Finance & Economics

Tax burdens on labour income in OECD countries continue to rise

New data show that across OECD countries the average tax and social security burden on employment incomes increased by 0.1 of a percentage point to 35.6 per cent in 2012. It increased in 19 out of 34 countries, fell in 14, and remained unchanged in...

US Jobs Coming Home?

Something strange is happening to the international labor market. Soaring costs and a changing labor environment in Asia have brought back American jobs that moved overseas in recent years. But experts warn that those returning jobs are small in...

Panama/WB: Greater Fiscal Space and Social Protection Efficiency for One Million Panamanians

The World Bank Board of Directors approved a new US$100 million programmatic loan to support Panama’s efforts to improve tax revenue, fiscal management and transparency, and make social programs — which currently benefit more than 925,000 Panamanians...

US Economy Recovering, but Slowly

Economic studies published Tuesday show a mixed picture of the U.S. economy - the world's largest - which is slowly recovering from the worst recession in decades.

World Bank to Finance Nigerian Efforts to Improve Education Quality and Boost Job Opportunities for Young People

The World Bank’s Board of Executive Directors Tuesday approved US$450 million for two projects in Nigeria to boost employment opportunities for young people in 20 states, and to improve education quality for millions of school children in the West...

Banks in Cyprus Remain Closed After Bailout

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UK Government gives £150,000 funding to kick-start copyright hub

UK Lord Younger announces £150,000 of funding for new web site designed to make it easier for consumers to obtain information about copyright £150,000 of funding to create a one-stop-shop web site designed to make it easier for consumers to get...

Senate Budget Resolution Largely Protects Hungry and Poor People

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Cyprus: Bailout Terms 'Painful' but Necessary

Cyprus President Nicos Anastasiades says the terms of his country's new $13 billion bailout are "painful," but that he had to agree to the deal with international lenders to keep the island nation from economic collapse.

Cyprus Parliament Passes Financial Measures, Future Uncertain

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