Development banking
FILE - This April 5, 2021 file photo shows the World Bank building in Washington. The World Bank is upgrading the outlook for global growth this year, predicting that COVID-19 vaccinations and massive government stimulus in rich countries will power the fastest worldwide expansion in nearly five decades. In its latest Global Economic Prospects report, out Tuesday, June 8, the 189-country anti-poverty agency forecasts that the world economy will grow 5.6% this year, up from the 4.1% it forecast in January. (AP Photo/Andrew Harnik, File)
World Bank sees 5.6% global growth in 2021, best since 1973

By Paul Wiseman Jun. 08, 2021 09:33 AM EDT

FILE - In this Jan. 14, 2020 file photo, anti-government protesters smash a bank widow during protests against the Lebanese central bank's governor and against the deepening financial crisis, at Hamra trade street, in Beirut, Lebanon. The World Bank said in a report released on Tuesday, June 1, 2021, that Lebanon's severe economic and financial crisis is likely to rank as one of the worst the world has seen in more than 150 years. (AP Photo/Hussein Malla, File)
World Bank: Lebanon's crisis among world's worst since 1850s

By Bassem Mroue Jun. 01, 2021 05:46 AM EDT

rench President Emmanuel Macron, center, salutes Ethiopia's President Sahle-Work Zewde, left, and Senegal's President Macky Sall at the Summit on the Financing of African Economies Tuesday, May 18, 2021 in Paris. More than twenty heads of state and government from Africa are holding talks in Paris with heads of international organizations on how to revive the economy of the continent, deeply impacted by the consequences of the COVID-19 pandemic. (Photo by Ludovic Marin, Pool via AP)
Leaders agree in Paris on helping African economies revive

By Sylvie Corbet May. 18, 2021 09:38 AM EDT

FILE - In this April 19, 2021, file photo, residents wearing face mask and face shield queue to get free food at a makeshift stall called "Community Pantry" at Maginhawa street in Quezon city, Philippines. Developing Asian economies will grow at a solid 7.3% pace this year after contracting slightly in 2020 due to the pandemic, the Asian Development Bank says in its latest regional outlook. (AP Photo/Aaron Favila, File)
Asian lender forecasts strong rebound for region in 2021

By Elaine Kurtenbach Apr. 27, 2021 10:21 PM EDT

FILE - In this April 15, 2020 file photo, a billboard urges people to stay home during the coronavirus pandemic in Dubai, United Arab Emirates. Middle East economies are recovering from the coronavirus pandemic faster than anticipated, largely due to the acceleration of mass inoculation campaigns and an increase in oil prices. But the International Monetary Fund warned Sunday, April 11, 2021, that an uneven vaccine distribution would derail the region's rebound, as the prospects of rich and poor countries diverge. (AP Photo/Jon Gambrell, File)
IMF: Vaccine inequity threatens Mideast's economic recovery

By Isabel Debre Apr. 11, 2021 07:00 AM EDT

FILE - In this Dec. 1, 2020 file photo, Federal Reserve Chair Jerome Powell listens during a Senate Banking Committee hearing on Capitol Hill in Washington. Powell on Thursday, April 8, 2021 said the U.S. economy, boosted by quickening vaccinations and signs of rapid hiring, is headed toward a strong recovery, though he cautioned not all will immediately benefit. (Al Drago/The New York Times via AP, Pool)
Fed's Powell: US nears full reopening to 'different economy'

By Christopher Rugaber Apr. 08, 2021 02:47 PM EDT

FILE - The logo of the International Monetary Fund is visible on their building, Monday, April 5, 2021, in Washington. Finance officials of the world’s major economies on Wednesday, April 7, 2021 agreed on a proposal to boost the resources of the International Monetary Fund by $650 billion as a way to provide more support to vulnerable countries struggling to deal with a global pandemic. (AP Photo/Andrew Harnik)
Major economies support $650 billion boost in IMF resources

By Martin Crutsinger Apr. 07, 2021 03:43 PM EDT

The morning sun rises behind oil rigs sitting in storage Saturday, Feb. 6, 2021 at a yard outside of Odessa, Texas. The OPEC oil cartel and allied countries said Thursday, April 1, 2021 that they have decided to add gradually add back some 2 million barrels per barrel per day of oil production from May to July, moving cautiously in pace with the recovery of the global economy from the COVID-19 pandemic. (Eli Hartman/Odessa American via AP, file)
IMF upgrades forecast for 2021 global growth to a record 6%

By Paul Wiseman Apr. 06, 2021 08:31 AM EDT

FILE - In this Nov. 12, 2020 file photo, International Monetary Fund Managing Director Kristalina Georgieva attends the Paris Peace Forum at The Elysee Palace in Paris. Georgieva said Tuesday, March 30, 2021, that when the IMF releases its updated economic forecast next week, it will show the global economy growing at a faster pace than the 5.5% gain it projected at the start of the year. (Ludovic Marin, Pool via AP)
IMF head: global growth prospects rising but dangers remain

By Martin Crutsinger Mar. 30, 2021 11:24 AM EDT

G7 suggest boosting IMF reserves to help vulnerable nations

Mar. 19, 2021 12:38 PM EDT
LONDON (AP) — The Group of Seven leading industrial nations on Friday proposed bolstering the International Monetary Fund's reserves for the first time since...

An anti-government protester holds lit flares while shouting slogans during a protest against the rising prices and worsening economic and financial conditions, in Beirut, Lebanon, Friday, March 12, 2021. Lebanon’s parliament on Friday approved a $246 million loan from the World Bank that would provide cash assistance for more than 160,000 families in the small country hit by an unprecedented economic crisis and the coronavirus pandemic. The Arabic on the wall reads "All means all." (AP Photo/Hassan Ammar)
Lebanese parliament approves World Bank loan to help poor

By Bassem Mroue Mar. 12, 2021 11:56 AM EST

A man waits his turn to receive the Pfizer-BioNTech COVID-19 vaccine during a nationwide vaccination campaign, at the Saint George Hospital, in Beirut, Lebanon, Tuesday, Feb. 16, 2021. Lebanon launched its inoculation campaign after receiving the first batch of the vaccine — 28,500 doses from Brussels with more expected to arrive in the coming weeks. (AP Photo/Hussein Malla)
World Bank threatens to suspend vaccine funding to Lebanon

By Bassem Mroue Feb. 23, 2021 07:38 AM EST

FILE - In this March 30, 2020 file photo, Venezuela's Foreign Minister Jorge Arreaza, wearing protective gloves as a preventive measure against the spread of the new coronavirus, holds a Venezuelan and Chinese flag as medical specialists and supplies arrive from China at the Simon Bolivar International Airport in La Guaira, Venezuela. While the pandemic has opened the door to much-welcomed Chinese aid in Latin America and Caribbean, it’s also made it harder for governments to pay their bills to Beijing, due to a deep recession last year wiped out nearly a decade’s worth of growth, according to International Monetary Fund data. (AP Photo/Matias Delacroix, File)
Chinese loans to Latin America plunge as virus strains ties

By Joshua Goodman Feb. 22, 2021 12:02 AM EST

A medical staffer holds a vial of the Pfizer-BioNTech COVID-19 vaccine during a nationwide vaccination program at the American University Medical Center in Beirut, Lebanon, Sunday, Feb. 14, 2021. (AP Photo / Bilal Hussein)
Lebanon administers 1st vaccines to health workers, elderly

By Sarah El Deeb Feb. 14, 2021 05:46 AM EST

FILE - In this Wednesday, Feb. 3, 2021 file photo, a medic administers a Moderna COVID-19 vaccine to a fellow medic during a campaign to vaccinate front-line medical workers, at the health ministry, in the West Bank city of Bethlehem. In a new report released Thursday, Feb. 4, 2021, the International Monetary Fund said broad access to different coronavirus vaccines remains crucial for an economic recovery in the Mideast. (AP Photo/Nasser Nasser, File)
IMF says vaccines to fuel Mideast recovery, tough path ahead

By Jon Gambrell Feb. 04, 2021 02:03 AM EST

Shoppers walk past a vacant storefront at Brickell City Centre, Friday, Nov. 6, 2020, in Miami. The spread of COVID-19 vaccines will power a stronger global economic recovery in 2021, the International Monetary Fund forecast Tuesday, Jan. 26, 2021. (AP Photo/Lynne Sladky)
IMF: Vaccines will power 5.5% global economic growth in 2021

By Paul Wiseman Jan. 26, 2021 08:00 AM EST

Editorial Roundup: West Virginia

By The Associated Press Jan. 13, 2021 10:47 AM EST
Recent editorials from West Virginia newspapers: ___ Jan. 12 News and Sentinel on reforming West...

FILE - In this, July 19, 2020 file photo, a homeless woman sleeps on a bench on the Mediterranean Sea corniche in Beirut, Lebanon. The World Bank has approved a $246 million loan to Lebanon to provide emergency cash assistance to nearly 800,000 Lebanese reeling under the country’s compounded economic and health crises. The World Bank said in a statement late Tuesday, Jan. 12, 2021, that the loan would also support the development of a national social safety net in Lebanon. (AP Photo/Hassan Ammar, File)
World Bank approves cash assistance to crisis-struck Lebanon

By Sarah El Deeb Jan. 13, 2021 05:42 AM EST

FILE - In this Oct. 17, 2019 file photo, World Bank President David Malpass speaks during a news conference at the World Bank/IMF Annual Meetings in Washington. The World Bank on Tuesday, Jan. 5, 2021 forecast that the global economy will see a subdued recovery this year from a devastating pandemic but warned that the near-term outlook is highly uncertain and growth could be harmed if infections keep rising and the rollout of vaccines is delayed.(AP Photo/Jose Luis Magana, File)
World Bank sees subdued recovery in 2021 and plenty of risk

By Martin Crutsinger Jan. 05, 2021 12:42 PM EST

A cat sits next to a homeless woman sleeping on the Mediterranean Sea corniche in Beirut, Lebanon, Sunday, July 19, 2020. Lebanon should quickly form a reform-minded government to carry out badly needed reforms to help get the tiny country out of its severe economic crisis where the Real GDP growth is projected to contract nearly 20% in 2020 and a crash in local currency led to triple-digit inflation rates, the World Bank said Tuesday. (AP Photo/Hassan Ammar)
World Bank warns of 'prolonged depression' in Lebanon

By Bassem Mroue Dec. 01, 2020 05:17 AM EST