The World Bank is an international organization dedicated to providing financing, advice and research to developing nations to aid their economic advancement. Is an international financial institution that provides loans to developing countries for capital programs. It comprises two institutions: the International Bank for Reconstruction and Development (IBRD), and the International Development Association (IDA). The World Bank is a component of the World Bank Group, which is part of the United Nations system.

The World Bank Group is jointly owned by its 185 member country governments, but the donor countries hold greater power in making decisions about the Bank's policies and which projects it funds than borrower countries. The World Bank Group President is, and always has been, a U.S. citizen.

The World Bank has two stated goals that it aims to achieve by 2030. The first is to end extreme poverty by decreasing the amount of people living on less than $1.90 a day to below 3% of the world population. The second is to increase overall prosperity by increasing the income growth in the bottom 40% of the world's population.

Latest news on The World Bank & the Economy

Climate change pounding municipal finances across Canada - The Williams Lake Tribune
Gore is one of scores of Canadian municipalities whose budgets are being squeezed by climate change. As high inflation eats away government revenues, ...
>> Read more here

Successfully resolving finances on divorce | Family Law - Freeths
The divorce deals with the end of the marriage, but not the separation of a couple's finances. In fact, financial claims against each other survive ...
>> Read more here

Climate change battering municipal finances across Canada - The Globe and Mail
Montreal, Ottawa and Regina are among the cities where severe weather has threatened balanced budgets in the last year.
>> Read more here

Oxy finances $10.8B deal for CrownQuest asset without Buffett's help
Occidental Petroleum Corp. plans to finance its biggest takeover in more than four years without the assistance of top shareholder Warren Buffett.
>> Read more here

Kina Bank finances Aust lender - The National
Kina Bank finances Aust lender ... PAPUA New Guinea-based Kina Securities Limited, through its digital Kina Bank portfolio, last month played a huge ...
>> Read more here

Occidental Finances $10.8 Billion CrownRock Deal Without Buffett's Help - BNN Bloomberg
(Bloomberg) -- Occidental Petroleum Corp. plans to finance its biggest takeover in more than four years without the assistance of top shareholder ...
>> Read more here

Can zero-forex, lifetime-free Scapia outdo other travel credit cards' - Mint
Forex markup is a fee that the bank or card-issuing company charges to enable international transactions on a card.
>> Read more here

Navigating Forex Markets: The Top 10 Forex Brokers of 2023 - Business Today Kenya
AvaTrade stands as a powerhouse in the Forex market, providing a diverse range of trading instruments, including cryptocurrencies and commodities.
>> Read more here

FOREX Yen falls as Japan's negative rates expected to persist - Reuters
The Japanese yen weakened against the dollar for a second day on Monday, giving back most of a rally last week on expectations of less dovish ...
>> Read more here

Forex markets anticipate crucial central banks meetings - London Loves Business
The dollar continues its rebound following last week's strong performance. Labor market data, including NFP, indicated a resilient economy, ...
>> Read more here

FOREX-Yen drops as hopes of December BOJ pivot fade, China's yuan slides - Nasdaq
The U.S. dollar rallied against Japan's yen on Monday after a report said the Bank of Japan saw little need to end negative interest rates in ...
>> Read more here

Obama and the economy
Obama economy
Putin and the economy
Putin economic
Greenspan Economics
Alan Greenspan economics
The FED and the economy
Federal Reserve economy
International Monetary Fund
IMF economics
World Bank & the economy
World Bank economy
Deutsche Bank
Deutsche Bank economy
European Union economy
European Union economy
China economy
China economy
NAFTA and the economy
NAFTA and the economy
GOLD in the economy
GOLD in the economy
SILVER in the economy
SILVER in the economy