Finance & Economics

Growing old wisely in Bulgaria

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New World Bank report says economic impact of Bulgaria’s aging population can be mitigated.

How does the minimum wage impact you? UK Low Pay Commission visits Newport and Gloucester

UK Low Pay Commission (LPC) whose purpose is to provide advice to the Government on matters relating to the minimum wage, apprentice and youth rates is visiting Gloucester and Newport on 3rd and 4th October.

U. S. Regional and State Employment and Unemployment Summary

U.S. Regional and state unemployment rates were little changed in August.

U.S. International Transactions: Second Quarter 2013

The U.S. current-account deficit—the combined balances on trade in goods and services, income, and net unilateral current transfers—decreased to $98.9 billion (preliminary) in the second quarter from $104.9 billion (revised) in the first quarter. The...

The Slovak Republic joins the OECD Development Assistance Committee (DAC)

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Peter Burian, State Secretary of the Slovak Republic’s Ministry of Foreign and European Affairs,...

Barnier vows to MEPs to press ahead with banking union

The single resolution mechanism for banks can be set up without a treaty change, financial services commissioner Michel Barnier told lawmakers. He added that he was open to improving the mechanism through treaty changes at a later stage. MEPs...

World Bank Continues to Support Modernization of Russia’s National Hydromet System

The World Bank’s Board of Directors approved a US$60 million loan to co-finance with the Russian Federation a US$139.50 million Second National Hydromet System Modernization Project (Roshydromet-2) in Russia. The project will assist the Russian...

Fourth Arab Conference to strengthen humanitarian partnership opens in Kuwait

Under the patronage of H.E. Deputy Prime Minister of Kuwait and Minister of Foreign Affairs, Sheikh Sabah Khaled Al-Hamad Al-Sabah, the Fourth Annual Conference on Effective Partnership & Information Sharing for Better Humanitarian Action opened...

Innovation is key to new global development agenda’ – UN youth summit

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ITU Secretary-General Hamadoun Touré (right) with President Laura Chinchilla of Costa Rica at the...

Korean Industrial Zone Reopens as North-South Ties Improve

Thousands of workers from both South and North Korea returned to the joint Kaesong industrial complex to restore operations after escalating threats of war forced it to shut down five months ago.