The East African nation is particularly vulnerable given it imports the vast majority of its fuels from the Gulf.
The Iran war risks causing food shortages as soaring fertiliser prices push more farmers to the brink, the World Bank has warned.
Global commodity prices are set to increase this year to the highest since 2022 as the war in Iran continues to disrupt key ...
S INCE 1980 the World Bank and the IMF have stuck to a plan. When countries on the brink of financial collapse come to them, ...
That happened 30 years ago, when the World Bank answered an ancient policy question—should a government ever load the dice in ...
Kenya expects to receive between $580 million and $600 million from the World Bank’s rapid response facility if it seeks ...
By Andrea Shalal WASHINGTON, April 28 (Reuters) - Energy prices are expected to surge by 24% in 2026 to their highest level ...
Global finance leaders are in Downtown D.C. for the IMF and World Bank spring meetings, and that means road closures and ...
WASHINGTON, April 16 (Reuters) - Kenya has requested rapid financial support from the World Bank to help it manage the ...
Higher energy prices are hitting economies across the globe. CNBC's Steve Sedgwick speaks to World Bank Deputy Chief ...
Bessent questions climate science and calls for World Bank to finance oil, gas and coal — sparking alarm as the bank’s ...
Energy prices are expected to rise by 24 percent in 2026, reaching their highest level since 2022, as the Middle East conflict disrupts supply and shocks ...
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