New York, June 7 (JEN): The World Bank has lowered its expectations of global economic growth for this year in a new report. It says that, although the picture for poorer countries is expected to stabilize in 2020, economic momentum remains weak. more
World Bank President steps down, Chief Executive assumes temporary role

New York: The President of the World Bank, Jim Yong Kim, announced on Monday that he is stepping down, after more than six years in the role. Kristalina Georgieva, CEO of the World Bank C ...

India surges ahead of France to take sixth spot on world's biggest economy list, says World Bank

New Delhi: India has raced ahead of France to take the sixth spot on World Bank's list of world's biggest economy.

World Bank sees improving global economy despite 'substantial' risks

New York, June 6(Just Earth News): Thanks to a pickup in manufacturing and trade, the global economy is recovering, but weak productivity and investment growth threaten long-term prospects i ...