UNCOVERED: Ajay banga - The Untold Story

World Bank has a $19 billion gameplan to expand its critical minerals business in five years

World Bank President Ajay Banga has set a target to quintuple the lender’s critical minerals business over five years, with financing projected to rise to $19 billion in FY26-FY30 from $3.6 billion in the previous five years. The bank has identified 20 countries for partnerships to build local industries and…

The Economic Times · Oct 16

World Bank in talks with 30-40 countries over aid to tackle Middle East energy shock

The World Bank is in talks with numerous countries to address energy price increases stemming from the Middle East crisis. While the global economy remains resilient, developing nations face growing challenges from rising diesel and fertilizer prices. The Bank anticipates more countries may access crisis funds as conditions worsen in…

The Economic Times · Oct 11

'It's Not Coming, Trust Me': World Bank Chief Says Big AI Data Centres Will Stay in Rich Grids

AI data-centre electricity use could nearly double by 2030, while the World Bank says frontier-scale infrastructure remains out of reach for most emerging markets

International Business Times UK · Sep 24

Nirmala Sitharaman, IMF chief discuss India’s growth trajectory, global economic outlook

Finance Minister Nirmala Sitharaman met IMF Managing Director Kristalina Georgieva in Asheville. Georgieva acknowledged India's strong economic performance and evolving growth trajectory. Sitharaman also met World Bank President Ajay Banga and EU Commissioner Valdis Dombrovskis. Discussions focused on deepening economic partnerships and investments. Both leaders emphasized continued engagement for global…

The Economic Times · Sep 2

'The largest energy security threat in history' is about to push oil prices further up, IEA warns

No new energy shipments have been loaded in April, signalling a worsening disruption that could intensify the global energy and economic impact, IEA Executive Director Fatih Birol said on Monday.

Euronews · Apr 14

Iran-US war latest: Vance says peace talks have failed after 21 hours of negotiations in Pakistan

A Pakistani source said there were ‘mood swings’ from Washington and Tehran in the first round of talks

The Independent UK · Apr 11

World Bank Group opens its first office in Qatar

The World Bank Group has officially opened its first office in Doha, marking a new phase in its partnership with Qatar and strengthening cooperation on development, private investment and support for fragile economies in the region.

Euronews · Jan 25

Netanyahu, Putin and the Pope: Who has been invited to Trump’s Gaza ‘Board of Peace’?

Russian president Vladimir Putin and the Pope considering invitations to join

The Independent UK · Jan 17

Mozambique welcomes $6 billion electricity project from World Bank backing

Mozambique has won World Bank backing for a $6 billion hydroelectric plant

The Independent UK · Sep 7, 2025

Public Or Private? Funding Debate Splits Reeling Aid Sector

As cuts by rich donors decimate aid budgets for the world's most vulnerable, private financing has been touted as the sector's saviour -- but not everyone is convinced.

International Business Times · Jul 2, 2025