Finance & Economics

Obama Administration Finalizes Historic 54.5 mpg Fuel Efficiency Standards/ Consumer Savings Comparable to Lowering Price of Gasoline by $1 Per Gallon by 2025

The Obama Administration today finalized groundbreaking standards that will increase fuel economy to the equivalent of 54.5 mpg for cars and light-duty trucks by Model Year 2025.

IMF Executive Board Deems South Sudan Eligible for Concessional Lending

The Executive Board of the International Monetary Fund (IMF) has added the Republic of South Sudan, its newest member, to the list of member countries eligible for IMF concessional lending.

Third Latin American Treasury Forum Seminar in Colombia Discusses Best Practices in Government Treasury Management

The Colombian Ministry of Finance and Public Credit, together with the International Monetary Fund (IMF), the World Bank, and the Interamerican Development Bank jointly organized the Third Latin American Treasury Forum (FOTEGAL) seminar that took...

The World Bank Continues Investments in Municipal Service Provision in Tajikistan

Over 200,000 people residing in five towns of Tajikistan – Kurgan-Tube, Farkhor, Dangara, Kulyab, and Vose – will benefit from improved access to clean water and high-quality utility services as a result of US$ 11.85 million of additional financing...

Next steps making midata a reality

UK Government is committed to putting the UK at the forefront of this rapidly developing market which is why the consultation proposes introducing a power that, when exercised, would give new rights to consumers to access their personal transaction...

Chinese Work to Improve Domestic Wine Industry

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Mergers: Commission approves acquisition of Dutch shrimp supplier Heiploeg Group by a number of banks

The European Commission has cleared under the EU Merger Regulation the proposed acquisition by the Dutch banks ABN AMRO, Rabobank and Friesland Bank together with the Icelandic bank Landsbanki of the Heiploeg Group, a Dutch supplier of shrimps. The...

European Commission announces support for justice and migration in Azerbaijan

The European Commission today announced new funding for Azerbaijan to help reform the institutions responsible for bilateral relations with the EU; in particular those in the areas of justice and migration.

Solar Innovation to Support 'Energiewende'

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From left: Federal Environment Minister Peter Altmaier, Prime Minister of Saxony Stanislaw Tillich, CEO Thibaud Le Séguillon, and CTO Dr....

Employment: Commission proposes €11.9 million from Globalisation Fund for former workers of PSA Peugeot Citroën in France

Demand for motor cars collapsed abruptly in the second half of 2008, especially in Western Europe, which is the largest market for PSA Peugeot Citroën, with a decline in registrations of passenger cars and light trucks in Europe (18 countries in...