The U.S. economy is projected to see 1.6 percent growth this year, down from the 2.2 percent that the IMF had previously forecast. Globally, growth is seen essentially moving sideways in 2016.
The number of people living in extreme poverty continues to plunge despite slowing global growth, the World Bank says. More than 1 billion people rose out of poverty between 1990 and 2013, it says.
You could pay for an awful lot of coffee with the $172.5 trillion needed to make the U.N. development goals come true by 2030. Pledges are trickling in, but will it be enough?
International banks are promising nearly a billion dollars in aid to the three countries hardest hit by Ebola. The number of weekly cases has dropped below 40 — the lowest level since last May.
Large projects funded by the bank have left millions of poor people worse off, an investigation found. The bank says the vast majority of its projects don't fall into this category.
Iraq's prime minister is trying to drum up military support against the self-proclaimed Islamic State, which controls parts of his country. He is also looking for billions of dollars in loans.