World Bank Warns Record Debt Burdens Haunt Developing Economies
Surging interest rates and waning financing options threaten a “lost decade” for poor countries.
Posted inBanga, Ajay Banking and Financial Institutions Developing Countries Disasters and Emergencies Dubai (United Arab Emirates) Global Warming Greenhouse Gas Emissions International Monetary Fund Malpass, David Poverty United Nations Framework Convention on Climate Change World Bank
World Bank President Ajay Banga Addresses Climate Change
Ajay Banga, who took over the top job in June, has prioritized global warming issues in his first months on the job.
Posted inHamas International Relations Israel-Gaza War (2023- ) Oil (Petroleum) and Gasoline Prices (Fares, Fees and Rates) World Bank
Middle East War Could Cause Oil Price Shock, World Bank Warns
A new report outlined how a major escalation of the conflict between Israel and Hamas could fuel a new bout of inflation.
Posted inBanga, Ajay China Economic Conditions and Trends Europe European Central Bank European Union Federal Reserve System Foreign Investments Gaza Strip Global Warming Hamas Inflation (Economics) Interest Rates International Monetary Fund International Relations International Trade and World Market Israel Israel-Gaza War (2023- ) Oil (Petroleum) and Gasoline Politics and Government Prices (Fares, Fees and Rates) Russian Invasion of Ukraine (2022) Supply Chain Treasury Department United States United States Economy World Bank
Fragile Global Economy Faces New Crisis in Israel-Gaza War
A war in the Middle East could complicate efforts to contain inflation at a time when world output is “limping along.”