The World Bank suggests the number of the poorest people will rise if greenhouse gas emissions aren't curbed.» Read More
The Asia Infrastructure Investment Bank is positioning itself as an Asia-centric alternative to the World Bank and International Monetary Fund.
Curtis Chin, Asia Fellow at Milken Institute and John Perkins, Author of "Confessions of an Economic Hit Man," explain why the U.S. should be involved with the Asian Infrastructure Investment Bank.
Russia, Australia and the Netherlands became the latest three countries to say they plan to join the China-led Asian Infrastructure Investment Bank.
China's Finance Ministry said on Saturday that the U.K. and Switzerland had been formally accepted as founding members of the Asian Infrastructure Investment Bank.
Global institutions, including the IMF and the World Bank, have endorsed a China-led international bank, despite opposition from the U.S.
Jim McCaughan, CEO of Principal Global Investors, says the Asian Infrastructure Investment Bank (AIIB) is part of a bigger plan to endorse the yuan as a global reserve currency.
Sri Mulyani Indrawati, managing director of the World Bank, says the need for infrastructure development in Asia is "very big" and institutions like the Asian Development Bank won't be able to able to fill the gap alone.
Declining oil prices, the U.S. energy revolution and changing relations with Cuba have created new opportunities for energy investment in the Caribbean.
Recommendations from the OECD may form the basis of a deal sought by Greece with euro zone finance ministers.
Low oil prices may increase economic growth by 15-20 percent this year, but some countries will still lose out, said the head of the World Bank.
Jim Yong Kim, World Bank president and 2015 WEF co-chair, talks about epidemics like Ebola and says that people need to be careful not to lose focus after it has peaked.
Jim Yong Kim, World Bank president and 2015 WEF co-chair, says he welcomes the prospect of quantitative easing in Europe, but adds that it should not encourage countries to slow down structural and economic reforms.
CNBC.com takes a look at the world's most difficult countries in which to do business, based on a report from the World Bank.
Laurence Brahm, Founder of the Himalayan Consensus Institute, discusses the emergence of a new financial framework that has spurred the integration of third world nations with its developed peers.
The World Bank cut its Russia growth forecast on Wednesday, warning of economic stagnation until 2016.
Jim Yong Kim, President of the World Bank, says "good things" came out of the Scottish independence referendum.
Jim Yong Kim, President of the World Bank, defends the G20 meetings saying the group played a "critical" role in the financial crisis.
Jim Yong Kim, President of the World Bank, says the organization has a good relationship with Ukraine and Russia but the G20 meeting needs to help "turn down the heat" in the crisis.
Kaushik Basu, Senior VP & Chief Economist at World Bank, says it lowered its global growth forecast due to geopolitical tensions. He later explains why U.S. engagement in Iraq is necessary.
It is natural to feel angry at Vladimir Putin’s aggression and deceptions in Ukraine, but anger is not a strategy, says Harvard Professor Joseph Nye.