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The Latest Breaking News from the World Bank

Bolivia Risks Debt Default Without New Funding: President To AFP

Bolivia, battling an economic crisis that has plunged it into social unrest, risks defaulting on its loan payments if it does not obtain new foreign financing, President Luis Arce told AFP on Wednesday.

International Business Times

Nigeria’s economy is growing but rural poverty is rising: 5 key policies to address the divide

The Nigerian economy grew at a robust rate of 3.4% in 2024, the highest it has been since 2019 (except 2021 when the COVID rebound occurred).

The Conversation

‘I’ve lost hope of overturning Uganda’s brutal anti-LGBT+ law thanks to Trump’s aid cuts’

IN FOCUS: Without US funding as leverage, one of Uganda’s most prominent LGBT+ activists Steven Kabuye tells Rachel Schraer, there are few ways to push the country towards change

The Independent UK

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Nvidia CEO Jensen Huang Doesn’t Think The U.S. Has as Big of an Advantage in AI as We Think, ‘Huawei Will Have China Covered’

Nvidia CEO warns U.S. tech export bans may backfire, boosting China’s self-reliance and weakening America’s innovation and economy.

Barchart

How Solving Real Problems Sparked a Business Journey from Armenia to the Global Market

Aram Minasyan has never viewed entrepreneurship as an abstract pursuit. For him, it has always begun with something specific

inkl

World Bank warns the global economy is barreling toward its weakest decade in 50 years

The World Bank cut growth forecasts for 70% of global economies.

Fortune

Business, union divisions threaten to derail PM summit

The prime minister hopes business groups and unions will unite to address a lagging economy but there are already signs of division before a planned summit.

AAP

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Dollar Posts Modest Gains on US-China Trade Optimism

The dollar index (DXY00 ) Tuesday rose by +0.13%. The dollar recovered from early losses Tuesday and moved higher on signs of progress in the US-China trade talks. On Monday evening, President Trump stated that the US was "doing well with China" and that he was "only getting good reports"...

Barchart

The Latest: Hegseth suggests National Guard use for homeland defense will expand under Trump

Defense Secretary Pete Hegseth is fielding sharp questions from members of Congress about his tumultuous start as Pentagon chief, including his sharing of sensitive military details over a Signal chat, in Capitol Hill hearings

The Independent UK

Dollar Little Changed as Markets Await News from US-China Trade Talks

The dollar index (DXY00 ) today is down by -0.04%. The dollar gave up an overnight advance and turned slightly lower after the World Bank cut its 2025 global growth outlook. Also, lower T-note yields today have weakened the dollar's interest rate differentials. The dollar today initially moved higher on...

Barchart

World Bank: Economy set for worst run since 2008 outside of recessions

The group has cut its growth forecasts in nearly 70% of all economies — across all regions and income groups.

Euronews

Citing trade wars, the World Bank sharply downgrades forecast for global economic growth to 2.3%

President Donald Trump’s trade wars are expected to slash economic growth this year in the United States and around the world, the World Bank forecast Tuesday

The Independent UK

2020s on course to be weakest decade for global economy since 1960s, says World Bank

Washington-based lender cuts its forecast for world GDP growth, blaming Donald Trump tariffs

The Guardian - UK

Weekend Long Read: Remembering Luminary Economist Stanley Fischer

The MIT professor helped shape the foundations of New Keynesian economics and influenced generations of economists and policymakers

Caixin Global

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Al Jazeera

Vietnam scraps two-child policy to combat falling birthrate

Vietnam’s declining birthrate is most pronounced in urban areas, while nationally, male births still outnumber female.

Al Jazeera

Saudi Arabia says it will jointly fund Syria state salaries with Qatar

Saudi and Qatari efforts aim to stabilise Syria by funding public-sector salaries and boosting economic recovery plans.

Bored Panda

“Told Me I Was Safe”: 60 Women Share The Times They Felt Instantly Unsafe With A Man

Who is a bigger threat to a woman alone in the woods? A man or a bear?

Al Jazeera

Hezbollah holds firm in Lebanon’s municipal elections

Establishment parties, including Hezbollah, emerge as the biggest winners in the first municipal polls since 2016.

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Al Jazeera

World Bank says Syria eligible for new loans after debts cleared

Saudi and Qatari payments settle Syria’s arrears, allowing World Bank and IMF to re-engage.

The Independent UK

Funds from migrants sent back home help fuel some towns' economies. A GOP plan targets that

House Republicans have included in President Donald Trump's big priority bill a 5% excise tax on some of the funds sent by migrant workers back to their home countries

Al Jazeera

Seeking funds to rebuild, Lebanon government works to regain donor trust

Rebuilding is essential after Israel’s war on Lebanon destroyed swaths of the country, but will donors pay?

Barchart

A New Storm Cloud Is Throwing Shade on Grain Markets. Here’s What Could Bring Out the Sun.

Grain markets traders have a weather-market wild card in their vests as the spring and summer months kick off.

Euronews

Saudi Arabia and Qatar to repay Syria’s debts to the World Bank

The payment of Syria's outstanding loans could help the country regain World Bank support and financing, which has been stalled for more than 14 years now.

International Business Times

Developing Countries Should Fast-track US Trade Deals: World Bank President

Developing countries should strike swift trade deals with the United States at the "earliest possible" opportunity, the president of the World Bank told AFP Friday, after a busy week with global financial leaders in Washington.

The Conversation

Tensions over Kashmir and a warming planet have placed the Indus Waters Treaty on life support

In 1995, World Bank Vice President Ismail Serageldin warned that whereas the conflicts of the previous 100 years had been over oil, “the wars of the next century will be fought over water.”

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