The World Bank cut its Russia growth forecast on Wednesday, warning of economic stagnation until 2016.» Read More
WASHINGTON, April 29- Switzerland and Norway are the world's most expensive economies, followed by Bermuda, Australia and Denmark, according to a new ranking by the World Bank.
Bert Hofman, Chief Economist, East Asia & Pacific at the World Bank, outlines the organization's growth prospects for the year ahead.
Sri Mulyani Indrawati, COO & Managing Director at the World Bank, says China's attempt to shift its economic model will require many policy adjustments.
It's a long play, but emerging markets promise significant growth for the health-care industry, said Abbott CFO Thomas Freyman.
Regular Ukrainians traveling to view President Viktor Yanukovych's property are stunned by its opulence.
Bertrand Badre, Managing Director & CFO at the World Bank, says the G-20's communiqué on fostering global growth is "fantastic" and a "great paradigm shift".
Indonesia is scrambling to pass last-minute regulations to limit the impact of a ban that could halt billions of dollars worth of mineral ore exports.
Britain was the largest grant donor to the World Bank's $52 billion fund for poor countries followed by the US, Japan and Germany.
Bertrand Badre, Chief Financial Officer at the World Bank, outlines why he is relatively positive on China's economy and addresses the organization's shifting lending model.
Bertrand Badre, Chief Financial Officer at the World Bank, describes his view on emerging market nations like India and Indonesia.
Bertrand Badre, Chief Financial Officer at the World Bank, explains why the organization has reduced its growth forecast for the region, citing a looming taper by the Federal Reserve.
As New Delhi attempts to fix problems in the Indian economy, Eric Manes, Senior Economist, South Asia at the World Bank discusses if the government's efforts are working.
The political stalemate in the U.S. may spur a fresh round of quantitative easing from central banks around the globe, Morgan Stanley said.
Jim Yong Kim, president of the World Bank, tells CNBC that the G20 tackles the most challenging issues and its importance is in getting leaders to sit down and have frank discussions with each other.
As markets await the Fed's scaling back on QE, Hans Timmer, Director of the Development Prospects Group at the World Bank, says the biggest dangers facing developing countries are within their own economies.
The global economy is moving to a period of stable, but slower growth, according to the world bank's biannual Global Economic prospects report. CNBC's Ross Westgate spoke to the lead author of that report, Andrew Burns, for more.
CNBC's Kaori Enjoji asked the World Bank's managing director Sri Mulyani Indrawati, what slower growth in Asia, and particularly China, would mean globally.
New environmental threats that laws cannot address are fostering a fresh grassroots call to action, says guest commentator Terry Tamminen.
Raghavan Seetharaman, President & CEO of Doha Bank, talks about the company's recently-opened Sydney office - the first for a bank from the Gulf region.
Leaders of the five BRICS nations plan to create a development bank in a direct challenge to the World Bank that they accuse of Western bias. The bank would use $50 billion of seed capital shared equally but dominated by China.