Now playing Next Markets World Bank: Shock in oil and food prices if Israel Hamas war escalates In its latest report, the World Bank outlines three possible scenarios and what they entail for the commodity markets. 31/10/2023
Now playing Next Focus Morocco sets ambitious tourism targets as it bounces back from quake Morocco proved its resilience during the devastating earthquake in September. Now, the country is looking to sustainably expand its tourism sector ahead of the 2030 FIFA World Cup. 13/10/2023
Now playing Next Green News The World Bank has had enough of billion euro fossil fuel subsidies Fossil fuel and agricultural subsidies should be redirected to climate action, Ajay Banga suggested at the bank's annual meeting. 13/10/2023
Now playing Next Economy IMF worries about China's financial stability due to property crisis At the ongoing World Bank-IMF annual meetings in Morocco, IMF officials urged Chinese authorities to intervene as an unprecedented property crisis rocks the world's second-largest economy. 11/10/2023
Now playing Next Economy Morocco welcomes IMF-World Bank meeting a following deadly earthquake Less than a two-hour drive from where families sleep in tents and earthquake rubble remain in piles, the world's most powerful financial institutions are gathering for a week of discussions on economic challenges during times of war, inequality and climate change. 09/10/2023
Now playing Next Economy IMF: Private sector needs to shoulder most of the climate investment burden Developing countries need $2 trillion in annual climate investments - IMF says the majority has to come from the private sector. 05/10/2023
Now playing Next Economy World Bank slashes China growth forecast for next year The world’s second-biggest economy hasn’t grown so slowly since 1990, aside from the pandemic years. 03/10/2023
Now playing Next Business New trade corridor, new member: Five key takeaways from the G20 summit Last weekend leaders of the richest countries gathered in New Delhi for the G20 summit. Here’s how they plan to shake up the world’s economy 11/09/2023
Now playing Next India Consensus reached on G20 declaration despite Ukraine differences - Modi There had been concerns that, due to the absence of the Russian and Chinese presidents and marked differences of opinion within the group over the war in Ukraine, that an agreement would be hard to come by. 09/09/2023
Now playing Next world news Euroviews. It's halftime for the 2030 Agenda. We now need to score more goals Although, as a global community, we are a long way off from achieving the 17 SDGs, we are now at a crossroads and need to set a course that will allow us to better hit our targets in the second half, German Minister for Economic Cooperation and Development Svenja Schulze writes. 03/05/2023
Now playing Next Ukraine International Community called to rebuild Ukraine With each passing day, the bill for Russia's invasion of Ukraine rises. The estimated value has already exceeded the €400 billion mark – and it will not stop there. 28/04/2023
Now playing Next Ukraine Global tensions impact World Bank and IMF Spring Meetings The World Bank and International Monetary Fund's annual Spring Meetings kick off this week with concerns over high inflation, rising geopolitical tension, and financial stability. 11/04/2023
Now playing Next Green News Developing countries ‘need $2 trillion climate funding a year by 2030' The climate crisis disproportionately impacts developing countries. A new report has put a price tag on the climate financing they need. 08/11/2022
Now playing Next Green News These European countries are pouring billions into fossil fuels abroad The astronomical funding is a 35 per cent decrease from the 2016 to 2019 period - but nonetheless jeopardises crucial climate pledges. 02/11/2022
Now playing Next Green News As fatal floodwaters recede, Pakistan is facing €40 billion in damages The UN has revised its appeal for aid five-fold, as new assessments show an urgent need for long-term help into next year. 19/10/2022
Now playing Next world news Projections of economic stagnation are cause for worry, expert says "There is no doubt that we are still in a crisis situation," Vicky Pryce, Chief Economic Advisor at the Centre for Economics and Business Research in the UK, told Euronews. 13/10/2022
Now playing Next Ukraine Russia's war to shrink Ukrainian economy by 45%, World Bank says The invasion which started on 24 February has resulted in half of the country's businesses shutting down and the other half operating below capacity as well as the destruction of a vast amount of infrastructure. 11/04/2022
Now playing Next Green News Why is Turkey being given a green loan of €300 million? Turkey is the fastest growing OECD economy with rapidly increasing greenhouse gas emissions, but a green loan could make a big difference to the environment. 31/03/2022
Now playing Next world news IMF's board approves allowing Georgieva to remain as head The International Monetary Fund expressed “full confidence” in its managing director on Tuesday in response to allegations that World Bank staff were pressured to change business rankings for China in an effort to placate Beijing. 12/10/2021
Now playing Next the global conversation "Today there are vaccines that are not getting to the poorest countries" In this edition of The Global Conversation, Euronews' Méabh Mc Mahon speaks to the World Banks' Managing Director, Axel van Trotsenburg. 21/09/2021