Youth unemployment expected to worsen with spread of euro crisis
Jobless rates among young people will get even worse globally as the spill-over of the euro crisis...
Closer international co-operation needed to close gap between assets stolen and recovered, say participants at OSCE conference
Oliver Stolpe (r), Senior Advisor, Stolen Assets Recovery Initiative, and Robert Wallner (l), Liechtenstein's Prosecutor General,...
World Bank and Government of Tajikistan Continue Partnership in Energy Sector
The World Bank declared effective the Additional Financing for Tajikistan’s Energy Loss Reduction Project (ELRP). This will allow the project that started in 2005 to continue to support the Government of Tajikistan’s efforts to improve the financial...
Up to 16 Million to Benefit from Improved Public Services in Rio de Janeiro State
Up to 16 million inhabitants of the State of Rio de Janeiro, Brazil will benefit from a US$300 million Development Policy Loan (DPL) approved today by The World Bank Board of Directors. The Rio State Development Policy Loan lll will improve the State’...
The EU's Bank Bailout Policies
The European Union's policy of bailing out the banks in hopes of "saving" the euro is destroying the only basis for eventual recovery: Europe's people. The most critical case now in the headlines is Greece, but Greece is not alone. Spain, Portugal,...
Severe Droughts Drive Food Prices Higher, Threatening the Poor
Global food prices soared by 10 percent in July from a month ago, with maize and soybean reaching all-time peaks due to an unprecedented summer of droughts and high temperatures in both the United States and Eastern Europe, according to the World Bank...
Mexico to Receive US$11.7 Million GEF Grant to Promote Sustainable Production and Biodiversity
The World Bank (WB) Board of Directors approved a US$11.7 million grant today to promote sustainable production and in favor of Mexico’s biodiversity. It seeks to create sustainable production systems combining production activities, natural resource...
August 2012: Economic sentiment declines further in both the EU and the euro area
In August the Economic Sentiment Indicator (ESI) decreased markedly by 2.0...
Overcoming barriers to international cooperation on river basins critical for food, energy, and water security says World Bank report
Against a backdrop of increased volatility in international food prices and energy supply, due in part to water availability, a new World Bank report calls for greater international cooperation on the 80% of the world’s rivers that cross national...
IMF Hosts Forum to Address Low Growth and High Debt in the Caribbean
The International Monetary Fund (IMF) in collaboration with the Ministry of Finance and Economy of Trinidad and Tobago and the Caribbean Development Bank will hold a high-level forum on “Rethinking Policy to Address Low Growth and High Debt in the...
