This blog post is part of a special series based on the October 2024 Commodity Markets Outlook, a flagship report published by the World Bank. This series features concise summaries of commodity-specific sections extracted from the report. Explore the full report here. Following a 6 percent increase in 2024Q3 (q/q), the World Bank’s precious metals price index […]
The record-breaking forest fires ravaging South America in recent months are a stark reminder of the global climate crisis. With its peak fire season starting in late November and stretching until April, Chile is no stranger to this reality. Wildfires have become a major concern, as evidenced by the destruction of Santa Olga in 2017 and […]
Can removing names from loan applications help to reduce racial discrimination in lending? Our recent research suggests that it can. Analyzing a unique experiment at a leading fintech platform in Singapore, we find that anonymizing loan applications substantially reduced racial disparities in both loan approvals and terms. After anonymization, high-income minorities benefited more than low-income minorities, […]