Finance & Economics

Eurasia Should Make the Most of Its Natural Resources, Says World Bank

Having natural resources does not have to be a curse, it can be a blessing if the countries ensure proper management of revenues from natural resources, invest earnings in building up physical and human capital, and improve institutions, says the...

Statement at the Conclusion of an IMF Mission to St. Kitts and Nevis

An International Monetary Fund mission (IMF), led by Ms. Judith Gold, visited St. Kitts and Nevis during January 20-31 to hold discussions on the 2014 Article IV Consultation and to conduct the seventh and eighth reviews under the three-year Stand-By...

Obama: Economic Inequality Has Deepened

U.S. President Barack Obama says economic inequality has deepened in America, even though the country has experienced four years of economic growth with 8 million new private sector jobs.

Shell scraps 2014 Arctic drilling plans

Speaking with investors today, Royal Dutch Shell CEO Ben van Beurden announced that the company would not attempt to drill in the Alaskan Arctic in 2014.

Save the Children and UNICEF Receive $13.6 million from IKEA Soft Toy Campaign for Education Programs in Africa, Asia and Central and Eastern Europe

IKEA customers and co-workers have partnered with the IKEA Foundation on a $13.6 million (€10.1 million) gift for UNICEF and Save the Children projects to help realize every child's right to a quality education.

U.S. Treasury Department Announces $20.6 Million in Proceeds from Pricing of Auctions of Preferred Stock of Six Financial Institutions

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Results of the December 2013 survey on credit terms and conditions in euro-denominated securities financing and OTC derivatives markets (SESFOD)

◾Price terms tightened, especially for banks and dealers as well as insurance companies.

The Empire Lashes Out

The violent events now unfolding in Kiev, Bangkok, and Cairo cannot be seen as separate and unrelated events. In every case, the hand of the Anglo-Dutch empire is visible, reflecting what Lyndon LaRouche has identified as the growing danger of a...

France must do more to promote quality jobs for older workers, says OECD

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World Bank Supports Strong Financial Management in Democratic Republic of Congo

The World Bank’s Board of Executive Directors approved an US$5 million IDA* grant to help the Democratic Republic of Congo (DRC) strengthen the credibility, transparency and accountability of the Government’s management of public finances. The project...