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Recent Articles

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Global economy will come close to a recession in 2023 led by China, US and Europe; the global growth forecast was cut by nearly half to 1.7% from a previous projection of 3%: World Bank

Over 40 NGOs worldwide ask International Finance Corp., the World Bank financing arm for private-sector investments, to veto US$900M loan to Suzano to build eucalyptus pulp mill in Mato Grosso do Sul, Brazil, citing biodiversity, deforestation risks

World Bank: Climate change poses major threat to China's long-term prosperity, and transition to green economy requires shifts in resources, technologies; China could boost solar/wind power, improve green standards for building sector, among other actions

MSC to introduce call to Himalaya Express Service to connect Jeddah Islamic Port in Saudi market with 10 global ports; service to include 11 vessels with capacities of 14,000-TEUs, port was listed 8th on World Bank's 2021 Container Port Performance Index

World Bank VP urges governments to take action to make fertilizers more accessible and affordable by providing credit facilities, encouraging efficient use to prevent prolonged food crisis; World Bank's fertilizer price index up 15% from earlier in 2022

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