Finance & Economics

Bread for the World Institute Announces Launch of “Development Works” Resource

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IMF Gathers Experts to Discuss Design of Fiscally Sustainable and Equitable Pension Systems in Asia

On January 10, 2013, the world’s leading experts and practitioners on pension issues gathered in Tokyo with policy makers from 16 Asian countries to discuss how advanced and emerging Asian countries can address their pension challenges in a...

World Bank Sanctions ARINC In Relation to an Infrastructure Project in Egypt

The World Bank Group on Thursday announced the debarment of ARINC Incorporated, a US-registered engineering and systems integration company, for a period 33 months following the company’s acknowledgment of a violation of the Bank’s Procurement...

UN reports drop in food prices for third consecutive month

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Buying food at the market.

Lebanon, Cyprus Look to Natural Gas Reserves

Cyprus President Demetris Christofias and Lebanese President Michel Sleiman have agreed to boost cooperation and look into ways to explore offshore oil and gas fields that experts believe may have abundant natural gas deposits. But these energy...

Mexico can do more to promote socially-inclusive green growth

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Decoupling environmental pressures from economic growth

Libya to Secure Oil Ports After Disruptions

Libya's oil ministry has reached agreement with the country's army chief and defense and interior ministries to secure exporting terminals, Oil Minister Abdelbari Al-Arusi said, after several protests have caused shipping disruptions.

Austria’s enforcement of foreign bribery laws far too weak, but could pick up soon says OECD

The OECD Working Group on Bribery regrets that Austria has not had a conviction of bribing foreign public officials despite a number of allegations, 13 years after ratifying the OECD Anti-Bribery Convention. However, enforcement appears to be picking...

Qatar Throws Egypt $2.5B Currency Lifeline

Qatar threw Egypt an economic lifeline on Tuesday, announcing it had lent Egypt another $2 billion and given it an extra $500 million outright to help control a currency crisis.

World Bank Approves a EUR 155 Million Public Expenditure Policy Based Guarantee for Macedonia

The World Bank Board of Executive Directors Tuesday approved a guarantee in support of a commercial loan to the Government of FYR Macedonia in the amount of EUR 155 million.