The World Bank has announced Mr. Hideki Matsunaga as the Country Manager for Somalia. He will oversee the design and implementation of the Somalia portfolio totaling $2.63 billion.Mr. Matsunaga, a ...

Dar es Salaam. The World Bank has introduced a new global poverty threshold, raising the international poverty line from $2.15 to $3 per person per day.In local terms, the new benchmark translates to ...

HSBC Holdings' leadership changes, restructuring, and macro uncertainties suggest some uncertainty for the future. Read why I ...

India’s emergence as one of the world’s fastest-growing economies has attracted a surge in Foreign Direct Investment (FDI) and global business interest. With it ...

As power system planning is one of the key activities performed by energy ministries and utilities around the world, the ambition of this tool is to actively inform the operational work of the World ...

While the war between Israel and Iran ended after 12 days, tensions in the fiercely contested West Bank are only increasing.

The Confederation of Indian Industry (CII) has projected India’s GDP growth to be in the range of 6.4 to 6.7 percent for the ...

Deutsche Bank has revamped some leadership roles in its deal-making business, the latest reshuffle at the German lender's ...

Deutsche Bank AG is reorganizing its global origination and advisory business division in a move to simplify the structure ...

David Frame is named global head of the private bank, helping deep-pocketed clients invest more abroad.

The World Bank's Prospects Group conducts in-depth analysis of key global macroeconomic developments and their impact on World Bank member countries. The Prospects Group leads the World Bank’s ...

The World Bank and IAEA have signed a landmark agreement to support safe nuclear energy in developing countries, focusing on ...