What Is the role of the World Bank?
The World Bank stands as one of the most influential international financial institutions, shaping economic development across continents through financial support, technical assistance, and policy guidance.
The World Bank stands as one of the most influential international financial institutions, shaping economic development across continents through financial support, technical assistance, and policy guidance.
Beginning June 30, 2025, Russia will implement a new digital pre-registration system for foreign nationals entering the country under a visa-free regime, according to updated government regulations.
Armenia has proposed elevating its cooperation with Cyprus to the level of a strategic partnership, a move positively received by Cypriot officials.
Asian markets began the week on a cautious note Monday as softer-than-expected Chinese retail sales data and growing uncertainty over U.S. economic and trade policy pressured sentiment across global equities and currency markets.
Iran will continue to enrich uranium regardless of whether a new nuclear agreement is reached with the United States, Iranian Foreign Minister Abbas Araghchi said on Monday in a statement on social media platform X.
Kazakhstan is taking concrete steps toward the development of its first nuclear power plant, with the country now in the pre-project phase, according to Rinat Okasov, Deputy Director General of Kazakhstan Nuclear Power Plants LLP (KAEŞ).
The Tazhen border checkpoint on the Kazakhstan–Uzbekistan border will remain closed for an additional four months, until September 1, 2025, according to Kazakhstan’s State Revenue Committee (KDG) of the Ministry of Finance.
Former President Joe Biden has been diagnosed with an aggressive form of prostate cancer that has metastasized to his bones, according to an announcement from his personal office on Sunday, May 18, 2025.
Southeast Asia is witnessing a renewed surge in COVID-19 infections, with Singapore, Hong Kong, China, and Thailand all reporting sharp increases, raising concerns about a possible new wave of the virus across the region.
In January 2025, the CIA made headlines by revising its position on the origins of COVID-19, now favoring the laboratory leak theory over natural origins.
Nvidia (NASDAQ: NVDA) announced a significant move to expand its influence in AI hardware on Monday, revealing plans to sell its NVLink Fusion technology to other chipmakers, enabling faster communication between artificial intelligence (AI) chips.
Matcha and coffee have both surged in popularity as go-to beverages for energy and potential health benefits. While coffee has long dominated the morning routine of many people worldwide, matcha-a powdered form of specially grown green tea-has emerged as a compelling alternative.
On Monday, May 19, 2025, the United Kingdom and European Union finalized a landmark agreement aimed at resetting their post-Brexit relationship.
resident Donald Trump’s administration is facing mounting criticism from scientists, maritime professionals, and lawmakers after a leaked budget memo revealed plans to eliminate all federal funding for the Integrated Ocean Observing System (IOOS).
The United Kingdom and the European Union are holding their first official summit since Brexit on Monday, as Prime Minister Keir Starmer hosts European Commission President Ursula von der Leyen and other senior EU officials in London.
Azerbaijani authorities have detained and repatriated a group of citizens allegedly involved in international terrorist activities.
Georgian President Mikheil Kavelashvili is set to meet with Pope Leo XIV on Monday at the Vatican, the president announced earlier today.
China's factory output in April showed surprising resilience in the face of heightened U.S. tariffs, offering a rare bright spot in a month otherwise marked by sluggish consumer spending and a persistent property sector slump, according to data released Monday by the National Bureau of Statistics.
The conflict between the Trump administration and Harvard University has escalated dramatically in recent months, with the federal government freezing billions in funding and explicitly threatening to revoke the university's tax-exempt status.
U.S. officials have privately expressed frustration over Australia’s decision to send 49 retired M1A1 Abrams tanks to Ukraine, as the first vehicles begin their journey to Europe amid growing concerns about their battlefield effectiveness and long-term sustainability.
Global markets opened the week under pressure, with Asian equities broadly lower after disappointing Chinese retail sales data added to mounting concerns over Beijing’s ability—or willingness—to pivot from its traditional export-led growth model to one fueled by domestic consumption.
Polish Prime Minister Donald Tusk said Friday that Russian hackers launched cyberattacks against websites belonging to parties in his ruling coalition, just two days ahead of the country’s closely watched presidential election.
Australia has confirmed that a fleet of retired U.S.-made Abrams tanks promised to Ukraine is finally on the way, Prime Minister Anthony Albanese told Ukrainian President Volodymyr Zelenskyy during a meeting in Rome on Sunday, according to the Australian Broadcasting Corporation (ABC).
Portugal’s centre-right Democratic Alliance (AD), led by Prime Minister Luis Montenegro, has won the country’s third parliamentary election in as many years, but once again failed to secure a majority, setting the stage for further political uncertainty.
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