World bank

World Bank warns of 16% rise in commodity pricing over Hormuz closure

World Bank forecasts a 24% rise in energy prices in 2026, driven by the Iran conflict and the continued closure of the Strait of Hormuz, affecting global markets.

|ByDANIELLE GREYMAN-KENNARD
A participant stands near a logo of the World Bank at the International Monetary Fund - World Bank Annual Meeting 2018 in Nusa Dua, Bali, Indonesia, October 12, 2018
A woman walks on a street with shuttered doors in Tehran on Sunday.

A new Marshall Plan: Israel, Gulf States in a new Middle East development plan - opinion

International development is not philanthropy; it's the new realism of the Middle East.

|ByZAFRIR ASAF
ACTING PRIME Minister of Kosovo and Levizja Vetevendosje (Movement for Self-Determination) party leader Albin Kurti speaks to his supporters during the last election campaign rally in Pristina, Kosovo December 27, 2025.

Kosovo to hold election in bid to end year-long political impasse

The vote is the second this year in Europe's youngest nation after Kurti's Vetevendosje party fell short of a majority in February.

|ByREUTERS
Britain's Ambassador to the United Nations Barbara Woodward votes on a draft resolution demanding a ceasefire in Gaza, during a meeting of the UN Security Council at UN headquarters in New York City, US, September 18, 2025

World Bank, in letter to US, backs draft UN resolution on Gaza

The resolution calls on the World Bank and other financial institutions to facilitate and provide resources for the reconstruction of Gaza, estimated to cost around $70 billion.

|ByREUTERS

Australia ends direct aid to PA due to stipends to terrorists and families

Any assistance provided “to those convicted of politically motivated violence is an affront to Australian values, and undermines the prospect of meaningful peace between Israel and the Palestinians.

JULY 2, 2018ByHERB KEINON
An IDF soldier stands next to a blindfolded Palestinian prisoner

U.S. Supreme Court ends second Arab Bank case

Decision blocks suits for overseas terrorism against banks with US footprint

APRIL 24, 2018ByYONAH JEREMY BOB
The headquarters of Arab Bank in Amman, Jordan

Even economic peace requires PA reform

Current donor efforts to prop up the Palestinian economy, while well intentioned and much needed, are no substitute for the internal participatory systems of transparency and accountability.

OCTOBER 24, 2017ByOWEN KIRBY
A STREET in Ramallah. The Palestinian economy is suffering.