World Bank Supports Exploration of Geothermal Resources in Armenia
The World Bank Board of Executive Directors on June 8 approved a US$8.55 million grant for the Geothermal Exploratory Drilling Project (GEDP) for Armenia. The new project is to confirm whether the geothermal resource at the Karkar field is suitable...
"A major step in history": Schulz pays tribute to Spain and Portugal signing EU accession treaty 30 years ago
The signing of the Spanish accession treaty
Composite leading indicators point to growth convergence in most major economies
Stable growth momentum in the OECD area
OECD releases Implementation Package for BEPS country-by-country reporting
Pushing forward efforts to boost transparency in international tax matters, the OECD on June 8 released a package of measures for the implementation of a new Country-by-Country Reporting plan developed under the OECD/G20 BEPS Project.
The East Africa Community, The World Bank and Partners Discuss Integrated Solutions to the Development of Key Trading Corridors
The East African Community (EAC) and the World Bank on June 9 hosted a convention to assess the challenges and opportunities in improving connectivity along key trading corridors to facilitate regional integration in East Africa.
Indonesia: Businesses To Work Together with Government towards Sustainable Development Goals
Indonesia’s Chamber of of Commerce is committed on working with the government towards achieving ‘green’ and sustainable development goals.
IMF Executive Board Approves US$23.8 Million in Financial Support for Vanuatu
On June 5, 2015, the Executive Board of the International Monetary Fund (IMF) approved financial support for Vanuatu as it rebuilds its economy after a devastating cyclone hit the country last March. The Board approved a disbursement of the equivalent...
Will Europe Survive the Collapse of the Euro System?
While the Greek crisis is coming to a head, maybe this week, but certainly in the remaining weeks of June, the idea of a unified European Union (EU) has become as full of holes as the proverbial swiss cheese. As this article is being published,...
Shear success: UK farmers to cash in as global demand boosts wool prices
Global trade costs could drop dramatically if countries implement WTO Trade Facilitation Agreement, OECD says
Implementing the WTO Trade Facilitation Agreement (TFA) could reduce worldwide trade costs by anywhere from 12.5% to 17.5%, according to new OECD analysis, with the greatest benefits accruing in developing countries.
