Indonesia growth forecast shows slower growth in 2014; risks remain high
Reversing the slower growth forecast for 2014 will require additional and more focused policy responses, says the World Bank’s latest Indonesia Economic Quarterly report, released.
WALL STREET GENOCIDE
The Dec. 3 ruling by U.S. Bankruptcy Judge Steven Rhodes, which gave Detroit's dictatorial Emergency Manager Kevyn Orr the "right" to put the city through Chapter 9 bankruptcy, and to eviscerate public sector retirees' pensions, demonstrates the...
European Union, European Central Bank and National Bank of Serbia complete extensive cooperation programme
National Bank of Serbia, the European Union (EU) Delegation to Serbia and the European Central Bank (ECB) celebrated the completion of an extensive cooperation agreement with the National Bank of Serbia (NBS) to help the Serbian central bank prepare...
UK New Enterprise Allowance has helped enterprising jobseekers set up 32,520 new businesses.
From ‘Tasty Pastry’ to ‘Gadget Cabin’ – enterprising jobseekers have set up 32,520 new businesses thanks to a government scheme that helps unemployed people turn their dreams of becoming their own boss into a reality.
$175 Million to Accelerate State Highway Development in India and Improve about 625 km of the Core State Road Network
The World Bank approved a $175 million loan for the Second Gujarat State Highway Project to support the government of Gujarat improve the quality of the state’s core road network, enhance road safety and strengthen the road sector management capacity...
European Investment Bank and Banco Popular Portugal sign an agreement in support of SMEs and midcaps in Portugal
Building upon a long-standing and fruitful cooperation between the two institutions, the European Investment Bank (EIB) has granted a EUR 100 million loan to Banco Popular Portugal to finance small and medium-sized projects undertaken by SMEs and...
£15 million boost for British local business growth at universities
As part of the government’s long-term economic plan, a new £15 million scheme will allow universities to drive local growth plans and support entrepreneurship and innovation.
World Bank Revises its 2013 Growth Projection for Russia – from 1.8 Percent to 1.3 Percent
The World Bank revised its September Russia growth projection for 2013 from 1.8 percent down to 1.3 percent as part of its quarterly forecast review. The underlying assumption for this revision is weaker than expected domestic demand, with delayed...
House Passes Budget to Avert Government Shutdown
The U.S. House of Representatives has passed a bill to fund the federal government for two years, avoiding the threat of another government shutdown like the one in October. The vote was 332 to 94. It was a busy day on Capitol Hill, as the House...
Tanzania Likely to Grow at Seven Percent in 2014 While Targeted Safety Net Cash Transfers Could Help Reduce Extreme Poverty
Tanzania’s economy is likely to grow at approximately seven percent annually for the next two years, with inflation stabilizing at around five percent largely due to falling food prices and tight monetary policies.
