January 9, 2024World Bank Warns of Energy Price Surge if Mideast War SpreadsThe global economy is at risk of a “wasted” decade and the weakest stretch of growth in 30 years, the World Bank warned on Tuesday, saying […]
December 14, 2023World Bank Warns Record Debt Burdens Haunt Developing EconomiesSurging interest rates are saddling the world’s poorest countries with record levels of debt and complicating investments in public health, education and infrastructure initiatives that are […]
October 30, 2023Middle East War Could Cause Oil Price Shock, World Bank WarnsA major escalation of the war between Israel and Hamas — one that spilled over into a broader Middle East conflict — could send oil prices […]
May 28, 2023Yellen Warns the U.S. Could Default as Soon as June 1Treasury Secretary Janet L. Yellen reiterated on Monday that the United States could be unable to pay its bills as soon as June 1, an announcement […]