World Bank

Belarusian border guards shot down a drone on the border with Lithuania, which was flying towards the territory of Belarus.
This was announced on Thursday by the State Border Committee of Belarus, as TASS reported.

Turkey's industrial production rose by 13.3 percent on an annual basis in February, gathering pace from the 7.6 percent year-on-year increase recorded in the previous month, data from the Turkish Statistical Institute (TÜİK) have shown.

The February reading was also above the 8.9 percent rise in the country's industrial output in February 2021.

Almost a third slower - compared to the forecast from January - will be the growth of the Bulgarian economy in 2022 due to the war in Ukraine and the risks of prolonged military conflict, point to further adjustments to downward growth. Instead of 3.8% of GDP, the new expectations are for 2.6%, i.e. adjustment for growth contraction of 1.2 percentage points.

Disruptions to supplies of commodities, financial strains and higher prices are among the impacts of the war in Ukraine that will slow economies in Asia in coming months, the World Bank says in a report released yesterday.

The report forecasts slower growth and rising poverty in the Asia-Pacific region this year as "multiple shocks" compound troubles for people and for businesses.

The meeting will discuss the conflict in Ukraine and potential options for helping that country, said the President of the World Bank, David Malpass.

After Microsoft announced it would spend tens of billions of dollars to buy a video game company, World Bank President David Malpass on Jan. 19 drew a contrast between the deal and the amount of money rich nations have pledged to help poor countries facing higher debt loads.

"The jump in prices will continue at least until spring. The main driver for this is the high cost of energy. These are at least the forecasts of the IMF, the EC, the World Bank, and the EBRD." This was stated on Nova TV by the financier Associate Professor Emil Harsev.

Unfortunately, for the past 30 years, both international and Albanian leaders have often tipped the scales of justice to serve their respective political agendas.

More than half a billion people worldwide were brought to extreme poverty last year because they had to pay for health care themselves during the height of the Covid-19 pandemic, the World Health Organization and the World Bank said on Sunday.

International donors agreed to release $280 million in aid to Afghanistan, the World Bank has said, after repeated warnings that more than half the population face "acute" food shortages this winter.