The World Bank forecasts a significant decline in global commodity prices, predicting a 12% drop in 2025 and another 5% in 2026, bringing them back to pre-pandemic levels.

Treasury Secretary Scott Bessent said Wednesday that the International Monetary Fund and World Bank are “falling short” of their main missions and must focus on an urgent goal of bringing the ...

World Bank bureaucrats who jetted to the United Nations’ annual global warming conference spewed CO2 emissions equal to what’s produced by 200 US households in a year — sparking accusations ...

Project 2025’s call for the U.S. to withdraw from the World Bank would be a strategic mistake, as it would allow America’s competitors to gain a historic victory. The World Bank needs u… ...

In light of President-elect Donald Trump‘s commitment to trim U.S. government expenditures, the World Bank, currently under investigation for the misplacement of $24 billion in climate funds, is ...

World Bank officials — under fire for losing track of $24 billion in climate funds — are panicking over the prospect of severe budget cuts as President-elect Donald Trump pledges to slash US ...

The World Bank and African Development Bank’s joint initiative to expand energy access to 300 million more people in Africa is a welcome contribution to this effort. However, the Bank should be ...

The World Bank upgraded its outlook for the global economy and said the “impressive” U.S. economy is powering the world. The latest outlook estimates the global economy will expand 2.6 percent ...

The World Bank, the world’s largest international development organization, has long faced criticism for a host of perceived shortcomings, including imposing coercive conditions on its loans to ...

World Bank and IMF hold 2023 meetings in Washington 04:04. Washington — Former Mastercard CEO Ajay Banga was confirmed Wednesday to serve as the 14th president of the World Bank and is set to ...

The World Bank’s reform plan would free up roughly $5 billion annually over the next 10 years, mainly through a slight relaxation of the bank’s rules for how much risk it can assume.

U.S. Treasury Secretary Janet Yellen on Wednesday rejected the idea of a near-term capital increase for the World Bank and said she expected U.S. nominee Ajay Banga to win election as the bank's ...