AIIB President Zou Jiayi engaged members, private-sector leaders and development partners in New York and Washington, D.C., as part of her listening tour to better understand evolving needs and advance development impact with innovation and integrity.Some of her engagements included:First row (left to right): meeting with UNDP Administrator Alexander De Cr...
The Governing Council today decided to keep the three key ECB interest rates unchanged. While the incoming information has been broadly consistent with the Governing Council’s previous assessment of the inflation outlook, the upside risks to inflation and the downside risks to growth have intensified. The Governing Council is committed to setting monetary...
Shipping and flight disruptions highlight new fault lines in the global economy and their costs for growth and livelihoodsThe war in the Middle East has severely disrupted maritime and air traffic, damaging infrastructure and interrupting transport corridors that are critical for global energy and goods. Even in the best case, there will be no neat and cle...
The idea of using cutting edge technology to enhance tax administration is anything but new.From mechanics to machine learningIn the early 1640s, the young mathematician, Blaise Pascal, watched his father, who served as a tax commissioner in Normandy, struggle through long nights of calculating taxes and verifying records. With only pen, paper and an abacu...
Commodity prices forecast to rise by 16% this year, fueling inflation and slowing growthWASHINGTON, April 28, 2026—Energy prices are projected to surge by 24% this year to their highest level since Russia’s invasion of Ukraine in 2022, as the war in the Middle East sends a severe shock through global commodity markets, according to the World Bank Group&#...
Rabat, Morocco, April 28, 2026 – Morocco could generate 1.7 million additional jobs by 2035 and increase real GDP by close to 20 percent above baseline – but realizing that potential will require pursuing a strong program of reforms. Two analytical reports, developed in close partnership with the Government of Morocco and released today by the World...
The region can best cope by protecting vulnerable people, letting prices adjust, anchoring inflation expectations, and accelerating structural reformsAsia entered 2026 on a strong footing. Despite the region bearing the brunt of US tariffs last April and persistent trade policy uncertainty, growth was resilient in 2025 and trade remained robust. Now, the w...
On 1 April 2026, Jamaica made a remarkable advancement in promoting ethical and inclusive artificial intelligence (AI) governance through the official launch of the UNESCO AI Readiness Assessment Methodology (RAM) for Jamaica.UNESCO Kingston16 April 2026Last update:4 May 2026On 1 April 2026, Jamaica made a remarkable advancement in promoting ethical and in...
The new regulation establishes that artificial intelligence must be used strictly as a support tool, without replacing human judgment.Shutterstock16 April 2026SummaryA process supported by international cooperationTransparency, accountability, and a people-centered approachThe Supreme Court of Justice of Paraguay has approved Resolution No. 12,677, establi...
Several key minerals that are essential inputs for digital and renewable energy technologies face high exposure to export restrictions, and the number of restrictions continues to rise, a new OECD report finds.The annual update of the OECD Inventory of Export Restrictions on Critical Raw Materials tracks export restrictions and supports analysis of their i...
