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The Latest Breaking News from the World Bank

Venezuela Talks Lock In Round 3 for October, Collides With Doral's TPS Deadline

Venezuela's talks head to a third round in October — the same month Doral's last TPS protections and remittance relief expire.

Latin Times · 49m ago

Adriana Kugler: What America's Jobs Data Misses, and How to Fix It

The former Federal Reserve Governor argues that faster, richer labor market data will come from combining public and private sources, not choosing between them.

International Business Times · Sep 24

Trump Got the Photo Op. The IMF, World Bank and IDB May Decide Venezuela's Comeback

Trump and Delcy Rodríguez met at the UN with no deals disclosed. Her talks with the IMF, World Bank and IDB may shape Venezuela's recovery more.

Latin Times · Sep 23

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In 2003, Mexico's Salinas Victoria used landfill methane to tackle waste pollution; the result made 7 MW, powering 25,000 homes and Monterrey’s public transport network daily

Salinas Victoria experience also showed how waste management and energy planning can intersect. The World Bank reports that the plant eventually supplied almost 60% of the energy needed for public street lighting, public buildings and drinking-water pumping in the Monterrey metropolitan area, while covering about 80% of the energy requirements…

The Economic Times · Sep 20

Bolivia Rushed an IMF Loan Through Congress Right Before Paz's UN Debut — Here's Why

Rodrigo Paz heads to his first UN speech backed by a new $1.9B IMF loan that forces Bolivia to end fuel subsidies. Here's what's driving the trip.

Latin Times · Sep 20

Bolivia slashes diesel subsidies as its Congress ratifies $1.9 billion IMF deal to ease deep economic crisis

La Paz hopes the deal, awaiting final authorisation by the IMF’s executive board, will open other lines of finances from different institutions, like the World Bank, as the country works to restore its struggling credit status.

Euronews · Sep 19

Global leaders urged to join initiative to fight extreme inequality

More than 1,500 academics and economists sign letter, calling growing gap between richest and poorest ‘a policy choice that can be reversed’

The Guardian - UK · Sep 18

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World Bank mobilises $112 billion in private capital for developing nations

The World Bank mobilised $112 billion in private capital for developing nations last year. This significant increase reflects a strategic shift due to donor funding limitations. Private capital mobilisation now nearly matches the World Bank Group's own lending efforts. The bank employs various methods to de-risk and incentivise private investment.…

The Economic Times · Sep 17

UK should not shy away from the ‘moral purpose’ of foreign aid, new minister says

Kirsty McNeill – the new minister for development, who formerly worked at Save the Children – has emphasised that she is a ‘huge believer in aid’ in two speaking engagements that mark her taking up the post

The Independent UK · Sep 17

Who is Michael Kremer, the Nobel laureate set to become World Bank’s next chief economist?

Nobel laureate Michael Kremer will become the World Bank's next chief economist. He is recognized for his experimental approach to alleviating global poverty. Kremer's work has focused on innovations in education and healthcare. He will assume his new role on October 1st. This appointment comes as the organization faces significant…

The Economic Times · Sep 16

World Bank names Nobel laureate Michael Kremer as next chief economist

Michael Kremer, the distinguished Nobel laureate, is set to assume the role of chief economist at the World Bank. With a robust background in experimental methods targeting global poverty alleviation, Kremer has dedicated his research to groundbreaking strategies aimed at uplifting developing nations. Commencing on October 1, he will tackle…

The Economic Times · Sep 16

EU trade chief to visit Manila to finalise Philippines trade deal

Manila and Brussels have already completed six rounds of talks aimed at reducing trade barriers across a broad range of sectors. The agreement would represent another step in Brussels’ efforts to diversify its trade relationships throughout the Asia-Pacific region.

Euronews · Sep 14

As catches dwindle, Congo River fishermen turn to plastic waste

On the Congo River, plastic is becoming the catch of the day. Some fishermen around Kinshasa, capital of the Democratic Republic of Congo, can now make more money pulling plastic from the water than catching fish, as declining catches and growing waste pollution threaten an artisanal way of life.

Radio France Internationale · Sep 13

Indus Waters Treaty: The 1960 pact that refuses to leave the limelight of India-Pakistan tensions

Indus Waters Treaty Explained: The Indus Waters Treaty faces strain over India's hydropower projects and Pakistan's objections. Following an attack, India placed the treaty in abeyance, which led to military confrontation. An international court ruled the treaty remains in force, but India rejected this decision. India seeks to modify the…

The Economic Times · Sep 4

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Latin Times · Sep 1

Bukele Vows $3B a Year for Education. His Own Budget Says Otherwise — For Now

Bukele pledged 50,000 scholarships and $3B a year for education. Here's how that lines up against El Salvador's debt, growth and remittances.

The Independent UK · Sep 1

India rejects international court’s order directing it to uphold water-sharing treaty with Pakistan

India refuses to recognise existence of ‘illegally constituted’ international arbitration court

The Economic Times · Aug 31

India rejects Indus Waters award, says treaty remains in abeyance; ‘illegal’ court has no say in its actions

In a significant move, India has turned down the arbitration decision related to the Indus Waters Treaty, asserting that the arbitration body formed by the World Bank was not legitimate. Staunchly opposing all previous rulings made by this body, India has never recognized its legal authority. Therefore, the nation's position…

Ballotpedia · Aug 26

Treasury proposes ESG restrictions for Trump Accounts

In this week’s edition of Economy and Society:

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The Economic Times · Aug 25

India’s gig economy is leaving its women behind, study finds

Women remain underrepresented in India’s rapidly expanding gig economy despite near-equal access to basic bank accounts. An ILO-NCAER study cites gaps in digital skills, mobility, safety and social norms as barriers, even as India’s gig workforce is projected to reach 23.5 million by 2029-30.

The Economic Times · Aug 24

In 1953, South Korea emerged from war with 60–70% living in extreme poverty. 71 years later, life expectancy reached 83.7 years with highest education levels anywhere in the planet

Emerging from the ashes of the Korean War, South Korea became a beacon of transformation, where enhanced educational access laid the groundwork for robust economic development. This shift not only propelled industries forward but also significantly improved living conditions, contributing to a remarkable surge in life expectancy. Today, young adults…

The Independent UK · Aug 21

Settlers kill a Palestinian teen in a West Bank clash, and other Middle East developments

Israeli settlers have killed a Palestinian teenager after a rock-throwing incident in the occupied West Bank

The Economic Times · Aug 21

Gujarat pitches AI, GIFT City plans at Chief Minister's US visit, seeks concessional World Bank funding

Gujarat's Chief Minister Bhupendra Patel visited the US to promote the state. He presented Gujarat's vision for becoming a global hub for AI and finance. Patel briefed World Bank officials on GIFT City's development and AI adoption. He also urged for concessional financing for development-oriented projects in Gujarat. The Chief…

International Business Times UK · Aug 19

Togo Joins World Bank's Higher Income Bracket as Five Other Nations Also Climb the Rankings While Others Stay Put

Togo's reclassification to lower-middle income status by the World Bank is driven by a revised population count, not economic growth, highlighting the influence of demographic data on global rankings.

The Conversation · Aug 18

If British voters seem impatient and angry, data shows they might have a point

With seven prime ministers in ten years and the fragmentation of the two-party system, it’s hard to escape the conclusion that UK leaders struggle to hold on to their position. The World Bank ranks nations around the world on governance indicators – and its data show that, on certain metrics,…

Bangkok Post · Aug 18

JSCCIB Joins Forces with Public Sector and World Bank

BANGKOK, THAILAND – August 17, 2026 — The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB), comprising the Thai Bankers’ Association, the Board of Trade of Thailand and the Federation of Thai Industries, in collaboration with the Ministry of Finance, the Bank of Thailand, the National Economic and Social…

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