Lack of support for motherhood hurting women’s career prospects, despite gains in education and employment, says OECD
Australia is in a strong position, but must adapt to take full advantage of rising Asia, OECD says
Improvements to the Quality of Life of Millions of Colombians Living in Urban Areas
The quality of life of the more than 30 million Colombians living in the largest urban areas will improve through a new US$150 million loan, approved today by the World Bank Board of Directors. The program seeks to increase productivity and...
Ethiopia Economic Update – Overcoming Inflation, Raising Competitiveness
Over the past decade, the Ethiopian economy has been growing at twice the rate of the Africa region, averaging, 10.6 percent GDP growth per year between 2004 and 2011 compared to 5.2 percent in Sub-Saharan Africa, according to a new report by the...
EU and Singapore agree on landmark trade deal
EU Trade Commissioner Karel De Gucht and Singapore's Minister of Trade and Industry Lim Hng Kiang completed final negotiations on a free trade agreement (FTA) between the European Union and Singapore. The agreement reached today is one of the most...
U.S. Treasury Receives Payment From Its Final Sale of AIG Common Stock, Bringing Positive Return on Overall AIG Commitment to $22.7 Billion
The U.S. Department of the Treasury announced that it today received payment from its final sale of AIG common stock. With the proceeds received today, the Treasury and the Federal Reserve have fully recovered the combined $182.3 billion they...
US Jobless Benefit Claims Drop Sharply
Claims for jobless benefits have dropped sharply again in the United States, a new signal that the country's labor market may be improving.
European Central Bank extends the existing swap arrangements with other central banks
The Bank of Canada, the Bank of England, the European Central Bank, the Federal Reserve and the Swiss National Bank are today announcing an extension of the existing temporary US dollar liquidity swap arrangements until 1 February 2014. Previously,...
Australia’s unique approach to helping the unemployed has delivered good results but challenges remain, says OECD
Australia’s labour market reforms over the past 15 years have boosted employment and cut welfare benefit dependency. But further efforts are needed to help people with a partial work capacity get back to work and to tackle the high rate of people...
Colombia joins OECD Anti-Bribery Convention
“Bribery distorts markets and increases the cost of doing business. This month marks the 15th anniversary of the OECD’s Anti-Bribery Convention, the first and only legally-binding international instrument to focus exclusively on active bribery in...
