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

Gold Supported Above $1,815 ' A Quick Buy Trade Today - Forex News by FX Leaders
When it opened on Monday, the price of XAU/USD was trading near Friday's closing figure. Markets responded defensively to weak US economic ...
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Pound / Dollar Week Ahead Forecast: Supported at 1.3612 as Upside Risks Linger
GBP/USD traded as high as 1.3749 last Thursday after rallying from just beneath 1.36 at the Monday open in price action that came alongside ...
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The USD is the most traded currency in the forex market and can be ... Exchange rates for the US Dollar against foreign currencies from North and ...
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EUR/USD Tries To Rebound At The Start Of The Week - FX Empire
The U.S. Dollar Index has recently made an attempt to settle above the resistance at 95.20 but failed to develop sufficient upside momentum and pulled ...
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Dollar finds footing as traders brace for hawkish Fed | ZAWYA MENA Edition
The U.S. dollar index, which declined sharply last week until Friday's leap, sat at 95.225 in Asia on Monday - ZAWYA MENA Edition.
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Rupee trades in a narrow range in early session against US dollar | Business Standard News
At the interbank foreign exchange, the rupee opened lower at 74.18 against the American dollar, then inched higher to 74.16, registering a fall of 1 ...
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Currency traders prepare for interest rate hikes as US dollar hangs on - Nairametrics
In the wake of Friday's dollar and U.S. yield jumps, these moves underscore support for the greenback from hawkish rates outlooks, even as momentum ...
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Dollar finds footing as traders brace for hawkish Fed - Today Online
SYDNEY : The dollar clung to a late week bounce on Monday as investors braced for January's U.S. Federal Reserve meeting and raised bets it will ...
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