World Bank
Use attributes for filter ! | |
Web site | www.worldbank.org |
---|---|
Headquarters | Washington |
D.C. | |
United States | |
Founded | Bretton Woods |
New Hampshire | |
United States | |
Subsidiaries | International Finance Corporation |
International Bank for Reconstruction and Development | |
Founders | Harry Dexter White |
John Maynard Keynes | |
Presidents | David Malpass |
Ajay Banga | |
Raw motto | Working for a World Free of Poverty |
Parent organizations | World Bank Group |
Okra answer panel mission | Mission |
Okra answer panel criticism | Criticism |
Okra answer panel ownership | Ownership |
Okra answer panel value | Value |
Okra answer panel history | History |
Okra answer panel goals | Goals |
Okra answer panel grade level | Grade level |
Okra answer panel structure | Structure |
Legal status | Treaty |
Date of Reg. | |
Date of Upd. | |
ID | 618504 |
About World Bank
The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects.
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... Also look out for evidence that big global institutions like the World Bank and the International Monetary Fund are bowing to pressure to change their lending rules to help get the cash flowing...
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... Working with BBC Arabic, environmental scientists combined this information with the volumes of gas flared - which the World Bank publishes - to work out total pollution...
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... The idea is to use the balance sheets of international financial institutions, such as the World Bank and the IMF, to guarantee greater investment in development from private capital such as pension funds...
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... The Ethiopian economy is in a tailspin, and desperately needs a bailout from western donors along with the International Monetary Fund (IMF) and World Bank...
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... Earlier this week, the World Bank warned that the conflict in the Middle East could push the price of crude oil up to $150 a barrel - compared to $85 today...
Afghan refugees forced to leave Pakistan say they have nothing
... The unemployment rate more than doubled from the period immediately before the Taliban takeover to June 2023, according to the World Bank...
World Bank warns oil prices could reach $150 a barrel
...By Vishala Sri-PathmaBusiness reporterOil prices could rise to more than $150 a barrel if the conflict in the Middle East escalates, according to the World Bank...
China's roads win hearts in South Asia - but at a cost
... That s why it has gotten into the risky business of international bailout lending, " said Carmen Reinhart, a former World Bank chief economist and one of the study s authors...
Food prices jump despite drop in wholesale costs
By Michael RaceBusiness reporter, BBC News
Food prices in the UK continued to soar in April despite a drop in wholesale costs, new figures show.
Food inflation jumped to 15. 7% last month compared with April in 2022, up from 15% in March, The British Retail Consortium (BRC) said.
But the cost of a food shop " should start" to come down in The Next few months, the trade body claimed.
The BRC, which represents UK supermarkets, said customers would see savings on milk and other dairy goods.
Last week, Sainsbury's rejected suggestions that prices were too high after The Bbc heard that falls in global food prices
But Helen Dickinson , chief executive of the BRC, said customers should " start to see food prices come down in The Coming months as The Cut to wholesale prices and other cost pressures filter through".
She Said that retailers were " committed to helping their customers and keeping prices as low as possible".
Many households have felt the impact of rising food bills. Due to cost pressures, major consumer goods companies and supermarkets have pushed up prices,
While overall food inflation rose in the year to April, according to the figures from the BRC-NielsenIQ shop price index, fresh food prices accelerated last month to 17. 8%.
Ms Dickinson said some goods, such as ready meals, had risen in price because of a " knock-on effect from increased production and packaging costs".
She added The Price of coffee had jumped because of an increase in the cost of coffee beans, as well as key producers exporting less.
However, She Said The Price of select items like butter or vegetable oils had already started to come down as retailers passed on some savings.
Wholesale food prices have started to fall and the World Bank , which works on solutions to reduce poverty in developing countries, has said it expects them to drop 8% by The End of this year.
But supermarkets have argued such falls take time to reach the shelves. The BRC has said there is a three- to nine-month lag to see a decrease in wholesale prices reflected in-store.
In March, The Union Unite accused some retailers of " fuelling inflation by excessive profiteering".
The Boss of Sainsbury's said the supermarket would pass on any falls in The Price of goods as soon as it could and was " absolutely determined to battle inflation for our customers".
However, Simon Roberts admitted widespread price falls were not likely to come soon as energy and labour costs continued to rise.
While overall food prices continued to rise in April, the BRC said inflation, which is the rate at which prices rise, both food and non-food, had fallen marginally to 8. 8% in April.
But just because the inflation rate has fallen, that does not mean prices are falling, it just means that prices are not rising as quickly.
The BRC said overall price rises in the shops had slowed slightly in April because of " heavy spring discounting in clothing, footwear, and furniture".
Related TopicsSource of news: bbc.com