The Aral Sea’s disappearance became one of the world’s greatest environmental disasters, but one corner refused to die |
In 1960, the Aral Sea ranked among the largest lakes on the planet, spreading across the border of…
Thailand remains in World Bank’s upper-middle-income category
Thailand’s current GNI per capita under the Atlas method is US$7,690, while the high-income cut-off is more than…
Vietnam, the Philippines elevated to the World Bank’s upper-middle-income status
Vietnam and the Philippines are now “upper-middle-income” countries, at least according to the World Bank, putting them on…
The Women Running Businesses Under Taliban Rules
The Taliban have imposed some of the world’s toughest restrictions on women and girls, but to ward off…
China’s ports are by far the most efficient in the world: World Bank study
China’s ports continued to dominate global efficiency rankings in 2025, with seven Chinese trade hubs placing in the…
As China’s economy lumbers amid property crisis, why hasn’t AI helped pick up the slack?
Unlike the US, artificial intelligence (AI) may not be a panacea for China’s economy amid its deep property…
Thanks to Stalled Economic Growth, a ‘Lost Decade’ Looms
Economic storm clouds, not sunshine, dominate the World Bank’s latest outlook. The lender cut its 2026 global…
Larry Fink warns Americans’ pensions, savings will fund the trillions required for AI data centers. Protect your wealth
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FG cancels $717m World Bank power loan amid blackouts
The Federal Government has cancelled $717.7m in undisbursed World Bank financing for Nigeria’s troubled electricity sector, effectively terminating…
Hoarding Is Driving Energy Prices Higher Everywhere
In economics textbooks, higher energy prices from the war in the Middle East display the power of the…
Bessent disparages IMF, World Bank forecasts, says US will quickly cycle through higher prices
By Andrea Shalal WASHINGTON, April 14 (Reuters) – U.S. Treasury Secretary Scott Bessent on Tuesday took issue with…
China’s middle class is ‘shadow saving’ — hoarding cash instead of spending — and it could be a problem for Americans
China’s middle class is sitting on a mountain of cash, but they’re refusing to spend it. Bank deposits…