World Bank

The lender downgraded growth forecasts for roughly two-thirds of the world's economies, citing disruptions to energy markets and trade routes linked to the conflict

Donor countries committed $23.7 billion to replenish the bank's concessional lending arm, known as the International Development Association (IDA), a World Bank spokesperson told AFP, marking a slight increase from the roughly $23.5 billion pledged during the last fundraising round three years ago.

The World Bank estimates 11 percent goes uncollected, and is burned, disposed of on land or leaks into rivers and the ocean.

Venezuelans living in Colombia, Peru, Chile, and Brazil have, on average, higher levels of education than locals

The World Bank is working to slash how long it takes to get financing projects off the ground as part of a push to speed up and scale up the development lender, its president said.

The International Monetary Fund and World Bank traditionally hold their annual gathering of finance ministers and central bank governors outside their Washington headquarters every three years.

The two international financial institutions are looking to scale up and retool to pursue ambitious global climate goals, while continuing to support emerging market and developing economies struggling to service rising debt levels.

The former Mastercard chief executive told the Council on Foreign Relations in New York that the bank should alter its current twin mandate of poverty alleviation and boosting shared prosperity to include climate change.

The World Bank and Chile are nearing an agreement for insurance against large earthquakes that could affect the nation's budget and public debt.

Ivanka Trump told the media at the time that her father had indeed offered her the job but she turned it down. 

The World Bank employees have sent a petition to its ethics committee, stating that they are “profoundly disturbed” by the prospect of Weintraub getting a job.