Finance & Economics

Media Experts Ponder Future of Newspapers After Washington Post Sale

Jeff Bezos.png

UK Businesses to benefit from better enforcement of fire safety regulation

UK government welcomed a commitment from the Chief Fire Officers Association (CFOA) to work with businesses to improve how fire safety regulations are enforced.

World Bank: Improved Water, Sanitation and Urban Mobility Services to Benefit More than 85,000 Manta Residents

Close to 85 thousand Ecuadorians will directly benefit from improvements to water, sanitation and transportation services in the coastal municipality of Manta, as a result of a new US$100 million loan approved today by the World Bank’s Board of...

Food prices fall for third consecutive month – UN agency

06-07-food.jpg

$50 Million Grant to Boost Economic Growth and Fiscal Sustainability in Afghanistan

The World Bank approved a US$50 million grant, through International Development Association (IDA), to help Afghan Government reinforce legal, regulatory and institutional reforms.

Chinese Economic Footprint in Pakistan Increasing

VOA20130807A_0_0.jpg

Iranian teacher Abdolreza Ghanbari saved from execution

EI is relieved to learn that the death sentence imposed on Iranian teacher Abdolreza Ghanbari has been reduced to 15 years’ detention and exile by the Tehran Revolutionary Court.

World Bank Approves Rusumo Falls Hydropower Plant

The World Bank’s Board of Executive Directors approved US$340 million for the Regional Rusumo Falls Hydroelectric Project which aims to benefit people in Burundi, Rwanda and Tanzania. This project is the first operation under the World Bank Group...

Former Hedge Fund Principal Sentenced in Manhattan Federal Court to Two Years in Prison for Stealing More Than $2 Million in Investor Funds

Preet Bharara, the United States Attorney for the Southern District of New York, announced that BERTON HOCHFELD, the former Manager of Hochfeld Capital Management, L.L.C. (Hochfeld Capital), was sentenced in Manhattan federal court to two years in...

Economists Predict Bleak Future After Mugabe Re-election

Robert Mugabe's re-election as president of Zimbabwe last week raised concerns for many economists who believe the country's foreign investment will greatly diminish under the 89-year-old's economic policies.