Finance & Economics

US Confident Iran Oil Buyers Will Find Alternatives

U.S. officials have expressed confidence that those who have been operating under waivers to buy Iranian oil will be able to find alternative supplies when those waivers expire next week.

Rapid action needed for people to meet challenges of changing world of work

Governments need to overhaul their approach to employment and jobs to reduce further social and economic tensions, according to a new report from the OECD. Without rapid action, many people, particularly the low skilled, will be left behind in the...

Nissan’s Former Chairman Indicted on New Breach of Trust Charges

Japanese prosecutors have indicted jailed former chairman of Nissan Motor Company Carlos Ghosn on a fresh charge of aggravated breach of trust under Japan's Companies Act.

IMF Reaches Staff Level Agreement on the Fifth Review of Tunisia’s Reform Program Supported by the Extended Fund Facility Arrangement

An International Monetary Fund (IMF) staff team led by Björn Rother met with the Tunisian authorities in Washington, DC on the sidelines of the IMF Meetings on April 11-16 to discuss the authorities’ economic reform program and their policy plans for...

5 world-changing ideas: our top picks for World Creativity and Innovation Day

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A drone on display in the exhibition area at the UN World Data Forum in Dubai, United Arab...

Lower Trade Costs and Increased Transport Efficiency in the Western Balkans, with Help from World Bank

A new, Western Balkans Trade and Transport Facilitation Project will reduce both time and cost of trade across the Western Balkans. The $90 million project, phase one of a $140 million, multi-phase approach, was approved by the World Bank Board of...

Creating Opportunities for People through Inclusive and Sustainable Growth in North Macedonia

Supporting faster, inclusive, and sustainable growth in the Republic of North Macedonia is the objective of the new four-year Country Partnership Framework (CPF) endorsed by the World Bank Board of Executive Directors, on April 18th. The strategy aims...

China needs further reforms to make growth sustainable, greener and more inclusive

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Further reforms in Japan needed to meet the challenges of population ageing and high public debt

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IMF Executive Board Concludes 2019 Article IV Consultation with Costa Rica

On March 27, 2019, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Costa Rica.

Costa Rica has made great strides converging towards OECD living standards, and its accession process to the...