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Latest World Bank News

The Egyptian National Bank has joined Ripple’s payment network RippleNet. The bank plans to use RippleNet as a portal to improve remittances.
World Bank and the Commonwealth Bank of Australia (CommBank) have started to work together for enabling the recording of secondary market bond trading
World Bank and IMF launch Learning crypto coin
World Bank and IMF launch Learning crypto coin
Apr 15, 2019
Maya Mandzikasvili
The IMF and the World Bank announced the launch of the "learning coin", which should help to better understand the blockchain and cryptocurrency.
Grexit could delay US rate hike
Grexit could delay US rate hike
May 03, 2018
Nasir Mohammad
Wall Street holds a heavy portion of Greek debt, the outcome of the situation will have an effect on the US markets. Hence, Grexit could delay US rate hike.
BRICS New Development Bank
BRICS New Development Bank
May 03, 2018
Edmundas Povilavicius
BRICS New Development Bank rivals with the likes of IMF and World Bank. This New Development Bank of BRICS got launched on tuesday in China and it is seen..
World bank advices against US rate hikes
World bank advices against US rate hikes
May 03, 2018
Nasir Mohammad
According to the world bank chief economist, the Fed will trigger turmoil in emerging markets if it decides to commence the US rate hikes at its September..
Warren Buffet on rate hikes
Warren Buffet on rate hikes
May 03, 2018
Nasir Mohammad
The impending FOMC meeting this week has prompted different opinions, like Warren Buffet on rate hikes. Both the IMF and the world bank have advised the ...
Economists criticise Yellen's speech
Economists criticise Yellen's speech
May 03, 2018
Nasir Mohammad
After the central bank failed to raise rates last week, a string of opinions on this decision has been made, with many economists criticise Yellen's speech
However, in the World bank oil forecast regarding the black gold, the bank has raised crude oil's price forecast for this year to $43 a barrel from $41 per