Finance & Economics

Guinea: WB Supports Improved Electricity Access and Reliability for Families and Businesses

The government of Guinea and the World Bank have signed a new development financing agreement in Conakry to improve electricity access for homes and businesses in the energy-starved West African country.

ECB announces further details of the targeted longer-term refinancing operations

The Governing Council of the European Central Bank (ECB) decided on further technical details of a series of targeted longer-term refinancing operations (TLTROs), announced on 5 June 2014. The TLTROs are designed to enhance the functioning of the...

Will Argentina Be First To Bolt from Bankrupt System?

In a decision written by Aristotelian idiot Justice Antonin Scalia, the United States Supreme Court on June 16 sided with the bloodiest of vulture funds, NML Capital and Aurelius Capital Management, in their effort to use American courts to gain...

More Than 45,000 Households in Georgia Will Directly Benefit From Road Improvements

The World Bank Board of Executive Directors approved an IBRD loan in the amount of US$75 million to Georgia for the Third Secondary and Local Roads Project (Third SLRP). The project builds on the ongoing Second Secondary and Local Roads project and...

5G networks will be a leap, not a step, forward

According to the roadmap of the 5G Public-Private Partnership, 5G standards will allow:
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World Bank Bolsters Social Protection Reform in Ukraine with New Loan

The World Bank’s Board of Executive Directors approved a US$300 million loan for the Social Safety Net Modernization Project in Ukraine to expand a targeted social safety net program that will help the most vulnerable and socially excluded people.

European Central Bank keeps interest rates unchanged

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The World Bank Called for Tighter Economic Policies to Restore Economic Stability

In its newly released Mongolia Economic Update, the World Bank said that the Mongolian economy is facing challenges from the large balance of payments pressure and high inflation. The World Bank underscored that the economic vulnerability will likely...

Contributions to GDP growth: first quarter 2014, Quarterly National Accounts, OECD

Contributions to OECD real GDP growth
Percentage points
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Thai Economy Shows Signs of Improvement After Coup

As Thailand’s military presses on with economic reforms, the country’s economy is showing signs of recovery following months of political turmoil that led to the military coup in May.