UK Business Secretary announces £25 million boost for innovative small businesses
UK Business Secretary Vince Cable announced that a £25 million boost will be given to small but innovative UK businesses.
Statement at the Conclusion of an IMF Staff Visit to Serbia
A staff team from the International Monetary Fund (IMF), headed by Zuzana Murgasova, visited Belgrade during October 1-7 to discuss recent economic developments and the authorities’ policy agenda for 2014 and the medium term.
At high-level event on development, UN officials urge greater private financing
New and innovative sources of financing are needed to supplement decreasing official development assistance, United Nations officials said calling for greater private funding and fostering international trade to sustain economic growth and fuel...
Obama Will Negotiate on Budget, But Not Under Threat of Default or Ongoing Shutdown
President Barack Obama has again said he is willing to negotiate with congressional Republicans on broad budget and fiscal issues, but will not do so under threat of a U.S. government default on its debt payments or an ongoing government shutdown.
Building Climate Resilience for Nepal’s Vulnerable Populations
Nepal ranks as the fourth most climate-vulnerable country in the world and is highly exposed to a range of water related hazards such as floods, droughts and landslides. Current projections predict increased climate variability and increased frequency...
Palestinians Access to Area C Key to Economic Recovery and Sustainable Growth
More than half the land in the West Bank, much of it agricultural and resource rich, is inaccessible to Palestinians. The first comprehensive study of the potential impact of this ‘restricted land,’ released by the World Bank today, sets the current...
Developing East Asia slows, but continues to lead global growth at 7.1% in 2013
Developing East Asia is expanding at a slower pace as China shifts from an export-oriented economy and focuses on domestic demand. Growth in larger middle income countries including Indonesia, Malaysia, and Thailand is also softening in light of lower...
Airbus Breaks Boeing's Monopoly in Japan
Japan Airlines has announced that it is ordering 31 Airbus A350 wide-body jets in a deal that challenges U.S. aerospace company Boeing's dominance in the country.
Developing East Asia slows, but the Philippines maintains growth momentum
Developing East Asia is growing at a slower pace but the Philippines expects to buck this trend in the next three years, says the East Asia and Pacific Economic Update released by the World Bank
Better Risk Management Can Unlock Opportunities, Prevent Crises, and Protect Poor amidst Disasters and Shocks, Says World Bank
In the face of social unrest, economic crises, and more frequent natural disasters, preparation and recovery efforts by governments, communities, and individuals have become increasingly essential. Effective risk management can provide both resilience...
