Reports: $1B Fine for Wells Fargo for Illegal Sales
U.S. news reports say Wells Fargo will be fined as much as $1 billion for illegally selling customers car insurance policies they did not want or need, and for charging unnecessary fees in connection with mortgages.
Belarus: Strengthening Foundations for Sustainable Recovery
The speed of economic recovery has accelerated in early 2018, but the foundations for solid growth need to be strengthened, says the latest World Bank Economic Update on Belarus.
World Bank and Solomon Islands Government Sign Agreement for Innovative Community Benefit Sharing Pilot
Economic Growth in Africa Rebounds, But Not Fast Enough
Sub-Saharan Africa’s growth is projected to reach 3.1 percent in 2018, and to average 3.6 percent in 2019–20, says Africa’s Pulse, a bi-annual analysis of the state of African economies conducted by the World Bank, released on April 18.
Executive Board Concludes 2018 Article IV Discussions with Cabo Verde
On March 26, 2018, the Executive Board of the International Monetary Fund (IMF) concluded the 2018 Article IV consultation with Cabo Verde.
UN-sponsored group tightens controls on spread of crop-attacking pests
Asian longhorned beetle – one of the main catalysts for the development of standards on pests...
CTF preparing to urge Calgarians to Vote "NO" in Olympics Plebiscite
Following the day before of Calgary decision to continue pursuing an Olympic bid, the Canadian Taxpayers Federation (CTF) announced it is preparing to urge Calgarians to vote “NO” in a soon-to-be-approved plebiscite on Apr 17, 2018.
Ensuring sufficient skilled military personnel
The Armed Forces have a significant shortage of personnel with skills in critical areas and are not expected to meet this shortfall within the next five years, says a report, published on Apr 18, by the National Audit Office (NAO).
Growth Gathers Steam in Latin America and the Caribbean – Now is the Time to Build Fiscal Strength for Inclusive Growth
The economies of Latin America and the Caribbean (LAC) have turned the corner after a year of tepid growth and six of stagnation, providing an opportunity for countries to solidify their fiscal positions and lay the foundation for long-term inclusive...
IMF Executive Board Concludes Interim Review of the Fund’s Surveillance Activities
On April 5, 2018, the Executive Board of the International Monetary Fund (IMF) concluded its interim review of the IMF’s surveillance activities. This interim review provides a basis for the next comprehensive review of surveillance expected in late...
