Finance & Economics

Myanmar and World Bank Group now fully engaged to spur growth and create opportunities for all

Myanmar and the World Bank Group Sunday marked the beginning of a new phase in their partnership to accelerate reforms with the clearance of arrears to the Bank and the Asian Development Bank. The Bank Group is now fully engaged in supporting...

World Bank Supports Climate Change Resiliency and Improved Health and Nutrition in Mozambique

The World Bank’s Board of Executive Directors on last Thursday approved US$87 million to support the Government of Mozambique’s efforts to develop a climate change-resilient economy and scale-up high impact nutrition interventions benefiting over one...

£24 million investment will make Glasgow a city of the future

Glasgow has been given a boost today after it was chosen to receive £24 million of government investment to demonstrate how a city of the future will work. Glasgow beat off competition from 30 other UK cities to host the Technology Strategy Board’s ‘...

U.S. Mass Layoffs Summary on December 2012

Employers took 1,509 mass layoff actions in December involving 137,839 workers as measured by new filings for unemployment insurance benefits during the month, the U.S. Bureau of Labor Statistics reported today. (Data are seasonally adjusted.) Each...

House Approves Temporary Extension of US Debt Limit

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U.S. debt ceiling

New UN report shows major decline in foreign direct investment in 2012

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Director of UNCTAD's Division on Investment and Enterprise James Zhan

New World Bank report offers policymakers roadmap for building resilient sustainable cities

Rapid urbanization can hold long-term economic, social and environmental promise for developing countries if investments made now in infrastructure, housing and public services are efficient and sustainable, the World Bank says in a new report “...

World’s youth facing worsening unemployment, warns new UN report

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ILO Director-General Guy Ryder speaking at the Youth Eemployment Tripartite Seminar on 11 January 2013 in...

New OECD-WTO analysis highlights changing face of global trade

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Evaluation of High-Speed Rail Program Should Consider Wider Economic Benefits

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Wider economic development benefits of high speed rail projects are significant and are worth...