Finance & Economics

Indonesia: Fluctuating investment and high subsidy spending impede higher growth potential, says World Bank Report

Fluctuating investment growth, reflecting lower export prices and tighter financing conditions, as well as regulatory uncertainties, will continue to moderate Indonesia’s growth rate to 5.3 percent for 2014, says a new World Bank report.

New rules on funding EU political parties and foundations

Plans to reform the funding arrangements and legal status of European political parties and their affiliated foundations were backed by the Constitutional Affairs Committee on Tuesday. The new rules, already informally agreed with Council, should...

G20 GDP Growth - Fourth quarter of 2013, Quarterly National Accounts, OECD

Quarterly GDP in volume terms for the G20
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Percentage change on the previous quarter, seasonally adjusted...

Fluctuating investment and high subsidy spending impede higher growth potential, says World Bank Report

Fluctuating investment growth, reflecting lower export prices and tighter financing conditions, as well as regulatory uncertainties, will continue to moderate Indonesia’s growth rate to 5.3 percent for 2014, says a new World Bank report.

EU telecoms regulator agency fails budget discharge test

The Riga-based electronic communication regulator body BEREC on Monday failed to convince budgetary control MEPs that its management of EU funds was in order for 2012. It may rectify its shortcomings by October when MEPs will have their final say. In...

Philippines: Inclusive growth can be enhanced through sustainable reconstruction and job creation

The Philippines expects to maintain strong growth rates in the next three years despite the difficult global environment and the devastation unleashed by Typhoon Yolanda. Addressing the jobs challenge while ensuring timely and sustainable...

Nearly 90,000 Inner City Jamaicans to Benefit from Improved Services and Crime Prevention

More than 80,000 Jamaican citizens will benefit from improved services, basic infrastructure and targeted crime and violence interventions in 18 vulnerable inner-city communities as a result of US$42 million project for integrated community...

Stocks Sag on Ukraine Worries; Gold, Yen Boosted by Safety Bids

Growing tension between the West and Russia ahead of Ukraine's weekend referendum in Crimea pushed down stocks on major world markets on Friday and drove up buying of safe-haven gold and the yen.

Members of the European Parliament push for common charger for all mobile phones

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A common charger should be developed for mobile phones, say MEPs.

Mali begins rebuilding mausoleums from Timbuktu’s ‘golden age’, UN agency

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The rehabilitation of the cultural heritage of Timbuktu is crucial for the people of Mali, for the city...