Finance & Economics

If President Juncker wants to use the EU budget to demonstrate ‘solidarity’, it is EU Cohesion Policy that makes a real difference to how citizens perceive and identify with the EU

The launch of the European Commission’s proposals for the next Multiannual Financial Framework (MFF) throws a spotlight on how the EU budget should be used to maximise the added value of EU spending.

World Bank and ChinaBond Creating New Indices in Global Fixed Income Market

As Chinese yuan (CNY) plays more and more important role in the global financial markets, especially after the inclusion of CNY into the SDR basket, more central banks have diversified their foreign exchange reserves to include CNY holdings. This has...

Testing cosmetics on animals: MEPs call for worldwide ban

Within the EU itself, the sale of all animal-tested cosmetics has been banned since 2013.

MEPs point out that this has not prevented the EU cosmetics industry from thriving and providing around two million jobs. However, around 80% of...

The EU and Member States together with Switzerland agree joint cooperation framework with Bolivia worth €530 million

Under this Strategy, the EU, its Member States present in Bolivia (France, Spain, United Kingdom, Italy, Sweden and Germany) and Switzerland have agreed to align and coordinate their development cooperation interventions in order to strengthen their...

Caterpillar: Parliament backs €4.6million in EU aid for 2,287 redundant workers

Due to major structural changes in world trade patterns, in particular globalisation and worldwide competition in the construction and mining machinery sectors, Caterpillar shut down its plant in the town of Gosselies (Hainaut province, Wallonia) last...

EU Auditors examine risk and crisis management tools to stabilise farmers’ incomes.

The European Court of Auditors is conducting an audit of risk and crisis management tools under the Common Agricultural Policy (CAP). The auditors will examine whether the measures in place deal effectively and efficiently with farmers’ losses of...

IRS highlights sharing economy tax center, other resources during National Small Business Week

The Internal Revenue Service is highlighting a variety of online resources to help small business owners and self-employed individuals as part of National Small Business Week from April 29 to May 5. Some of these tools focus on an emerging area of...

More Than 1,100 Economists Join NTU To Oppose New Tariffs and Protectionism

More than 1,100 economists have joined with National Taxpayers Union in a letter to President Trump and Congress warning against new protectionist trade policies. That group includes 15 Nobel laureates, and former economic advisers to the Reagan,...

IMF Reaches Staff Level Agreement on the First Review Under the ECF for Guinea

Following discussions between the Guinean authorities and IMF staff in Conakry from April 3-15, 2018 and during the 2018 Spring Meetings in Washington, a staff-level agreement was reached on the first review of the program of economic policies and...

IMF Reaches Staff Level Agreement on the First Review Under the ECF for Guinea

Following discussions between the Guinean authorities and IMF staff in Conakry from April 3-15, 2018 and during the 2018 Spring Meetings in Washington, a staff-level agreement was reached on the first review of the program of economic policies and...