Finance & Economics

U.S. Mass Layoffs Summary on December 2012

Employers took 1,509 mass layoff actions in December involving 137,839 workers as measured by new filings for unemployment insurance benefits during the month, the U.S. Bureau of Labor Statistics reported today. (Data are seasonally adjusted.) Each...

House Approves Temporary Extension of US Debt Limit

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U.S. debt ceiling

New UN report shows major decline in foreign direct investment in 2012

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Director of UNCTAD's Division on Investment and Enterprise James Zhan

New World Bank report offers policymakers roadmap for building resilient sustainable cities

Rapid urbanization can hold long-term economic, social and environmental promise for developing countries if investments made now in infrastructure, housing and public services are efficient and sustainable, the World Bank says in a new report “...

World’s youth facing worsening unemployment, warns new UN report

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ILO Director-General Guy Ryder speaking at the Youth Eemployment Tripartite Seminar on 11 January 2013 in...

New OECD-WTO analysis highlights changing face of global trade

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Evaluation of High-Speed Rail Program Should Consider Wider Economic Benefits

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Wider economic development benefits of high speed rail projects are significant and are worth...

Bread for the World Institute Announces Launch of “Development Works” Resource

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IMF Gathers Experts to Discuss Design of Fiscally Sustainable and Equitable Pension Systems in Asia

On January 10, 2013, the world’s leading experts and practitioners on pension issues gathered in Tokyo with policy makers from 16 Asian countries to discuss how advanced and emerging Asian countries can address their pension challenges in a...

World Bank Sanctions ARINC In Relation to an Infrastructure Project in Egypt

The World Bank Group on Thursday announced the debarment of ARINC Incorporated, a US-registered engineering and systems integration company, for a period 33 months following the company’s acknowledgment of a violation of the Bank’s Procurement...