No S. Sudan Oil Exports Until at Least March
South Sudan will delay resuming oil exports until at least mid-March even if the new African republic solves all security conflicts with Sudan at a presidential summit on Friday, Oil Minister Stephen Dhieu Dau said.
World Bank Sanctions the Serbian company Energoprojekt Niskogradnja for Fraudulent Practices Impacting a Roads Project in Uganda
The World Bank Group Thursday announced the debarment of Energoprojekt Niskogradnja, a Serbian civil engineering and contracting company - for a period of 2.5 years following the company’s acknowledgment of misconduct in a Bank-financed roads and...
Markets Surge, New Crisis Looms after Partial 'Fiscal Cliff' Deal
World markets greeted 2013 on a high note Wednesday after the U.S. Congress and President Barack Obama reached a last-minute deal to avert a financial crisis that analysts say could have sent the United States into a recession.
$37.7 Million in Contributions to Strengthen Governance and Economic Growth
The Middle East and North Africa (MENA) Transition Fund recently received $37.7 million from Canada, the United Kingdom, and France to support good governance, sustainable growth, and greater employment opportunities for youth.
Fiscal Deal Minimizes Negative Impact on Poor People
IMF Spokesman Comments on U.S. “Fiscal Cliff” Measures
Mr. Gerry Rice, Director of External Relations at the International Monetary Fund (IMF), issued the statement Wednesday
US Lawmakers Approve Fiscal Cliff Deal
After a dramatic day of unexpected twists and turns, the U.S. House of Representatives has passed the Senate compromise bill to avert massive tax increases and severe cuts to government spending known as the fiscal cliff.
US Senate Votes to Avert ‘Fiscal Cliff’
The U.S. Senate has overwhelmingly approved a bipartisan agreement to spare most Americans from steep tax hikes and delay across-the-board federal spending cuts imposed by the so-called “fiscal cliff”.
US Congress to Reconvene, Continue Fiscal Talks
The drama over the U.S. government’s so-called “fiscal cliff” enters its final day before the deadline on Monday, with no agreement between Democrats and Republicans. Americans will face tax increases and deep government cuts on Tuesday if no...
US Senate Leaders Plan Sunday Vote to Avoid 'Fiscal Cliff'
U.S. Senate leaders have given themselves a deadline of Sunday afternoon to reach a deal that could lead to avoiding the so-called fiscal cliff, possibly plunging the country into another recession.
