The Latest Breaking News from World Bank

Making sense of AdSense: Why political parties spend big bucks advertising on Google

In 2021, the World Bank estimated internet penetration in India stood at 41 percent. With low data charges, this number is set to grow further and that’s good news for advertising platforms like Google and Facebook, which have emerged as major players in the digital advertising space. For the internet…

Newslaundry · Jan 31, 2022

Lebanon inks deal with Syria, Jordan to address power crisis

The project, funded by the World Bank, will send 250 megawatts of Jordanian energy to power-starved Lebanon via Syria.

Al Jazeera · Jan 26, 2022

World Bank sees ‘critically weak’ outlook for Myanmar this year

The World Bank is maintaining a bleak outlook for Myanmar in the wake of last year’s military coup and the ongoing pandemic, according to its latest Myanmar Economic Monitor, released on Wednesday.

Bangkok Post · Jan 26, 2022

Rs 1,000 crore World Bank loan to expand West Bengal’s social schemes

KOLKATA: The World Bank has approved a $125-million loan (around Rs 1,000 crore) to Bengal to expand coverage of around 400 state-run social schemes, especially direct cash transfers targeted at the vulnerable sections, over the next four years.

The Times of India · Jan 22, 2022

Minouche Shafik: ‘The idea that you are successful because you are hardworking is pernicious’

The LSE’s director and former Bank of England economist is outspoken over the need for a reset of the wider capitalist system

The Guardian - UK · Jan 22, 2022

South Africa gets $750 million World Bank loan to bolster COVID recovery effort

The World Bank has approved a loan of $750 million to South Africa linked to COVID-19, aiming to help protect the poor and support economic recovery from the pandemic, the National Treasury said on Friday.

Reuters · Jan 21, 2022