world-bank
World Bank Urges 'radical' Debt Transparency for Developing Countries
Factbox-Finance Deals Announced During UN Ocean Conference
Investment Flows in 2023 Into Developing Countries at Lowest Since 2005, World Bank Says
IMF Says July Forecasts to Take Into Account Trade Deals, Uncertainty
World Bank Cuts Global Growth Forecast as Trade Tensions Heighten Uncertainty
Date: June 10, 2025
By Andrea Shalal WASHINGTON (Reuters) -The World Bank on Tuesday slashed its global growth forecast for 2025 by 0.4 percentage point to 2.3%, saying that higher tariffs and heightened uncertainty...
Ukraine Needs 500 Million Euros to Rebuild Critical Port Facilities Damaged by Russia
Date: May 30, 2025
KYIV (Reuters) - Ukraine needs an initial 500 million euros ($566 million) to rebuild the most important infrastructure facilities at its Black Sea ports destroyed by constant Russian missile and...
Kosovo's Political Stalemate Could Put EU Funds at Risk, Trade Body Warns
Date: May 21, 2025
By Fatos Bytyci GDANSK, Poland (Reuters) -Kosovo's parliament failed to elect a new speaker for the 15th straight time on Wednesday, prompting fears of an economic backlash after months of political...
Global Roundtable Sees Rising Debt Risks for Low-Income Countries as Uncertainty Mounts
Date: April 23, 2025
By Andrea Shalal WASHINGTON (Reuters) -More work is needed to improve the sovereign debt restructuring process and help countries facing mounting debt service challenges, the chairs of a global debt...
Ukraine Needs $524 Billion to Recover, Rebuild After Three Years of War, World Bank Says
Date: February 25, 2025
By Andrea Shalal WASHINGTON (Reuters) - The estimated cost to rebuild Ukraine's economy after Russia's invasion has risen to $524 billion, nearly three times its expected 2024 economic output, the...
Money Transfer Service Wise Launches in Mexico
Date: January 31, 2025
MEXICO CITY (Reuters) - International money transfer company Wise officially launched in Mexico on Thursday, offering a new way for Mexican nationals to send money in and out of the country. WHY IT'S...