Latest World Bank News
Ghana's president vows no action on anti-LGBTQ+ bill until Supreme Court rules on a challenge to it
ACCRA, Ghana (AP) — Ghana’s president said Tuesday his government will wait for a Supreme Court ruling before taking action on a bill that would further criminalize members of the LGBTQ+ community in the West African nation. President Nana Akufo-Addo said he sought to reassure...
More than $400 million needed for western Afghanistan to recover from October earthquake, UN says
ISLAMABAD (AP) — More than $400 million is needed for western Afghanistan to recover and rebuild after a devastating earthquake last October that killed around 2,000 people, the United Nations said Wednesday. The magnitude 6.3 quake on Oct. 7, one of the most destructive in the...
Global Citizen plans conference to team young people with world leaders like World Bank's Ajay Banga
NEW YORK (AP) — International advocacy organization Global Citizen is turning to Gen Z and millennial leaders in its fight to reach the United Nations’ Sustainable Development Goals and end extreme poverty. Global Citizen announced Tuesday that it would hold its first...
Climate change is fueling the disappearance of the Aral Sea. It's taking residents' livelihoods, too
MUYNAK, Uzbekistan (AP) — Toxic dust storms, anti-government protests, the fall of the Soviet Union — for generations, none of it has deterred Nafisa Bayniyazova and her family from making a living growing melons, pumpkins and tomatoes on farms around the Aral Sea. Bayniyazova,...
Global economy will slow for a third straight year in 2024, World Bank predicts
WASHINGTON (AP) — Hobbled by high interest rates, persistent inflation, slumping trade and a diminished China, the global economy will slow for a third consecutive year in 2024. That is the picture sketched by the World Bank, which forecast Tuesday that the world economy will...
World Bank projects that Israel-Hamas war could push Lebanon back into recession
BEIRUT (AP) — The ripple effects of the war in Gaza are likely to knock Lebanon’s fragile economy, which had begun making a tepid recovery after years of crisis, back into recession, the World Bank said in a report released Thursday. Before the outbreak of the ongoing...