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Damage to Amazon Rainforest Could Cost Brazil $184 Billion: World Bank
Extreme weather events are already taking a toll on Latin America’s largest economy, costing it $2.6 billion on average each year, according to the bank
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Latin American Countries Will Grow Less Than Expected: World Bank
Domestic impacts of the recent collapse of three regional banks in the US “remain to be seen,” the bank said in a report
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Colombia, Peru Eye World Bank Cat Bonds as Trade Revives
The countries are among those looking to take advantage of renewed investor interest in the bank’s catastrophe or cat bonds, or debt offerings where investors risk steep losses in the event of a disaster
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Why Is Latin America and the Caribbean the World’s Costliest Region for a Healthy Diet?
Latin America and the Caribbean is the region where a healthy diet is most expensive, at $3.89 per person per day in 2020, followed by Asia, according to the World Bank and Tufts University
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How Do Latin American Countries Compare for Labor Laws Fostering Gender Equality?
Peru is the region’s country with the best labor laws in favor of women’s economic opportunities, according to a World Bank report
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World Bank to Warn of Sharp Global Recession Risk in Economic Outlook
The warning is contained in an abstract for the bi-annual “Global Economic Prospects” report due for release on Tuesday
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Brazil to be the first country to receive sustainable financing from the World Bank
The entity's board of directors approved a US$400 million financing facility with Banco do Brasil SA for long-term sustainable loans
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World Bank Plans Insurance Help for Farmers in Central America’s Northern Triangle
Agricultural exports play a significant role in the economic stability of the so-called Northern Triangle of Central America
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Guyana Poised to Post World’s Highest GDP Growth
One of Latin America’s smallest countries could see 100% growth of its gross domestic product by end-2023 compared with two years earlier
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A $4-Trillion Gap Haunts Global Finance Leaders on Eve of Washington Meeting
The current confluence of economic, climate and security crises makes it unlike anything global policymakers have seen since 1945
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Number of Latin Americans Living in Poverty Expected to Surpass One-Third of Total
Around 170 million people live below the poverty line in 18 Latin American countries, around 25% of the total, with inflation and low economic growth expected to swell the figures
Otras noticias sobre World Bank
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Financial Inclusion Advances in Latin America Due to Pandemic
The Covid-19 pandemic drove an increase in the use of digital payments and of the number of adults with bank accounts in the region, according to a World Bank report
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The Global Economy Is Facing Danger Again, says World Bank President
David Malpass says the global economy "is facing high inflation and slow growth at the same time." He adds that even if a global recession is averted, the pain of stagflation could persist for several years