Devex4d
Devex Newswire: Would Trump pull the US out of the World Bank?
Would Trump risk reducing the U.S. influence in the World Bank by decreasing its shareholding? Plus, a glimpse at the dark ...
World Bank to decentralize operations, shift regional VPs to overseas hubs
The World Bank said on Tuesday it will restructure its global operations by shifting its regional management teams from ...
New York Post23d
Ex-Commerce Secretary Wilbur Ross says World Bank should be key target for Elon Musk’s DOGE spending cuts
Former Commerce Secretary Wilbur Ross said Elon Musk’s Department of Government Efficiency — the cost-slashing body known as DOGE — should train its sights on the World Bank after it was ...
International Monetary Fund2mon
A New Era of Digital Money
Fees for wiring money often take up to 7 percent of the value of a transaction, and the World Bank estimates that cutting fees to 2 percent could give a $16 billion a year boost to remittances to ...
More than $50 billion needed to rebuild Gaza, World Bank joint assessment says
More than $50 billion will be required to rebuild Gaza after the 15-month Israel-Hamas conflict in the Palestinian enclave, ...
The New York Times26d
Inside a New Plan to Bring Electricity to 300 Million in Africa
if only because the United States is the World Bank’s biggest contributor and holds outsize sway over who runs the institution. For now, the bank has enough money in its development aid pot to ...