Biden Pledges Record $4 Billion to World Bank Fund

Biden pledges record $4 billion to World Bank fund for poorest countries
U.S. President Joe Biden pledged a $4 billion U.S. contribution to the World Bank's International Development Association fund for the world's poorest countries, a senior Biden administration official said on Monday.
Biden pledges record $4 bln US contribution to World Bank fund for poorest countries
US President Joe Biden has pledged a $4 billion US contribution to the World Bank's International Development Association (IDA) fund for the world's poorest countries, two sources with knowledge of the commitment said on Monday.
US Pledges $4 Billion for World Bank Arm Focused on Poor Nations
President Joe Biden pledged $4 billion for the World Bank unit focused on low-interest loans and grants to the poorest nations, bolstering the effort to secure funding amid uncertainty over the policies of President-elect Donald Trump.
South Korea pledges 45% increase in World Bank fund contribution
South Korean President Yoon Suk Yeol has pledged a 45% increase in the country's contribution to the World Bank's International Development Association fund to more than $600 million, the finance ministry said on Tuesday.
Biden to Announce 'Historic' Pledge to World Bank Fund for Poorest Countries, Advisor Says
U.S. President Joe Biden is set to announce a 'historic' pledge to replenish the World Bank's International Development Association fund aimed at the world's poorest countries, U.S. deputy national security advisor Jonathan Finer said on Monday.
Biden in 'historic' pledge for poor nations ahead of Trump return
US President Joe Biden announced a "historic" $4 billion pledge for a World Bank fund that helps the world's poorest countries, the White House said Monday, before Donald Trump takes office with a new cost-cutting agenda.
World Bank: Lebanon’s war-inflicted losses reach $8.5 billion
Crisis-ridden Lebanon has suffered physical damages and economic losses estimated at $8.5 billion during more than a year of ...
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World Bank: Israel-Hezbollah war cost Lebanon $8.5 billion in physical damages, economic losses
The World Bank says the Israel-Hezbollah war has cost Lebanon $8.5 billion in physical damages and economic losses. Housing ...
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Nigeria, Ethiopia, Others Among Biggest Beneficiaries of World Bank Funding
Since its founding in 1960, the International Development Association distributed more than $287b in funding to support ...
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World Bank Expands Lifeline to Small States hit by Disasters
BAKU, November 12, 2024—The World Bank Group has expanded its lifeline to countries struggling to rebuild from disasters, allowing small, vulnerable states to postpone loan and interest repayments ...
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Hezbollah’s war with Israel cost Lebanon at least $8 billion — World Bank
Report says losses concentrated in commerce, tourism, hospitality and agriculture, in addition to damage to physical ...
Israel-Hezbollah conflict cost Lebanon $8.5 billion, World Bank says
The World Bank said on Thursday the ongoing conflict between Israel and Hezbollah has caused $8.5 billion in damage and ...
Pacific atolls face $13.5 billion cost of rising sea levels, says World Bank
Much of Kiribati, Tuvalu and Marshall Islands could be submerged as early as 2050. Read more at straitstimes.com.
TD Bank’s venture into the peculiar world of alien gold coins and other precious metal collectibles
The online store of TD Precious Metals has quietly become one of the largest purveyors of gold and silver items in Canada’s ...
US hits Israeli settler group with sanctions over West Bank violence
The United States imposed sanctions on Monday on Israeli settler group Amana, accusing the organization of helping perpetrate ...