, Low-income countries in debt stranglehold, says report
Multi-trillion dollar asset manager BlackRock alone holds close to US$1 billion of ‘Eurobonds’ in Ghana, Kenya, Nigeria, Senegal and Zambia through a number of funds.
, World Bank Pandemic Bonds face losses following Coronavirus spread
Investors holding the World Bank’s Pandemic bonds may be facing losses as the coronavirus outbreak spreads to more countries and the death rate escalates. The …
, Its lights out for Oil and Gas Exploration, says World Bank
The World Bank will end its financial support for oil and gas exploration within the next two years in response to the growing threat …
, The World Bank anticipates awaited Global Growth
The World Bank declined its outlook for global economy growth this year in the middle of a broad-based downturn in evolving markets and milder …
, World Bank: ‘CO2 Market Hurt by Australia, Russia and Japan’
According to the World Bank, initiatives towards greenhouse-gas emissions pricing, to restrain global warming are being hurt as countries such as Australia to Russia …
, World Bank’s Thirsty Energy Initiative Signifies Growing Importance of Energy-Water Nexus
Two of our highly important global resources, Energy and water are intricately linked. However, when it comes to organising, the regulatory agencies, who manage …
, World Bank Cuts East Asia-Pacific Growth Forecast amid China’s Slowdown
The World Bank cut its economic growth forecast for the East Asia and Pacific region, saying there was a greater risk of deepening slowdown in China and weakening global demand. According to a statement, the slowdown in China might get worse and it could last longer than initially expected. However policy makers in Asia’s emerging countries have room to ease both monetary and fiscal policies, according to the World Bank.
, China Needs a New Economic Strategy to Overcome Crisis
The World Bank President Robert Zoellick said, “It is likely that China would see little slowdown in its economic growth this year even as …
