Finance & Economics

Telecom-led relief in the Philippines

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Can you hear me? An aid worker in Tacloban at an emergency hub.

European Commission proposes rules to help protect against the theft of confidential business information

The European Commission has proposed new rules on the protection of undisclosed know-how and business information (trade secrets) against their unlawful acquisition, use and disclosure.

Government outlines how mums and dads can use new shared parental leave system

Working mums and dads learn how the new system of shared parental leave will work for them and their employers, in an announcement by UK Deputy Prime Minister Nick Clegg.

World Bank Approves Funds to Boost Burundi’s Public Finance Management and Promote Economic Diversification

The World Bank Board of Directors approved an International Development Association* grant of US$26 million to support the Government of Burundi’s objectives to achieve greater transparency in public finance management, diversify the economy, and...

Pension reforms on track but the challenges of adequacy and inequality in old age remain, says OECD

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In Tehran, Optimism in Wake of Nuclear Deal

The nuclear deal between Tehran and the so-called P5+1 — the United States, Britain, China, France and Russia, plus Germany — is spurring hope of some revival for Iran's struggling economy.

WB: Improvements in Sanitation, Disaster Prevention and Tourism to Benefit More than One Million Peruvians

More than one million people will benefit from improvements in tourism services, appropriate solid waste management and disaster protection and prevention measures in the areas of Cusco, Calca and Urubamba, thanks to a US$35 million project approved...

More Settlements Reached in Foreign Bribery Cases, but Only 3% of Penalties Goes Back to Affected Countries

A new report by the Stolen Asset Recovery Initiative (StAR) highlights the increase in enforcement actions to counter foreign bribery and the growing prevalence of settlements – that is, any resolution short of a full-scale trial – to conclude such...

Congressional Attempts to Weaken Social Safety Net Put Latinos at Risk

Bread for the World released its annual analysis of hunger and poverty in the Latino community. The findings show that programs on the congressional chopping block, such as the Supplemental Nutrition Assistance Program (SNAP, formerly food stamps),...

Investor Sentiment Rises on Iran Nuclear Agreement

Oil prices fell following the breakthrough accord in Geneva that limits or freezes parts of Iran's nuclear activities. In exchange for curbing Iran’s nuclear program, the deal will ease some of the crippling economic sanctions that have caused massive...