Statement at the Conclusion of an IMF Staff Mission to Grenada
An International Monetary Fund (IMF) team visited Grenada during August 18-27, 2014 to conduct discussions on the first review of Grenada’s IMF-supported program under the Extended Credit Facility (ECF). The program was approved on June 26, 2014 for a...
Profitable Opportunities and Investor Protection Key for Attracting Private Capital for Railway Development
The long international history of attracting private capital to the railway sector may offer some valuable insights to China. A new paper published by the World Bank has suggested five steps that China could take to attract private capital for railway...
OECD GDP up 0.4% in the second quarter of 2014 but with mixed patterns across countries
Gross domestic product
Percentage change on the previous quarter, seasonally adjusted data
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IMF Executive Board Completes Fifth Review Under Extended Credit Facility Arrangement, Approves US$7.6 Million Disbursement, and Concludes 2014 Article IV Consultation with Burundi
On August 25, 2014, the Executive Board of the International Monetary Fund (IMF) completed the fifth review of Burundi’s economic performance under a three-year program supported by the IMF’s Extended Credit Facility (ECF) arrangement, and also...
Statement at the Conclusion of an IMF Staff Mission to Jamaica
An International Monetary Fund (IMF) mission visited Jamaica during August 13-22, 2014 to conduct discussions on the fifth review of Jamaica’s IMF-supported program under the Extended Fund Facility (EFF). The mission met with the Minister of Finance...
Egypt Sets New Course for Economic Progress; Will It Join the BRICS?
Egypt is joining the new economic paradigm emerging under the leadership of the BRICS countries—Brazil, Russia, India, China, and South Africa. Egyptian President and former Army commander Abdel Fattah al-Sisi, who was elected in June, is moving in...
A Global Coalition Emerges: Productivity, Not Money!
"The world has suddenly changed for mankind," Lyndon LaRouche said on Aug. 12. The old values and alignments, ensconced in the dying trans-Atlantic financial system, are being abandoned, and China, Russia, India—and many other nations—are falling into...
European Commission adopts ‘Partnership Agreement’ with The Netherlands on using EU Structural and Investment Funds for growth and jobs in 2014-2020
The European Commission has adopted a "Partnership Agreement" with The Netherlands setting down the strategy for the optimal use of European Structural and Investment Funds throughout the country. Today’s agreement paves the way for investing €1.4...
Employment: Commission proposes €570,945 from Globalisation Fund for former workers of the car manufacturer Ford and its suppliers in Belgium
The European Commission has proposed to provide Belgium with €570,945 from the European Globalisation Adjustment Fund (EGF) to help 479 workers made redundant by Ford in Genk (Belgium) and its suppliers to find new jobs. The proposal now goes to the...
UK sets the bar for transparency over oil, gas and mining payments
