World Bank report News

Pirate Money Promotes Global Criminal Activity: World Bank Report

Pirates hijacking ships off the Horn of Africa and Somalia from 2005 to 2012 garnered well over a quarter of a billion U.S. dollars in ransom and used the money for criminal activities worldwide, according to a report released on …

Small Global Warming Rise Would Have ‘Alarming’ Impact Says World Bank

Much of Bangkok could flood within the next two decades if global warming stays on its current trajectory, as sea levels rise and cyclones intensify, the World Bank said in a new report on Wednesday. The flooding of 40 percent …