€56.5 billion: how the EU and member states are fighting poverty world-wide
When it comes to fighting poverty around the globe, the EU and the member states take it very seriously. Together they are the world's largest aid donor, spending €56.5 billion in 2013 alone to help countries across the world fight poverty. This...
Most Developing Countries Will Benefit from Oil Price Slump, Says World Bank Group
Gains from low oil prices can be substantial for developing-country importers if supported by stronger global growth, says a World Bank Group analysis of the oil price decline, contained in the latest edition of Global Economic Prospects.
Developing Countries Need To Rebuild Fiscal Space to Weather Growth Slowdowns, Says a New Report by the World Bank Group
Faced with weaker export prospects, an impending rise in global interest rates, and fragile financial market sentiment, developing countries need to rebuild fiscal buffers to support economic activity in case of a growth slowdown, says the new edition...
IMF Executive Board Completes First PSI Review for Tanzania
The Executive Board of the International Monetary Fund completed Wednesday the first review of Tanzania’s economic performance under the program supported by the Policy Support Instrument (PSI) and granted a waiver for the non-observance of the...
Debate: refusal to disclose details of implementation US-EU anti-terror deal
The EU and the US are able to share information about bank transfers in order to track suspected terrorists thanks to the Terrorist Finance Tracking Program (TFTP) Agreement, also known as the Swift agreement.
Shell to Pay $83 Million Settlement for Nigerian Oil Spills
Oil giant Royal Dutch Shell has agreed to pay more than $83 million in a settlement with thousands of people in fishing community in southern Nigeria for two oil spills.
On the agenda in 2015
No shortage of important projects on the European Parliament's to-do list for this year. Not only is there the €315 billion investment package to create jobs and boost growth in Europe, but there are also the ongoing negotiations for a free-trade...
UN agency calls on global clothing brands to help Cambodian manufacturers absorb wage hike
A woman irons fabric at a garments factory at the Sihanoukville Special Economic Zone, Phnom...
Libor, Terorist Finance Tracking Programme, plenary preparations
MEPs have another busy week ahead of them
Fresh start: Latvia takes over EU Council presidency for the first time
The first of January not only marked the start of a new year, it was also when Latvia took over the presidency of the EU Council for the first time. The Baltic state will lead and coordinate member states’ work for the next six months and expectations...
