Tag: World Bank
Food Crisis To Globally Worsen: World Bank
Record high food prices have triggered a global crisis that will drive millions more into extreme poverty, magnifying hunger and malnutrition, while threatening to...
India Must Not Drop Out of Crypto Arms Race: Andy Mukherjee
(Bloomberg Opinion) -- Talk about cutting off the nose to spite the face: For a second time, India wants to ban cryptocurrencies.
Harnessing the power of...
Gender Parity In MENA Could Mean $600bln more for Global GDP: Ivanka
Ivanka Trump, advisor to the United States President, today lauded UAE leadership’s efforts to close the gender gap and added that continuing to empower...
World Bank asks GCC economies to focus on environmental sustainability as growth slumps
The economic growth in the Gulf Cooperation Council (GCC) is estimated to drop to 0.8 per cent in 2019 as compared to 2 per...
MENA economies on top in World Bank’s Ease of Doing Business 2020 report
Economies in the Middle East and North Africa (MENA) region emerged on the top in World Bank’s Doing Business 2020 report for implementing the...
World Economy Chiefs Flirt With the Idea of Fiscal Stimulus
(Bloomberg) -- Finance ministers and central bankers from around the globe gave momentum to the idea of fiscal stimulus as the way to revive...
Global Finance Chiefs Pledge to Use All Tools to Aid Growth
(Bloomberg) --Global finance ministers and central bankers pledged to use all their tools, including fiscal policy, to support demand amid a “highly uncertain” outlook...
Trade Woes Push IMF Global Growth Outlook to Decade-Low of 3%
(Bloomberg) --The International Monetary Fund made a fifth-straight cut to its 2019 global growth forecast, citing a broad deceleration across the world’s largest economies...
Global Finance Chiefs Head to IMF, World Bank Amid Slowdown Concerns
(Bloomberg) The guardians of the world economy head to Washington this week under the cloud of a slowing world economy.
The annual meetings of the...