Tehran's Grand Bazaar and key commercial zones such as Lalehzar Street, Jomhouri, and the Shush wholesale district shuttered their stores on Sunday and Monday, bringing business to a standstill amid escalating economic discontent. Social media footage captured large crowds chanting......
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