International Organizations World Bank

World Bank must step up to tackle global challenges, Niels Annen says
10:46 AM ET Wed, 12 April 2023
Niels Annen, parliamentary state secretary for economic cooperation and development in Germany, discusses potential World Bank reform to boost its ability to tackle challenges such as the climate crisis.
Turkey-Syria reconstruction costs to come to 'billions of dollars,' World Bank says
1:27 PM ET Mon, 13 Feb 2023
The World Bank has slated roughly $1.8 billion of funding to Turkey and is pursuing relief aid for Syria, following last week's devastating earthquakes.
U.S. Treasury diplomat nominee aims to curb China's lending influence
10:11 PM ET Tue, 12 July 2022
The nominee for the U.S. Treasury's top economic diplomacy job said on Tuesday he wants to limit China's growing global lending influence.
Economists say recessions may be inevitable. Here's why
9:37 AM ET Wed, 15 June 2022
Recessions may have become an inevitable part of the economic cycle that fluctuates between periods of expansion and contraction. But certain measures can still be taken to make recessions less severe.
Here's why recessions may be inevitable
9:39 AM ET Wed, 15 June 2022
Experts argue that monetary policies have limits on what they can achieve against an impending recession.
Op-ed: It's time for the World Bank to get back to the business of doing business
9:39 PM ET Mon, 2 May 2022
A misguided killing of the long-running "Ease of Doing Business" report underscores a need for reform at the World Bank.
World Bank slashes global growth forecast to 3.2% from 4.1%, citing Ukraine war
1:02 PM ET Mon, 18 April 2022
The largest single factor in the reduced growth forecast was a projected economic contraction of 4.1% across Europe and Central Asia.
Sri Lanka's reluctance to tap IMF helped push it into an economic abyss
2:57 AM ET Mon, 18 April 2022
Economic mismanagement by successive governments weakened Sri Lanka's public finances, leaving its national expenditure in excess of its income.
IMF expresses 'full confidence' in the leadership of Kristalina Georgieva
12:13 AM ET Tue, 12 Oct 2021
"The Executive Board reaffirms its full confidence in the Managing Director's leadership and ability to continue to effectively carry out her duties," said IMF.
IMF boss Georgieva risks losing her job over China bias claims. Here's what you need to know
1:16 AM ET Tue, 12 Oct 2021
Kristalina Georgieva, managing director of the IMF, is under pressure after allegations that she told staff at the World Bank to amend rankings to China's benefit.
World Bank halts aid to Afghanistan, ‘deeply concerned’ on prospects for women
4:23 AM ET Wed, 25 Aug 2021
The World Bank has become the latest international organization to pause aid disbursements to Afghanistan following the Taliban's takeover.
Nobel-winning poverty researcher on why people aren't going back to work
5:54 PM ET Thu, 8 July 2021
Esther Duflo, whose antipoverty research won a Nobel Prize, says blaming unemployment benefits for a tight labor market misses the mark on the Covid economy.
How Singapore fixed its big trash problem
11:02 AM ET Wed, 21 July 2021
More than 2 billion tonnes of global waste is generated yearly. By 2050, it's expected to increase to 3.4 billion tonnes. CNBC's Nessa Anwar traces the journey of a piece of discarded trash in Singapore to the nation's only landfill, exploring solutions and the future of the world's garbage dilemma.
World Bank Group invests in a start-up tackling the $2.5 trillion food waste problem
2:02 PM ET Tue, 27 Oct 2020
Apeel, a food science start-up focused on food waste, has a new approach to a big problem for the world's smallest farms, and it has raised $30 million from investors including the World Bank Group's IFC.
1 billion kids in developing nations may be out of school due to pandemic, says World Bank head
6:03 PM ET Wed, 14 Oct 2020
"The learning goes backward. That's a particular problem in the developing world," according to David Malpass, president of the World Bank.
U.S. envoy skips political elite in Lebanon visit, says ‘no longer business as usual’
6:54 AM ET Fri, 4 Sept 2020
U.S. Assistant Secretary of State for Near Eastern Affairs David Schenker concludes his two-day trip to Lebanon on Friday after choosing to only meet with opposition demonstrators rather than members of the country's political establishment.
How to fix rising income inequality during Covid-19
10:54 AM ET Wed, 21 July 2021
Poverty levels are rising for the first time since 1998 due to the coronavirus pandemic, which has exacerbated income inequality. CNBC's Silvia Amaro looks at what steps governments can take to promote economic equality.
75% of top executives now say Biden will win the 2020 Presidential election, CNBC survey reveals
11:14 AM ET Fri, 28 Aug 2020
Three-quarters of the CNBC Global CFO Council say Democratic nomiee Joe Biden will win the 2020 Presidential election.
Italian cabinet approves 'mother of all reforms' to slash red tape
3:28 AM ET Tue, 7 July 2020
The Italian government approved a package of measures on Tuesday aimed at cutting the complicated red tape that has long been blamed for crimping growth in the euro zone's third-largest economy.
'Enormous bias' clouds international approach to African debt relief, experts say
7:10 AM ET Thu, 2 July 2020
The coronavirus pandemic has reignited a conversation about debt relief to certain African nations as they look to fend off the kind of mass-scale spread seen in the U.S. and Europe.

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