Finance & Economics

Budgets MEPs want more money for migration and jobs in 2016

The budgets committee on Tuesday demanded more funds to handle the migration and refugee crisis, help young people into jobs, and fully offset the cuts to the EU's research and transport networks programs, in a political resolution on the 2016 budget...

World Bank Group President, Jim Yong Kim, to Visit Ghana for End Poverty Day

World Bank Group President Jim Yong Kim will visit Ghana on Friday, October 16, to participate in high-level talks, launch a report on poverty in Africa, highlight Ghana’s progress toward ending extreme poverty, and commemorate End Poverty Day. The...

Addressing the Youth Employment Crisis Needs Urgent Global Action

One third of the world’s 1.8 billion young people are currently neither in employment, education or training. Of the one billion more youth that will enter the job market in the next decade, only 40 percent are expected to be able to get jobs that...

Budget MEPs approve extra €401.3 million for migration in 2015 budget

20151012PHT97248_original_0.jpg
A mother carries her eight-month old son towards the village of Sikaminea in Lesbos after...

OECD unemployment rate stable at 6.8% in August 2015

HUR-500-10-15.fw__0.jpg
OECD Harmonised Unemployment Rates, s.a.

Communiqué of the Thirty-Second Meeting of the IMFC Chaired by Mr. Agustín Carstens, Governor of the Bank of Mexico

The global recovery continues, but growth remains modest and uneven overall. Uncertainty and financial market volatility have increased, and medium-term growth prospects have weakened. In advanced economies, the recovery is expected to pick up...

Iceland Repays All of Its Remaining Obligations to the IMF Ahead of Schedule

Iceland on Friday repaid, ahead of schedule, all of its remaining obligations to the International Monetary Fund (IMF), amounting to SDR 236.9 million (about US$334 million).

G20 finance ministers endorse reforms to the international tax system for curbing avoidance by multinational enterprises

G20 finance ministers endorsed the final package of measures for a comprehensive, coherent and co-ordinated reform of the international tax rules during a meeting on 8 October, in Lima, Peru.

U.S. IMPORT AND EXPORT PRICE INDEXES - SEPTEMBER 2015

Prices for U.S. imports edged down 0.1 percent in September, after a 1.6-percent decrease in August, the U.S. Bureau of Labor Statistics reported on October 9. The continued downward trend in nonfuel import prices more than offset an advance in fuel...

World Undergoing Major Population Shift with Far-reaching Implications for Migration, Poverty, Development: WB/IMF Report

As migrants and refugees from Africa and the Middle East continue to arrive in Europe in unprecedented numbers, a new World Bank/IMF report says that large-scale migration from poor countries to richer regions of the world will be a permanent feature...