Page 31 - Anna Bjerde News Today

The war against Ukraine and sanctions on Russia are hitting economies around the globe, with emerging market and developing countries in the Europe and Central Asia region expected to bear the brunt, says the World Bank’s latest Economic Update for the region.

Meanwhile, the Russian economy is expected to contract by some 11% this year as a result of sanctions, and several other countries in the region are projected to fall into recession.

New report also predicts Russia’s 2022 GDP could fall 11% due to punishing financial sanctions

The World Bank forecasts Ukraine's economy will shrink by 45.1% as a result of Russia's invasion.

Ukraine's economic output is likely to contract by a staggering 45.1 per cent this year as Russia's invasion has shuttered businesses, slashed exports and rendered e...

The World Bank report estimates that over half of Ukraine's businesses are closed. . Read more at straitstimes.com.

WARSAW, April 7, 2022 – World Bank Group President David Malpass will arrive in Warsaw on Monday, April 11, 2022, for a two-day visit. This will be Mr. Malpass’s first trip to Poland as World Bank Group President and the first mission by a Bank President to Poland since 2009.

Finance - World Bank Group President David Malpass will arrive in Bucharest on Wednesday, April 13, 2022, for a two-day visit.   This will be Mr. Malpass’

World Bank Group President David Malpass will come to Romania for a two-day official visit starting Wednesday, April 13, the WB announced in a...

Chairman of the Romanian Senate Florin Citu has been on a tour to the US March 24-30, and on the last day of the tour he is scheduled to meet World...