Finance & Economics

Industry rallies Europe to respond to new EU consultation on market economy status of China

30 European industries represented by AEGIS Europe called on European unions, businesses and NGOs to respond urgently to the European Commission’s new public consultation into the Market Economy Status (MES) of China.

U.S. IMPORT AND EXPORT PRICE INDEXES - JANUARY 2016

In January, prices for U.S. imports decreased 1.1 percent for the second consecutive month, the U.S. Bureau of Labor Statistics reported on February 12. In both months, the declines were primarily driven by lower fuel prices. U.S. export prices also...

OECD unemployment rate stable at 6.6% in December 2015

The OECD unemployment rate was stable at 6.6% in December 2015, 1.5 percentage points below the January 2013 peak. Across the OECD area, 40.4 million people were unemployed, 8.4 million less than in January 2013, but still 7.9 million more than in...

Pakistan Can Grow With Reforms, Says World Bank President

World Bank Group (WBG) President Jim Yong Kim concluded a two-day visit to Pakistan by urging the country to raise the ambition of its economic reforms while also encouraging the private sector to take a bigger role in creating jobs, especially for...

U.S. President’s Fiscal Year 2017 Budget Request: Strengthening Federal Infrastructure in the Great Lakes Region 5

U.S. General Services Administration (GSA) Administrator Denise Turner Roth announced on February 9 plans for major repair and alteration projects outlined in President Obama’s fiscal year 2017 budget request. The proposed budget focuses on tackling...

U.S. job openings rose to 5.6 million in December 2015; quits rose to 3.1 million

The number of job openings increased to 5.6 million on the last business day of December, the U.S. Bureau of Labor Statistics reported on February 9. Hires and separations were little changed at 5.4 million and 5.1 million, respectively. Within...

Pakistan Has Chance to Boost Economy, World Bank President Says

Pakistan has a great opportunity to become more ambitious in reforming its economy so that more people are lifted out of poverty more quickly and prosperity is more widely shared among its people, said World Bank Group (WBG) President Jim Yong Kim.

UK review of publicly funded digital skills qualifications

In response to a request from UK Skills Minister Nick Boles and UK Minister for Culture and UK Digital Economy Ed Vaizey, the Skills Funding Agency (SFA) conducted a review of publicly funded digital skills in further education.

Spain: EIB and Bankia sign EUR 500 million agreement to finance SME projects

The European Investment Bank (EIB) and Bankia signed this morning a EUR 500 million loan contract designed to facilitate access to credit for SMEs and midcaps. Bankia will match the loan with a further EUR 500 million, meaning that a total of EUR 1...

ECB explains the Agreement on Net Financial Assets

The European Central Bank (ECB) publishes the Eurosystem’s aggregate net financial assets and explains the Agreement on Net Financial Assets (ANFA).