Finance & Economics

World Bank Calls for Global Initiative to Scale Up Geothermal Energy in Developing Countries

The World Bank Wednesday announced a major international effort to expand renewable power generation in developing countries by tapping an underutilized resource: geothermal energy.

Norway should reform its welfare system to help people with mental health issues stay in work

Norway should overhaul its approach to mental health issues in the workplace in order to help more people find a job or stay in work, and cut high and rising public spending, according to a new OECD report.

Sweden: Tackling mental health problems is critical to boosting job prospects of young Swedes

Sweden should make greater efforts to prevent and address mental health problems among people under the age of 30, in order to boost their job prospects and reduce government spending on health care and out-of-work benefits, according to a new OECD...

Africa’s Food Markets Could Create One Trillion Dollar Opportunity by 2030

Africa’s farmers and agribusinesses could create a trillion-dollar food market by 2030 if they can expand their access to more capital, electricity, better technology and irrigated land to grow high-value nutritious foods, and if African governments...

Kerry: US to Release Millions in Aid to Egypt

U.S. Secretary of State John Kerry says Washington will provide Egypt with immediate financial aid because of the nation's "extreme needs." Kerry announced the deal after meeting Sunday with Egyptian President Mohamed Morsi.

Recovering from disaster can be an opportunity for change, says OECD

On March 1, 2013, through the example of Abruzzo, whose capital L’Aquila was destroyed by an earthquake four years ago, a new OECD report recommends policies that can speed the recovery of regions hit by natural disasters, making them more attractive...

UK Advanced manufacturing supply chain fund to create thousands of new jobs

UK Deputy Prime Minister announced £213 million of joint Government and industry investment to strengthen UK advanced manufacturing supply chains – creating over 11,000 new jobs and safeguarding another 5,000.

Public Concern About Environment Overshadowed by Economic Crisis

Public concern about environmental issues hit a 20-year low last year, a poll showed, as worries about the aftermath of the global financial crisis overshadowed growing evidence of man-made climate change.

Obama Appeals to 'Caucus of Common Sense' to Stop Sequester

U.S. President Barack Obama is reaching out to what he calls the "caucus of common sense" to stop the $85 billion in government spending cuts that took effect Saturday.

Low-Income Patients Often Have Trouble Reaching Doctor Via Email

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