Finance & Economics

Post-2020 EU budget plans show purpose, but lack ambition, say MEPs

“In the presentation made by the Commission, the importance of a political budget was stressed. The principle of European added value is underlined. It is important that the significance of own resources, which is a key point of EP resolutions, has...

Israel: IMF Executive Board Concludes 2018 Article IV Consultation

On April 30, 2018, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Israel, and considered and endorsed the staff appraisal without a meeting.

IMF Executive Board Approves US$112.3 Million under the ECF Arrangement for Malawi

The Executive Board of the International Monetary Fund (IMF), on April 30, approved a new three-year arrangement for Malawi under the Extended Credit Facility (ECF) for SDR78.075 million (about US$112.3 million), equivalent of 56.25 percent of Malawi’...

The Greek economy is recovering. Improving debt sustainability, tackling poverty and boosting investment are vital to sustaining the positive momentum.

After significant reforms, Greece’s recovery from deep economic depression is finally gaining traction, according to the OECD. Economic growth is picking up led by exports. Labour market reforms have improved competitiveness and are helping to create...

First Nations activist forces Onion Lake Cree Nation to provide financial transparency

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Media interviewing Charmaine Stick at April 30, 2018 announcing the release of the Onion Lake Cree Nation...

Can science and technology really help solve global problems? A UN forum debates vital question

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Marc Pecsteen de Buytswerve (2nd right), the Permanent Representative of Belgium to the UN and...

Trump Extends Steel, Aluminum Tariff Exemptions for EU, Canada, Mexico

U.S. President Donald Trump is extending tariff exemptions on aluminum and steel exports from the European Union, Canada, and Mexico for at least another month.

Progress on Global Energy Goals Slow, but Strong Gains in Countries Show Promise

The world is not on track to meet the global energy targets for 2030 set as part of the Sustainable Development Goals, but real progress is being made in certain areas – particularly expansion of access to electricity in least developed countries, and...

World Bank Group and Credit Suisse Launch Disruptive Technologies for Development Fund

The World Bank Group (WBG) announced the launch of the Disruptive Technologies for Development Fund in partnership with Credit Suisse to harness technologies such as blockchain, 3D printing, and the Internet of Things to pioneer innovative solutions...

IRS provides certain small employers with relief for the small business health care tax credit for 2017 and later years

The Internal Revenue Service issued guidance on Apr 27 that provides relief for certain small employers that wish to claim the Small Business Health Care Tax Credit for 2017 and later years.