World Bank

Biden Prioritizes World Bank Reform and Funding at G20 in New Delhi

Clark Baisa Sep 6, 2023

President Joe Biden, representing the United States, highlighted the imperative of World Bank reform and increased funding at the G20 summit in New Delhi. In his opening remarks, President Biden stressed the importance of multilateral…

World Bank warns a second global recession as growth forecasts cut in 2023

Dahlia Martyna Jan 12, 2023

The World Bank issued a warning amid rising inflation and interest rates that a second global recession in a decade may be on the horizon. The institution's Global Economic Prospects study predicts that global GDP would increase by just…

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