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The World Bank is a global development institution that works to reduce poverty and increase shared prosperity around the world. The World Bank provides news, articles, and videos about its work, projects, and global initiatives. News: The World Bank regularly provides news about its initiatives, projects, and progress in reducing global poverty and increasing shared prosperity. The World Bank news page is updated on a regular basis with the most recent stories and announcements. Articles: The World Bank publishes a range of articles on a variety of topics related to global development and poverty reduction. These articles are written by World Bank experts and provide an in-depth look at a range of issues related to the organization’s work. Videos: The World Bank produces a range of videos which provide an insight into the organization’s work around the world. These videos cover topics such as poverty reduction, education, healthcare, and economic growth.
The World Bank’s Spring 2025 Poverty and Equity Brief further highlights that between 2011 and 2023, around 171 million Indians were lifted out of extreme poverty. The national poverty rate declined from 16.2 percent to 2.3 percent during this period, based on the international poverty line of USD 2.15 per day. Get more Banking News and Business News on Zee Business.
Former CNBC anchor Tanvir Gill has joined The World Bank in New York as senior external affairs officer for media partnerships. “I will be looking into creating strategic media partnerships for the bank with new media & legacy media outfits,” she wrote on LinkedIn. “Those who know me, know that I am an ideas’ person […]
REFORMS to enhance job creation and quality could propel Philippine economic growth to close to 7% and transform it into a middle-class economy by 2040, the World Bank said. “To stay on a path to upper middle-income status and to realize the national ambition of a middle-class society free of poverty by 2040, the country […]
OVER the past 15 years, the Philippines has been one of East Asia’s most dynamic economies. Growth was fast, inclusive, and spatially balanced. Public investment in infrastructure surged, and reforms attracted private capital. As highlighted in the Philippines Growth and Jobs Report launched by the World Bank earlier in July, investment (or capital accumulation) accounted for nine out of every 10 dollars of GDP growth.
LONDON (Reuters) -EU tariffs on Russian fertiliser imports that aim to cut funding for Moscow's war in Ukraine have so far hit European farmers, raising costs and risking higher consumer prices while Russian companies say they can divert exports to other markets. "We're shooting ourselves in the foot," farmer Cedric Benoist, deputy secretary general of French wheat farmers union AGPB and head of the cereals committee of EU farmer association Copa Cogeca, told Reuters, saying farmers are now faced with paying higher global prices. Global fertiliser prices have been rising this year, World Bank data shows, in part due to the additional levies introduced on July 1 on top of import tariffs, adding to other challenges facing European farmers such high energy costs and environmental regulations.