The Latest Breaking News from World Bank

The World Bank has increased food funding over the next 15 months to $30billion, as over 45 million people across the world teeter on edge of famine after UN warning

Guatemala's congress approved on Wednesday a $500 million loan from the World Bank that the government has said will be used to pay down debt, freeing up funds for social spending.

Japan will double fiscal aid for Ukraine to $600 million in a coordinated move with the World Bank to back the country's near-term fiscal necessities damaged by Russia's invasion, Prime Minister Fumio Kishida told reporters on Thursday.

Shortages of grain and fertiliser could cause ‘mass hunger and famine, says chief, as World Bank pledges $12bn to ease shortfall

Russia says 1,730 fighters at Azovstal plant have surrendered since Monday; ‘culture of cover-ups’ in Russian military, says UK’s MoD

United Nations (United States) (AFP) - The UN warned Wednesday that a growing global food crisis could last years if it goes unchecked, as the World Bank announced an additional $12 billion in funding to mitigate its "devastating effects."

When US Secretary of the Treasury Henry Morgenthau opened the Bretton Woods Conference almost 80 years ago, he reminded delegates that failures of international cooperation had led to the Great Depression, social division and ultimately war. "Prosperity, like peace, is indivisible," he concluded, "we cannot afford to have it scattered…

Washington (AFP) - The World Bank announced Wednesday an additional $12 billion in funding to mitigate the "devastating effects" of severe growing global food insecurity driven by climate change and Russia's invasion of Ukraine.

Move follows warning from head of UN World Food Programme about high prices leading to social unrest

The World Bank said on Wednesday it will make $30 billion available to help stem a food security crisis threatened by Russia's war in Ukraine, which has cut off most grain exports from the two countries.

Ahead of the G7 finance ministers’ meetings, the U.S. Treasury, several global development banks and other groups have unveiled a multi-billion dollar plan meant to address a worldwide food security crisis exacerbated by Russia’s war in Ukraine