Finance & Economics

Pension fund assets at record high but investment returns negative in 2011, says OECD

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Trends in total OECD pension funds assets, 2001-2011
In USD trillion

Agriculture : Support to agriculture at historic lows, says OECD

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Producer Support Estimates by country in % of gross farm receipts, 2010 and 2011

Statement of the Troika on the Greek review mission

The European Commission/European Central Bank/International Monetary Fund mission in Athens will take a brief pause from its discussions with the authorities on the programme review. It expects to return to Athens after about a week. During this...

European Union Contributes €3 Million to IMF Trust Fund for Capacity Building in Macroeconomic Policies and Statistics for South Sudan

The European Union on September 19, 2012 committed €3 million (about US$3.9 million) to an International Monetary Fund (IMF) trust fund to help South Sudan develop essential macroeconomic institutions, policies and skills through the IMF’s expert...

Statement by an IMF Mission to The Gambia for Discussions of the First Review of the ECF Arrangement

“Last year’s severe crop failure, caused by drought throughout the region, led to a sharp contraction in the Gambian economy. In 2011, The Gambia’s real gross domestic product (GDP) fell by about 5 percent.

IMF Executive Board Completes Fourth Review Under ECF Arrangement for Sierra Leone and Approves US$6.9 Million Disbursement

The Executive Board of the International Monetary Fund (IMF) today completed the fourth review of Sierra Leone’s economic performance under a program supported by the Extended Credit Facility (ECF) arrangement. The completion of the review enables the...

Latinos Hit Hardest by Hunger and Poverty

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Economy: European recession slowing global economy, says OECD

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The European Commission announces new large-scale support the Occupied Palestinian Territory

The European Commission has today announced new funding of €100 million for Palestine in the areas of water and sanitation and supporting refugees, as well as a package of support to Area C (the part of the West Bank under direct Israeli occupation),...

Italian Entrepreneurs Turn to Chinese for Help

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The economic crisis in Europe is deeply felt in the northern and more developed part of Italy, where entrepreneurs are suffering from...