Finance & Economics

Inclusive and accountable governance helps make states secure, say OSCE forum participants in Prague

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L-r: Ambassador Frank Cogan, Head of OSCE Irish Chairmanship Taskforce, Tomáš Dub, Deputy Foreign Minister of Czech Republic, Brian...

Punjab Moves on Rural and Urban Development Agendas in Tandem

The Punjab Government’s holistic approach to developing rural and urban areas in tandem received impetus when the World Bank’s Board of Executive Directors approved two credits totaling $220 million.

Indonesia: World Class Guarantees for Better Infrastructure

Indonesia’s efforts to establish a market for Public Private Partnerships (PPPs) in infrastructure got another boost today as the executive directors of the World Bank approved a new project to support the newly established Indonesia Infrastructure...

Teachers Go On Strike in Chicago

Some 29,000 teachers and support staff in the Midwest U.S. city of Chicago, Illinois are on strike, upset over reforms proposed by Mayor Rahm Emmanuel.

Poor US Job Numbers Play Key Factor in Presidential Race

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European Central Bank to Buy Troubled Governments' Bonds

The European Central Bank has agreed to buy government bonds from debt-ridden Eurozone countries that request help, as part of an effort to relieve pressure from soaring borrowing costs.

IMF Completes Seventh Review Under the Extended Arrangement with Ireland and Approves €0.92 Billion Disbursement

The Executive Board of the International Monetary Fund (IMF) today completed the seventh review of Ireland’s performance under an economic program supported by a three-year, SDR 19.47 billion (about €23.55 billion or about US$29.62 billion)...

Financing oceans for the future

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A fisherman casts his fishing net on the coast at sunset Gabon.

Antitrust: Commission opens proceedings against Gazprom

The European Commission has opened formal proceedings to investigate whether Gazprom, the Russian producer and supplier of natural gas, might be hindering competition in Central and Eastern European gas markets, in breach of EU antitrust rules.

Employment: EU Globalisation Fund supported over 21000 workers in 2011

More than 21 000 workers dismissed due to the economic crisis and the effects of globalisation were helped to find new job opportunities by the European Globalisation Adjustment Fund (EGF) in 2011, according to a report adopted today by the European...