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October 31, 2025 Dear reader, This week, we released our latest Commodity Markets Outlook, which forecasts another drop in prices in 2026. We also marked World Cities Day by highlighting the power of urban tourism to fuel jobs. And don't miss our new report on how co-financing and joint action are transforming communities around the world. Read on for more! |
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Global commodity prices are forecast to drop by 7 percent in both 2025 and 2026, driven by weak economic growth, a growing oil surplus, and persistent policy uncertainty. |
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EDITOR'S PICKS |
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Urban tourism, anchored by solid infrastructure and vibrant attractions, turns visitor spending into real jobs and economic opportunities for local communities. |
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World Bank projects co-financed with multilateral development banks, bilateral donors, UN agencies, and philanthropic partners reached a record $7.6 billion in fiscal year 2025. Here's how these collaborations are achieving greater impact. |
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The need to push the jobs agenda in the region has never been greater. Since 2016, labor income has grown by just 1 percent a year in most countries, leaving one in five workers below the poverty line. |
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WATCH AND LISTEN |
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Our Eastern Electricity Highway Project has enabled Kenya to import cheaper renewable electricity from Ethiopia. The 1,065-kilometer transmission line is helping Kenya better balance its electricity supply and demand. |
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DATA FOR DEVELOPMENT |
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IN THE NEWS |
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MARK YOUR CALENDAR |
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November 5, 2025 | 3:15 PM ET | Virtual |
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November 3-5, 2025 | Washington, DC, and virtual |
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November 6-7, 2025 | Washington, DC, and virtual |
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Connect with us on social media Accredited journalists may obtain advance access to reports and information by registering with the Bank's Online Media Briefing Center, a password-protected site for working journalists. Material in this newsletter is copyrighted. Requests to produce it, in whole or in part, should be addressed to pubrights@worldbank.org. For more information visit our website: worldbank.org. |
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