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World Bank estimates cost of rebuilding Gaza at $485M

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JERUSALEM — Rebuilding Gaza after the latest devastating war between Israel and the territory's militant Hamas rulers will cost up to $485 million, the...

World Bank raises China growth outlook to 8.5%

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BEIJING — The World Bank raised its forecast of China’s economic growth this year to 8.5% from 8.1% and said Tuesday a full recovery...

Lebanon raises price of bread amid crippling economic crisis

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BEIRUT — Lebanon’s economy ministry on Tuesday raised the price of subsidized bread for the fifth time in a year amid the tiny country’s...

Lebanon raises price of bread amid crippling economic crisis

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BEIRUT — Lebanon’s economy ministry on Tuesday raised the price of subsidized bread for the fifth time in a year amid the tiny country’s...

World Bank: Lebanon’s crisis among world’s worst since 1850s

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BEIRUT — Lebanon’s severe economic and financial crisis is likely to rank as one of the worst the world has seen in more than...

World Bank allocates $2 billion to fund projects in Sudan

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CAIRO — The World Bank said Monday it has allocated $2 billion to cash-stripped Sudan as the transitional government has struggled to address the...

Leaders hold talks in Paris to revive African economies

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PARIS — More than 20 heads of state and government from Africa held talks in Paris with the heads of international organizations Tuesday on...

Cash-strapped Sudan clears overdue payments to World Bank

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CAIRO — The Sudanese government said Friday it cleared all of its overdue payments to the World Bank, a move that gives the highly-indebted...

Lebanese parliament approves World Bank loan to help poor

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BEIRUT — Lebanon’s parliament on Friday approved a $246 million loan from the World Bank that would provide cash assistance for more than 160,000...