Earth News

As fatal floodwaters recede, Pakistan is facing €40 billion in damages

The UN has revised its appeal for aid five-fold, as new assessments show an urgent need for long-term help into next year.

19 October 2022

World News

Projections of economic stagnation are cause for worry, expert says

"There is no doubt that we are still in a crisis situation," Vicky Pryce, Chief Economic Advisor at the Centre for Economics and Business Research in the UK, told Euronews.

13 October 2022

Ukraine

Russia's war to shrink Ukrainian economy by 45%, World Bank says

The invasion which started on 24 February has resulted in half of the country's businesses shutting down and the other half operating below capacity as well as the destruction of a vast amount of infrastructure.

11 April 2022

Earth News

Why is Turkey being given a green loan of €300 million?

Turkey is the fastest growing OECD economy with rapidly increasing greenhouse gas emissions, but a green loan could make a big difference to the environment.

31 March 2022

World News

IMF's board approves allowing Georgieva to remain as head

The International Monetary Fund expressed “full confidence” in its managing director on Tuesday in response to allegations that World Bank staff were pressured to change business rankings for China in an effort to placate Beijing.

12 October 2021

World

"Today there are vaccines that are not getting to the poorest countries"

In this edition of The Global Conversation, Euronews' Méabh Mc Mahon speaks to the World Banks' Managing Director, Axel van Trotsenburg.

21 September 2021

World News

COVID-19: Extreme poverty set for first rise in 20 years - World Bank

The World Bank expects that COVID-19 could push an additional 88 million to 115 million into extreme poverty this year.

7 October 2020

Azerbaijan

Euroviews. Snap parliamentary elections could kick-start a new democratic era in Azerbaijan ǀ View

Our institutions will have to change and better adapt themselves to the basic needs of our population, such as clean air, clean water and clean energy. This will only be possible with a new political mind-set and with a greater role for younger generations.

10 December 2019

World

IMF managing director forecasts growth 'slowdown' in the next year

"In two years’ time, the world has moved from synchronized upswing – in other words, accelerating growth – to a synchronized slowdown", she said.

10 October 2019

USA

Ivanka Trump passed on World Bank job

The White House senior adviser said she's "happy with the work" she's doing.

18 April 2019

Economy

World Bank sees more growth for the euro area in 2018

The economy in the euro area grew by 2.7 percent, more than the World Bank had expected. The ECB's stimulus measures are likely to continue leading to more growth in 2018

10 January 2018

Economy

Global economy looking good says IMF chief

IMF chief Christine Lagarde says she is optimistic about the future of the world economy and believes the long-awaited global recovery is taking place.

12 October 2017

World News

More than 20,000 girls married illegally every day

Figure revealed in research released to mark International Day of the Girl

10 October 2017

Economy

IMF and World Bank: Trump trade face-off

The heads of the International Monetary Fund and the World Bank are upbeat on working successfully with the Trump administration.

20 April 2017

Business Series

Ukraine's largest bank, Privatbank, nationalised

Privatbank, Ukraine's largest private bank, is being nationalised to protect the country's financial system.

19 December 2016

World

World Bank warns popularist politics will drag on global growth

Populism has a negative impact on the long term economic outlook of Europe and Central Asia but short term growth is expected to accelerate in the region – according to a new report from the World…

22 November 2016

Economy

Austerity obsession is pushing EU into crisis warns Stiglitz

Joseph E. Stiglitz is a titan of world economics, the fourth most-cited, and extensively published and translated. The Nobel prizewinner holds positions in several of the world's leading universities,

6 October 2016

Economy

World Bank says extreme poverty is falling, but income inequality needs attention

The World Bank says fewer people are living in extreme poverty, but governments need to focus more on the gap between rich and poor.

3 October 2016

Europe News

65 million people displaced by conflict worldwide: World Bank report

The number of people displaced by conflict worldwide stands at 65 million, according to a new World Bank report.

21 September 2016

USA

IMF urges 'growth-friendly' spending from member countries

The International Monetary Fund (IMF) has urged member nations to boost “growth-friendly” spending in light of the Syrian refugee crisis. At the

17 April 2016