Finance & Economics

World Markets Advance on Bernanke Easy-Money Remark

World stock markets advanced after the chief of the U.S. central bank said a continuation of easy money policies is needed to keep fueling the U.S. economic recovery.

New cohesion policy: MEPs approve €325 billion investment tool for EU regions

New rules for investing €325 billion in regional development projects across the EU in 2014-2020 were approved by the Regional Development Committee. This funding - roughly a third of the EU budget - will boost local growth and job creation.

MIGA Facilitates Expansion of Angola's Energy Infrastructure

The Multilateral Investment Guarantee Agency (MIGA), the political risk insurance arm of the World Bank Group, is helping Angola address its severe energy deficit through its support for the expansion of the Cambambe hydroelectric power plant.

Kyrgyz Republic: A High-Level Development Conference to Set Priorities for Collaboration with Development Partners

A two-day High-Level Development Conference starts in Bishkek with the aim of reviewing the 2010-13 achievements of the Kyrgyz Republic and establishing future priorities for collaboration. The conference is organized by the Government of the Kyrgyz...

Low interest rates will drive recovery, Draghi tells MEPs

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ECB President Mario Draghi discusses latest developments in the eurozone with MEPs

Emergence of global value chains strengthens Aid for Trade Initiative, OECD says

Aid for Trade is helping developing countries reduce trade costs, improve competitiveness and plug into the regional and global value chains that are increasingly important to the world economy, but much more can be done, according to a new joint...

World Bank Closes Fiscal Year in Nepal on a Record High

Fiscal Year 2012-2013 has been a record year for the World Bank in Nepal in terms of new commitments. The Bank is closing the fiscal year with US$ 180 million in disbursement, a 25 percent disbursement ratio exceeding target, and about US$ 416 million...

The Loan Agreement for the Forest Fire Response Project in Russia Has Been Signed

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Minister of Natural Resources and Environment of the Russian Federation Sergey Donskoy and...

Cooperatives can build socio-economic resilience during crises – UN officials

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UNDP has helped establish small, women-run agricultural business cooperatives in rural...

UK Government cuts funding to low value qualifications

Courses in ski chalet hosting, personalising key fobs and making friendship bracelets all have public funding removed.