Finance & Economics

OECD economic scenarios to 2060 illustrate the long-run benefits of structural reforms

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New World Bank Report Highlights What It takes to Build a Robust Palestinian Startup Ecosystem

A new World Bank report "Tech startup ecosystem in West Bank and Gaza" finds that while the Palestinian startup ecosystem is at its early-stage and still maturing, it has highly educated founders and one of the highest rates of female entrepreneurs...

MEPs back measures to reconcile career and private life

Employment Committee MEPs today approved paternity leave, non-transferable parental leave and measures to boost women’s chances in the labour market.

OECD unemployment rate down to 5.2% in May 2018

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China Jolted by US Tariffs on Chinese Imports

China expressed shock Wednesday at the Trump administration's decision to prepare 10-percent tariffs on another $200 billion of Chinese imports covering thousands of products, the latest move in an escalating trade war between the world's two largest...

IMF Executive Board Concludes 2018 Article IV Consultation with Brazil

A mild recovery supported by accommodative monetary and fiscal policies is currently underway. But the economy is underperforming relative to its potential, public debt is high and increasing, and, more importantly, medium-term growth prospects remain...

Scaling Up Capital Market Innovations for Impact: World Bank Treasury Year in Review

The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) launched its first green bond for fiscal year 2019. The bond brings the institution’s overall green bond issuance to 143 bonds that have raised nearly US$11 billion...

Statement at the End of an IMF Visit to Conduct the First Review of Equatorial Guinea’s Staff-Monitored Program

An International Monetary Fund (IMF) mission led by Lisandro Ábrego, IMF Mission Chief for Equatorial Guinea, visited Malabo on July 2–11 to conduct discussions on the first review of Equatorial Guinea’s Staff-Monitored Program (SMP), approved by...

Ireland Moves to Ban Israeli Settlement Goods

Ireland's Senate has passed a bill banning imports of goods and services from Israeli settlements in the West Bank.

EU-Ukraine Summit: Ukraine's continued commitment to reforms supported by the EU

The President of the European Commission, Jean-Claude Juncker, and the President of the European Council, Donald Tusk, represented the European Union. Ukraine was represented by its President, Petro Poroshenko. The High Representative of the EU for...