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A New Method for the United States to Counter China's Influence: A Larger World Bank
Over the past year, US Treasury Secretary Janet Yellen has traveled around the world seeking to inject new vitality into the World Bank, the 79 year old pillar of the US led international order. Thes ... -
IMF and World Bank Annual Meetings Closing in the Haze of the Israeli-Palestinian Conflict, Multiple Risks Dragging Economic Recovery
The 2023 annual meetings of the International Monetary Fund (IMF) and the World Bank have recently concluded in Morocco. Just two days before this meeting, on October 7th, a new round of Palestinian- ... -
What is the difference between the World Bank and the International Monetary Fund?
The World Bank and the International Monetary Fund are two very important international organizations, both headquartered in the US capital, Washington D.C., and both are part of the United Nations s ... -
International oil prices have plummeted by 3%! World Bank Forecast: If geopolitical conflicts do not escalate, oil prices will fall next year
On Monday (October 30th local time), the World Bank stated that as the global economy slows down and reduces demand, it expects an average oil price of $90 per barrel in the fourth quarter of this ye ... -
The haze has not yet dissipated. The World Bank predicts that the global GDP growth rate in 2024 will be 2.4%
The World Bank warned on Tuesday (January 9th) that global economic growth will slow for the third consecutive year in 2024, and poverty and debt levels in many developing countries will continue to ...