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World Bank

Global economy set for its worst half decade of growth in 30 years: World Bank

by Walter Watson
Global economy set for its worst half decade of growth in 30 years: World Bank

A job fair in China’s southwestern city of Chongqing on April 11, 2023. Str | Afp | Getty Images The global economy is on course to record its worst half …

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Vietnam, Philippines, other Asia-Pacific sovereigns face credit downgrades from flood risk if they fail to adapt: Fitch

by Anas Siddiqui
Vietnam, Philippines, other Asia-Pacific sovereigns face credit downgrades from flood risk if they fail to adapt: Fitch

Countries in south and southeast Asia are the most exposed to flooding risks in the Asia-Pacific region, and sovereigns with a lower capacity to adapt are likely to face negative …

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Ukrainian leader’s rude awakening: In Washington, his country’s destiny is a bargaining chip

by Walter Watson
Ukrainian leader’s rude awakening: In Washington, his country’s destiny is a bargaining chip

A U.S. senator looked at Ukraine’s president in a meeting and informed him: This problem is nothing personal. He was referring to the potential expiry of American military support — tens …

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Hong Kong sees room for insurers to grow market for catastrophe bonds as climate crisis spurs record losses

by Anas Siddiqui
Hong Kong sees room for insurers to grow market for catastrophe bonds as climate crisis spurs record losses

Hong Kong could establish itself as a hub for global insurers and supranational organisations to raise funds through catastrophe bonds to manage their exposure to losses linked to natural disasters …

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FII Priority: Ray Dalio’s ‘smart rabbit with 3 burrows’ hedge shows Chinese executives the way to navigate Middle Eastern markets

by Anas Siddiqui
FII Priority: Ray Dalio’s ‘smart rabbit with 3 burrows’ hedge shows Chinese executives the way to navigate Middle Eastern markets

The FII Institute will host the FII Priority Asia Summit in Hong Kong on December 7 and 8. Chief Executive John Lee Ka-chiu will attend the opening ceremony, while Financial …

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From Haryana to DC: Garima Nain selected as a Research Analyst at World Bank

by Judith Hall
From Haryana to DC: Garima Nain selected as a Research Analyst at World Bank

ROHTAK: Garima Nain, a Rohtak resident who completed her secondary and senior secondary education in Jind and Rohtak, achieved a significant milestone by securing a position as a Research Analyst …

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Opinion: Fight climate change by funding concrete projects, not pious hopes

by Anas Siddiqui
Opinion: Fight climate change by funding concrete projects, not pious hopes

To suggest the world is hurtling towards its doom might sound extreme, yet it’s hard to avoid that conclusion if we listen to more pessimistic – or perhaps realistic – …

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Laos is spiraling toward a debt crisis as China looms large

by Walter Watson
Laos is spiraling toward a debt crisis as China looms large

A pedestrians at a bus station in Vientiane, Laos, on Saturday, June 24, 2023. Valeria Mongelli | Bloomberg | Getty Images An alarming debt crisis has unfolded in Laos in …

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Opinion: Belt and road: West should work with China to build infrastructure – not against it

by Walter Watson
Opinion: Belt and road: West should work with China to build infrastructure – not against it

This is not the popular view, I know, but as someone long interested in infrastructure (my first editorial on the subject was published in 1966), I have respect for China’s …

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Euroclear and World Bank collaborate on €100 million digital bond issuance via blockchain

by Isaac Wright
Euroclear and World Bank collaborate on €100 million digital bond issuance via blockchain

Euroclear has joined forces with the World Bank to unveil a novel tokenized securities issuance service, marked by a €100 million digital bond issuance, aiming to integrate DeFi technology into …

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