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.
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.
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.
"The learning goes backward. That's a particular problem in the developing world," according to David Malpass, president of the World Bank.
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.
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.
Three-quarters of the CNBC Global CFO Council say Democratic nomiee Joe Biden will win the 2020 Presidential election.
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.
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.
OCBC's Vasu Menon says that the risk of a second wave of Covid-19 supports the IMF's downgrade of its global growth forecast for 2020.
Indigo Agriculture uses microbiology and technology to create seed treatments that optimize the health of a plant in order to increase its yield.
"Many of the very populous countries need extra support right now," World Bank President David Malpass told CNBC on Wednesday.
Stocks dropped on Wednesdsay as earnings season gets into full gear, giving investors a picture at the coronavirus-induced damage.
"Under no circumstances can the world, the region, or India, allow an epicenter to emerge in India," said the World Bank's country director for India, Junaid Ahmad.
Major international creditors will relieve the world's poorest countries of debt payments this year to help them deal with the coronavirus pandemic, France announced on Tuesday.
President Trump's announcement that he was going to withdraw U.S. funding for the World Health Organization (WHO) has provoked widespread criticism.
Former World Bank chief economist Joseph Stiglitz said the pandemic has shown how poorly the United States pays and treats some of its workers.
"Under no circumstances can the world...allow an epicenter to emerge in India," says Junaid Kamal Ahmad, the World Bank's country director. He says the World Bank has invested $1 billion in partnership with India's government to combat its coronavirus crisis, from ensuring community surveillance to securing sufficient medical testing and supplies.
"Never in the history of the IMF have we witnessed the world economy come to a standstill," said Kristalina Georgieva, managing director of the IMF, during a press conference on the pandemic.
Total worldwide debt is expected to continue growing over the coming months, despite having just climbed to a fresh all-time high. Given the three previous waves of global debt accumulation have all ended with financial crises, CNBC's Sam Meredith takes a look at the risks associated with the latest build-up.