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The Latest Breaking News from the World Bank

Iran’s Revolutionary Guard control the economy - here's why the currency suffers

In Iran, access to a stable, state-set currency exchange rate is reserved for a privileged few — and economic networks linked to the Revolutionary Guard sit closest to the front of the queue.

Euronews

Enough fresh water is lost from continents each year to meet the needs of 280 million people. Here's how we can combat that.

Earth's continents are losing 4 Olympic swimming pools' worth of fresh water every second, with dire consequences for jobs, food security and water availability.

LiveScience

2025 Commodity Markets: A Wild Ride Wraps Up, All Eyes on 2026

Man, 2025 was a wild ride in commodities. Prices were down 7% overall per the World Bank, thanks to weak growth, oversupply, and all those tariff/election headaches. But hey, not total doom... precious metals absolutely crushed it.

Barchart

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Rich, western countries face a stark choice: 6-day workweeks or more immigration, top economist warns

One of the world’s foremost economists, Lant Pritchett, has a plan.

Fortune

The Asian Infrastructure Investment Bank's first president defends China's role as 'responsible stakeholder' in a less multilateral world

Jin Liqun, the first president of the AIIB, talks international cooperation, infrastructure, and investment in an interview with Fortune.

Fortune

Bill Kingdom obituary

Other lives: Leader of water supply and sanitation projects for the World Bank

The Guardian - UK

New investments push Trans-Caspian Corridor into its next phase

At the Tashkent Investors Forum, officials detailed new rail, port, and digital upgrades, stressing that coordinated reforms and harmonised border systems are essential for scaling the corridor.

Euronews

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Factory farming in Africa: development banks see it as a good idea, but it’s bad for the climate

In sub-Saharan Africa, pastoral livestock farming – where cattle, goats and sheep roam freely across grasslands, grazing at will – has been the main form of livestock production. It has been a source of livelihoods for centuries, if not millennia.

The Conversation

The Poorest Country In The World And 14 Others Facing Dire Hardship

The Poorest Country In The World And 14 Others Facing Dire Hardship. Explore the 2025 list of the poorest nations by GDP and GDP per capita. What factors impact their economy?

Bored Panda

Why an ASEAN power grid is key to tapping Southeast Asia's green potential

A regional grid may be pricy, but it can help export green power where it needs to go—and boost regional cooperation too.

Fortune

What exactly is climate finance? Who pays it? And who gets it?

Richer countries have agreed to give poorer nations hundreds of billions to cut emissions, but details can be hard to find

The Guardian - UK

How could Tropical Forest Forever fund proposed at Cop30 tackle deforestation?

Scheme aims to raise $125bn to invest in bonds, with returns used to reward tropical countries for conservation

The Guardian - UK

Experts call for new taxes on worst polluters to help poorer nations with climate crisis

Report to be discussed at Cop30 says global agreements should target carbon intensive activities and ‘ultra high net worth individuals’

The Guardian - UK

African countries need strong development banks: how they can push back against narratives to weaken them

A quiet but consequential contest is playing out in the global financial architecture. One that could determine Africa’s ability to finance its own development.

The Conversation

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The Guardian - US

Only 3% of international climate aid going to transitioning communities: ‘This is absurd’

New report on funding to slash carbon emissions finds startlingly low engagement with the people affected

The Conversation

Lasting peace and recovery in Gaza depends on local participation, not just ceasefires

Two years into the Israeli war in Gaza, world leaders recently gathered in Sharm El-Sheikh, Egypt, to deliberate on a long-awaited peace plan to end the conflict.

The Independent UK

Rebuilding devastated Gaza after two years of war is a monumental task. Who is going to pay for it?

Donald Trump has declared peace in the Middle East and secured a fragile ceasefire. What happens next is not so clear, James C. Reynolds reports

International Business Times

Rebuilding Wrecked Syria Vital For Regional Stability: UN

After 14 years of destruction, Syria must be swiftly rebuilt to bring stability to the country and the wider region, a top UN official in the war-ravaged nation told AFP. Reconstruction is one of the most significant challenges facing Syria's new Islamist authorities after the overthrow of longtime ruler Bashar…

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Euronews

Estimated €185bn needed to rebuild Syria after 14 years of civil war, World Bank says

Syria's civil war began in 2011 when mass protests against the government of then-President Bashar al-Assad were met with a brutal crackdown and spiralled into armed conflict.

The Independent UK

World Bank estimates $216B needed to rebuild Syria after civil war

The World Bank says rebuilding Syria after over a decade of civil war could cost about $216 billion

The Independent UK

Madagascar's president rose to power off youth discontent and was taken down by it

Andry Rajoelina, once a young mayor who led protests against Madagascar's government, has been ousted as president

Fortune

Trump bet China would face ‘tremendous difficulties’ without U.S. consumers—Beijing just focused on the rest of the world instead

China’s trade diversification has been so successful that its export market is growing significantly despite the trade war.

The Independent UK

Opposition leader Patrick Herminie wins presidential runoff election in Seychelles

Official results show that opposition leader Patrick Herminie has won the presidential election in Seychelles, defeating incumbent leader Wavel Ramkalawan in Saturday’s runoff vote

International Business Times

New Prime Minister Inspires Little Hope In Protest-hit Madagascar

President Andry Rajoelina's appointment of an army general as new prime minister was met with little enthusiasm in Madagascar Tuesday, as protesters gathered again ahead of a looming deadline set by the youth-led movement for a national strike.

The Guardian - UK

Madagascar president who took power in coup accuses protesters of trying to trigger another one

Young people take to streets to voice anger at water and power cuts, and corruption in political system

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