World Bank: Commodity prices to hit six-year low in 2026 as oil glut expands

World Bank: Commodity prices to hit six-year low in 2026 as oil glut expands

Commodity markets are helping to stabilise the global economy. PHOTO/Pexels/Kamaji Ogino. By BUSINESS CORRESPONDENT [email protected] Global commodity prices are projected to fall to their lowest level in six years in 2026, marking the fourth consecutive year of decline, according to the World Bank Group’s latest Commodity Markets Outlook. Prices are forecast to drop by seven…

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Africa: 2.6bn People Live in ‘Digital Darkness’ Globally – World Bank

Africa: World Bank Approves New Financing to Enhance Climate Change Mitigation and Adaptation in Sierra Leone

Washington — The World Bank today approved an additional grant of $18.34 million to support Sierra Leone in enhancing biodiversity protection, environmental sustainability, and climate change resilience. This funding, provided through the Least Developed Countries Fund (LDCF) under the Global Environment Facility (GEF), will scale up ongoing activities under Phase 2 of the West Africa…

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Israeli lawmakers advance West Bank annexation bills despite Trump’s past objection as Vance visits

Israeli lawmakers advance West Bank annexation bills despite Trump’s past objection as Vance visits

Israeli lawmakers on Wednesday voted to advance two proposed bills that call for the formal annexation of the already Israeli-occupied West Bank, an ambition openly promoted by far-right ministers in recent months but opposed by President Trump. The vote by Israel’s parliament, the Knesset, came with Vice President JD Vance visiting Israel to shore up…

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