Finance & Economics

Mergers: European Commission approves IMS Health's acquisition of parts of Cegedim, subject to conditions

The European Commission has cleared under the EU Merger Regulation the proposed acquisition of part of Cegedim S.A.'s customer relationship management and strategic data business (the target) by IMS Health. The decision is conditional upon IMS'...

Iceland Repays Early Some Outstanding Obligations to the IMF

Iceland repaid, ahead of schedule, obligations to the IMF amounting to SDR 275 million (about US$400.6 million) on December 19.

System of unit labour cost, OECD

Early Estimates of Quarterly Unit Labour Costs
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Seasonally adjusted data, Total economy

European Parliament approves EU-Georgia association deal

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Georgia's President Giorgi Margvelashvili, EP Vice-President Ryszard Czarnecki and EP...

Schulz: “Investing is about building bridges to a successful future”

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Martin Schulz at the summit in October

IMF Executive Board Completes Fourth and Fifth ECF Reviews, Approves US$16.52 Million Disbursement and Concludes 2014 Article IV Consultation with Niger

On December 17, 2014 the Executive Board of the International Monetary Fund completed the fourth and the fifth reviews of Niger’s economic performance under a program supported by an Extended Credit Facility (ECF) arrangement. The decision enables the...

Statement at the end of an IMF Article IV Mission to Zambia

The Zambian economy continues to register strong growth. Non-mining growth has remained close to 7 percent, but technical outages at some mines led to a decline in copper production that is projected to reduce overall real GDP growth to about 5½...

China’s High-Speed Rail: the Rapid Growth of a New Travel Option

China has the world’s largest and still expanding high-speed rail (HSR) network, but whether ridership would materialize has been the subject of much debate. A new World Bank paper finds initial traffic volumes are promising, with traffic growing from...

Norway has some good measures to combat money laundering and terrorist financing, but significant weaknesses undermine overall effectiveness, says FATF

Norway has taken some good initiatives to combat money laundering and terrorist financing, but needs to establish overarching policies and strategies, and address significant weaknesses in a number of key areas, according to a new report by the...

World Bank Urges Mongolia to Boost Resilience of Slowing Economy

Vulnerabilities in the Mongolian economy demand actions to bolster its resilience, according to the World Bank’s latest Mongolia Economic Update.