Archive List for World Bank

Lebanon inflation soars as economy hit by war in Ukraine

Global inflation has rocketed in 2022. Lebanon ranks second in a World Bank assessment of countries hit hardest by global food price inflation. That has been driven partly by the war in Ukraine. But even before this, Lebanon’s economy and currency were in freefall. Al Jazeera’s @ZeinaKhodr reports from Beirut, Lebanon. – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us on Twitter: https://twitter.com/AJEnglish – Find us on Facebook: https://www.facebook.com/aljazeera – Check our website: https://www.aljazeera.com/ @AljazeeraEnglish #Aljazeeraenglish #News #Lebanon #inflation #economy

PM Hasina opens Bangladesh’s longest bridge over River Padma

Bangladesh has officially opened its longest bridge, linking the capital, Dhaka, and the southwest. The nearly $4bn project suffered cost overruns and delays after the World Bank pulled funding following allegations of corruption. The bridge was eventually funded domestically and built by China. Al Jazeera’s @Tanvir Chowdhury reports from Mawa, Bangladesh. – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us on Twitter: https://twitter.com/AJEnglish – Find us on Facebook: https://www.facebook.com/aljazeera – Check our website: https://www.aljazeera.com/ @AljazeeraEnglish #Aljazeeraenglish #News #Bangladesh #PadmaBridge

Lebanon crisis: UN rapporteur says government is failing population

Lebanon’s government is failing its people, the United Nations has said. The UN special rapporteur on extreme poverty and human rights, Olivier De Schutter, says the Lebanese government is failing its population. He spent the last two weeks assessing the government’s response to the economic crisis. De Schaffer blamed the authorities for plunging the country into poverty. The World Bank says Lebanon’s economic meltdown is one of the worst in the world. Al Jazeera’s Zeina Khodr reports from Beirut, Lebanon.