development banking

By FABIOLA SÁNCHEZ, MAURICIO SAVARESE and DANIEL POLITI - Associated Press MEXICO CITY (AP) — No item is more essential to Mexican dinner tables than the corn tortilla. But the burst of inflation that…

By PAUL WISEMAN - AP Economics Writer WASHINGTON (AP) — The heads of the International Monetary Fund and the World Bank warned Wednesday that rising interest rates are squeezing the world's poorest…

By The Associated Press LONDON — The World Bank says Ukraine’s economy will shrink by 45% this year because of Russia’s invasion, which has shut down half of the country’s businesses, choked off imports…

By ELAINE KURTENBACH - AP Business Writer BANGKOK (AP) — Disruptions to supplies of commodities, financial strains and higher prices are among the impacts of the war in Ukraine that will slow economies…

CAIRO (AP) — The World Bank has approved an additional $300 million for desperately needed aid for the…