He World Bank (WB) maintains that the conflict between Israel and the Islamist group Hamas has caused some US$18.5 billion in damage to vital infrastructure in the Palestinian enclave of Loopaccording to a report released Tuesday. This is equivalent to 97% of the combined Gross Domestic Product (GDP) of the occupied Palestinian territories of the […]
Tag: world Bank
France and the US want development banks to finance nuclear energy
France and USA They lead an initiative for international financial organizations to intervene so that development banks finance the development of the nuclear energy, which requires enormous and very long-term investments. This proposal will be one of the priorities of the French president, Emmanuel Macron, at the summit on nuclear energy organized on Thursday in […]
World Bank: equality between men and women is a distant goal
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The economic parity between men and women It is still a very distant objective that no country, not even those with more advanced economies, has achieved, according to the most recent report from the World Bank (WB) on Women, business and legislation. In this edition, the WB took into account broader criteria than it had […]
The volume of waste in the world will continue to grow, warns the UN
The volume of waste in the world, which in 2023 was 2.3 billion tons, could increase by more than 60% in 2050 if urgent measures are not taken and have serious health and economic impacts, warned on Wednesday the UN. At this rate, current waste (excluding industrial and construction waste) is expected to reach 3.8 […]
Global economic growth is at its lowest level in the last 40 years, says WB
The president of the World Bank (WB), Ajay Banga, assured today that global economic growth is currently at the lowest level in the last 35 or 40 years due to the wars of Loop and Ukraine, in addition to tensions in the Red Sea. Within the framework of the World Government Summit (WGS), a forum […]
War in Gaza and attacks in the Red Sea threaten global economy, according to IMF and WB
He International Monetary Fund and the World Bank warned this Monday that the war Loop and attacks against merchant ships in the Red Sea They pose a threat to the world economy. The managing director of IMFKristalina Georgieva said at the World Government Summit in Dubai that the war in Gaza between Israel and the […]
Bank interest rates will remain high during the summer
When the pandemic suddenly stopped economic activity, the Central Reserve Bank of Peru (BCRP) decided to bring the reference interest rate closer to 0% to make credit cheaper. Once the health catastrophe had passed, the excess liquidity due to the constant withdrawals of AFP, CTS and, in part, bonds, in an adverse global context, catapulted […]
WB predicts meager growth in Latin America, the region with the least GDP growth
The global economy is on track to break a five-year record with the lowest economic growth in the last three decades and the prospects for Latin America are not entirely encouraging: they suggest a meager growth of 2.3% in 2024, according to a report published on Tuesday by the world Bank. But although the region’s […]
Peruvian GDP will grow 2.5% in 2024, according to the World Bank
After the 0.4% contraction seen in 2023, the multinational front warns that political instability continues to affect investment projects. Join the La República WhatsApp channel Price of the dollar in Peru: what is the exchange rate quote this Tuesday, January 9? What are the 3 labor modifications that will be applied in 2024? The World […]
José de Echave: “Neither the Executive nor Congress have the will for a tax reform”
Chili received 2024 with the beginning of a new royalty law for large copper mining, called mining royalty, which will allow it to raise US$1,350 million annually. The measure was presented by President Gabriel Boric and the Senate. De Echave recounts the need to apply a mining tax reform and warns, despite the territorial proximity, […]