The World Bank funds development in the world's poorest countries

The Bretton Woods conference in 1944 created the foundations of the modern global economy

In July 1944, 44 nations gathered in Bretton Woods, New Hampshire, to create a new postwar economic order. The conference led to the creation of the IMF and the International Bank for Reconstruction and Development—now known as the World Bank.

Critics argue that the World Bank, IMF, and WTO were designed to serve Western interests

Some analysts from developing nations argue that the Bretton Woods institutions were designed to reinforce Western economic dominance rather than to promote fair development for poorer countries. Supporters respond that these institutions have improved living standards worldwide.

The BRICS development bank was created as an alternative to Western-led institutions

Brazil, Russia, India, China, and South Africa founded the New Development Bank in 2015, clearly positioning it as a counterbalance to the World Bank and IMF—and a way for middle powers to influence global economic governance.

How the World Bank's pandemic bonds were triggered during COVID-19

In 2017, the World Bank raised a chunk of emergency funds through bonds to help developing countries cover funds in the event of a pandemic. Had no pandemic occurred, investors would have received returns of 6% to 11%. But the global pandemic meant they lost all their money.

The World Bank’s population data bank

This website by the World Bank provides visualizations for demographic data from around the world. Specific demographic data, such as total population, can be viewed through maps, charts, and graphs. Results can be filtered by sex, country, or year....

How banking works

To do big things, people often need more money. Banks jumpstart economic activity with loans paid back with interest, and when things are working well, both people and the bank make more money. Formed in the Middle Ages amid competing currencies in Italy, banks—from the Italian for bench, banco—helped stimulate that era's commercial revolution, a massive expansion in Mediterranean trade and development. Find out the ins and outs of banks in this quick explainer video.

The WTO is the global body that sets and enforces the rules of international trade

Founded in 1995, with 164 member countries, the WTO negotiates trade agreements, resolves disputes between nations, and aims to reduce barriers to international commerce.

The origin of the National Science Foundation and why World War II led to its founding

Before World War II, research institutions were funded by endowments or private companies whose priorities stifled the curiosity-driven science that fueled significant breakthroughs and innovation. The NSF was established in 1950 to promote independent scientific progress through basic research, which is focused on knowledge acquisition rather than commercial applications, conducted at national colleges and universities.

The WEF’s Edison Alliance connected more than 1 billion people to digital services

By 2024, the World Economic Forum-backed Edison Alliance had delivered digital connectivity and access to financial, healthcare, and education services to more than 1 billion people, using public-private partnerships across Africa, Asia, Latin America, and the US.

How the Montreal Protocol supported developing nations in phasing out ozone-depleting substances

Established in 1991, the Multilateral Fund for the Montreal Protocol finances developing nations' transition to cleaner technologies. It has disbursed more than $4B across more than 140 countries and was the first financial mechanism created under an international treaty.

The world rapidly decolonized after World War II

After WWII, weakened European powers faced mounting resistance from colonized peoples. Between 1945 and 1980, dozens of nations across Africa, Asia, and the Middle East gained independence.

Defining the use of 'Third World' in geopolitics

The term "Third World" is mostly out of use today for its limiting connotations, but in light of a reordering of geopolitical alliances amid the Ukraine war, historians are reevaluating the term's usefulness. Read the history of the term starting from the 1950s, and learn what several experts claim about its contemporary efficacy.

Some private credit funds trade on the stock market

These funds, which trade at market prices, are called "public BDCs," which stands for "business development companies." For instance, the global alternative investment manager Ares Management Corp. has a public BDC.

Norway operates the largest SWF in the world—managing more than $2T in assets

The fund is considered the gold standard SWF because of its transparency around investments, politically independent governance, and strong ethical boundaries that serve as the backbone of the investment philosophy. For example, fund managers will not invest in coal, tobacco, or nuclear weapons, because these investments are considered harmful to humanity.

Hosting the World Cup requires massive investments in infrastructure

Since the 1990s, those costs have crept into the billions. Cities are able to sell the high price tag with promises of jobs and tourism dollars, but long-term studies showed the promises were often overstated.

Key milestones in the history of the World Health Organization

The World Health Organization, a UN agency founded in 1948, was first proposed at the 1945 UN Conference to coordinate global health efforts. This interactive timeline marks the WHO’s 75th anniversary with major public health milestones.

A primer on USAID under the Trump Administration

The Congressional Research Service is a nonpartisan group dedicated solely to responding to questions and providing deeply researched explanations to members of Congress and their staff. The overview lays out the establishment of the US Agency for International Development in 1961, legal restrictions on its elimination, and options to restructure or fold USAID into other departments.

In 2024, the US committed about $82.3B to foreign aid.

That year, 67.2% of foreign aid was for economic purposes, and the remaining 32.8% was for military purposes. Israel received more US foreign aid than any other country in 2024.

How the US government used photography to fight poverty

In the 1930s, the US was in crisis, and the government turned to photography to win public support. Images of rural poverty stirred empathy, shifting public opinion and helping pave the way for New Deal reforms.

As of 2025, the Wikimedia Foundation funds 14 open-source, free knowledge projects

Since its founding in 2003, the nonprofit has provided financial, legal, and infrastructure support to Wikipedia and its sister projects (e.g., Wikinews), primarily by managing donations, which average $11, from readers. Additional funding comes from gifts exceeding $1,000, the Wikimedia Endowment, and providing Wikipedia content for commercial use.

How the WBL set the stage for the WNBA

Nearly two decades before the WNBA began, there was the Women's Professional Basketball League, the first women's professional basketball league in the United States. Though it was only around for three years, it was groundbreaking, building the template for women's leagues and, eventually, for the WNBA.

The Freedmen's Bureau was created to assist formerly enslaved people after the Civil War

Created in 1865, the Freedmen's Bureau aided 4 million formerly enslaved people and some poor Southern whites—distributing food; mediating labor disputes; and founding thousands of schools, including HBCUs Howard, Fisk, and Morehouse. Despite major achievements, the bureau was dissolved in 1872.

Organized crime, including money laundering, drains $1.96T from the global economy annually

Overall, financial crime drains $3T from the global economy, with organized crime making up nearly $2T of that total. Drug trafficking is the second-largest drain on the global economy.

Death taxes have helped fund wars since the 1860s

Death taxes date back to 700 BCE and were used in Ancient Rome and Ancient Egypt. In the US, they've been used to finance wars since the Civil War, and have been levied on both the estate and beneficiary. The estate tax created during WWI to help finance war efforts is still in effect today.

The US dollar is the most widely circulated currency in the world, and is involved in nearly 90% of global transactions

The Wall Street Journal: a timeline

The Wall Street Journal got its start as a financial news bulletin for people trading stocks. Since then, it has evolved beyond just financial news. It now ranks among the preeminent global business news sources.

Roughly 43 million US borrowers owe roughly $1.7T in student debt, the second-largest source of consumer debt behind mortgages.

The US first hosted the World Cup in 1994, a tournament that lives in soccer infamy for its poor planning and the murder of Colombian player Andres Escobar, who'd accidentally scored on his own net.

See the evolution of Ebola vaccine and treatment development.

The first steps to rebuilding your credit score include getting to know exactly what's on your credit report and figuring out how far you are from the '700 club,' or 'good score' range.

Before the current East Wing ballroom project, only two White House renovations in the past 100 years cost more than $10M.

The American Society of Civil Engineers' infrastructure report card gave the US a C in 2025, its highest grade since the project launched in 1998.

See a ranking of the best (and worst) Federal Reserve Chairs since 1914 out of the 16 men and women who have held the office since.

An initial public offering or 'IPO' is the process of a private company becoming public by putting shares of the company on the stock market for purchase.

Electrical grids worldwide must double their power delivery capacity by 2050 to meet surging demand from AI and electric vehicles.

In 1945, Surrealist artist Salvador Dalí and legendary animator Walt Disney began collaborating on a short film that was not completed until 2003, years after both men had died.

In 2026, Finland was named the world's happiest country for the ninth consecutive year based on its wealth, social safety network, and high life expectancy, among other factors.

Warren Buffett's former professor Benjamin Graham is known as the 'father of value investing,' a strategy in which investors seek to buy stocks trading below their intrinsic worth.

Trace how the Bill of Rights, inspired by centuries of political theory, took shape between 1774 and 1789.

The Brothers Grimm were lawyers before they were storytellers, but became interested in fairy tales as they began investigating how rules and customs had been passed down through cultures.

To reduce wrinkles in clothing, research recommends gentle wash cycles with more water and tumble drying with smaller loads and longer times.

How Amazon operates a 'flywheel' business model, a self-reinforcing cycle that drives continuous growth

The Russia-Ukraine conflict is the largest ground war in Europe since World War II in terms of casualties, forces mobilized, and displacement of civilians.

Researchers believe the brain consolidates memories, processes emotions, and plans for the future during dream states

In its famous catalog, Sears sold $600 DIY house kits from 1908 through the 1940s, resulting in an estimated 100,000 'Sears and Roebuck homes.'

Planarian flatworms are small, aquatic worms with exceptional regenerative capabilities. When cut, the worms can regenerate multiple bodies in a matter of weeks.

Explore the history, structure, and species of Australia's Great Barrier Reef with this interactive journey narrated by Sir David Attenborough.

While El Niño moves warm Pacific Ocean waters east along the equator, La Niña moves them west, shifting where rainfall will become more common for months.

Double world record holder Hunter Ewen helped conquer his fear of balloons, called globophobia, by training to win Guinness World Record titles for balloon inflation.

Brian Wilson wrote the Beach Boys' 'Don't Worry Baby' for the Ronettes, but the legendary girl group rejected it.