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World Bank officials said that if the current banking turmoil spiraled into a financial crisis and recession, then global growth projections might be even weaker because of the associated losses ...

President Donald Trump’s trade wars are expected to slash economic growth this year in the United States and around the world, the World Bank forecast Tuesday ...

Under pressure from world leaders, development experts and shareholders, the bank opens its spring meeting on Monday, poised for big changes. By David Gelles and Alan Rappeport Mr. Gelles writes ...

India continues to show resilience against the backdrop of a challenging global environment, according to World Bank’s latest India Development Update (IDU). The IDU, the Bank’s flagship half yearly ...

Up until two years ago, Ajay Banga had spent most of his career in the private sector – as a banker at Citigroup and latterly as the CEO of Mastercard . Now the World Bank president finds ...

The World Bank on Tuesday lowered its forecast for India's economic growth in the current fiscal year that started on April 1 to 6.3% from 6.6% as it expects higher borrowing costs to hurt ...