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TN Magazine Special reports Weekend

Road to Net Zero

Music & On-stage

Fashion & Beauty

Road to Net Zero

Music & On-stage

Fashion & Beauty

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World Bank

News from the global financial institution that provides loans and grants to developing countries, aiming to reduce poverty and foster economic development

Vivek Pathak, the IFC's global head and director of climate business. Photo: IFC

World Bank's IFC extended $7.7bn for climate financing in year to June

BankingOctober 04, 2022

A Tunisian woman buys vegetables at a market in Tunis, Tunisia, 13 April 2021. EPA

Tunisia gets $147m European loan for grain imports

TunisiaSeptember 29, 2022

A resident of Alaki Village in Uganda checks on solar panels. Africa is facing a widening electricity gap, with half of the population having no access to power. AFP

Solar mini grids 'could power half a billion people by 2030'

EnergySeptember 28, 2022

Activists stage a protest at the World Bank headquarters in Washington, calling for world leaders to fire World Bank president David Malpass after his statements casting doubt on climate change. AP

World Bank head David Malpass says he's not a climate change denier and won't quit

EconomySeptember 24, 2022

Electric scooters on display at Bengaluru. Indian banks are reluctant to finance EVs. EPA

India and World Bank in talks to boost financing for electric vehicles

BankingSeptember 21, 2022

Palestinians could face increases of up to 80 per cent in the cost of bread, flour and vegetable oil between January 2022 and January 2023. Reuters

Palestine's economy forecast to grow 3.5% in 2022, World Bank says

EconomySeptember 18, 2022

Cyrus Mistry, former chairman of Tata Sons, died in a car crash on Sunday while travelling to Mumbai from Ahmedabad. EPA

Cyrus Mistry's death puts spotlight on India's dismal road safety record

AsiaSeptember 06, 2022

A shop in Beirut, Lebanon, where the nominal food inflation rate in the country hit 332 per cent, according to the World Bank. AP

Lebanon is the country worst hit by food-inflation crisis

EconomyAugust 04, 2022

People line up in front of a bakery to buy bread in Lebanon's southern city of Sidon on June 22, 2022 as fuel and wheat shortage deepens. - Lebanon has been battered by triple-digit inflation, soaring poverty rates and the collapse of its currency since a 2020 debt default. (Photo by MAHMOUD ZAYYAT / AFP)

Lebanon parliament approves $150m World Bank loan for wheat imports

MENAJuly 26, 2022

A boy rides his donkey in the village of Al Laota, south-west of Sudan's capital Khartoum. The WFP estimated that the number of people experiencing crisis and emergency levels of hunger will reach 18 million by September in Sudan. AFP

World Bank to donate $100 million to help Sudan food security

MENAJuly 21, 2022

Auto rickshaw drivers queue to buy fuel in Colombo on July 3. AFP Photo

Sri Lanka fuel crisis continues as government issues new quota rules

AsiaJuly 05, 2022

Sri Lankan mother and child wait to get a fuel token at a closed gas station amid a fuel shortage in Colombo, Sri Lanka, 28 June 2022. Sri Lankan government suspended nationwide fuel sales for private vehicles for two weeks due to worsen fuel shortage in the country. The Indian Oceans Islands nation is facing its worst economic crisis in decades due to the lack of foreign exchange, resulting in severe shortages in food, fuel, medicine, and imported goods. Protests have been rocking the country for weeks, calling for the resignation of the president over the alleged failure to address the worsening current economic crisis. EPA / CHAMILA KARUNARATHNE

Sri Lankans tell of fears over fuel crisis amid economic collapse

AsiaJuly 03, 2022

A demonstration in Tunis. Tunisia is in a grip of political turmoil and is seeking $4 billion in assistance from the IMF to cope with an economic crisis. AFP

Tunisia taps into strategic petroleum reserves to meet domestic demand

EnergyJune 30, 2022

Tunisians protest in the capital against political reforms proposed by President Kais Saied. Reuters

Tunisia's political tension compounds economic crisis

EconomyJune 22, 2022

Mohammed Yayyattukavil, who moved to the UAE 30 years ago, advises young people to adopt a culture of saving. Antonie Robertson/The National

How Indians in UAE are working to secure a better future for families back home

UAEJune 16, 2022

The Palestinian economy grew 7.1 per cent last year, after shrinking 11.3 per cent in 2020, World Bank data shows, but many people remain in poverty. AFP

World Bank approves grants worth $37m to support Palestinian reforms

BusinessJune 08, 2022

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