World Bank Supports Armenia’s Tax Administration to Improve Business Climate and Competitiveness
The World Bank’s Board of Executive Directors today approved a US$12 million credit for the Tax Administration Modernization Project (TAMP) for Armenia.
IMF: Europe's Problems Slow US Economic Recovery
The head of the International Monetary Fund, Christine Lagarde, said the "tepid" U.S. economic recovery could be hurt by two problems: Europe's economic troubles and U.S. political gridlock.
U.S. Commerce Department to Open Four Regional U.S. Patent Offices That Will Speed Up the Patent Process and Help American Businesses Innovate, Grow, and Create Jobs
Acting U.S. Commerce Secretary Rebecca Blank and Under Secretary of Commerce for Intellectual Property and Director of the U.S. Patent and Trademark Office (USPTO) David Kappos today announced plans to open regional USPTO offices in or around Dallas,...
In Niger Delta, Black-Market Oil Booms
Nigerian security forces say they have burned...
Expanded North Carolina Lithium Facility Opens, Boosting U.S. Production of a Key Manufacturing Material
On June 29, U.S. Energy Secretary Steven Chu recognized the opening of Rockwood Lithium’s expanded manufacturing facility in Kings Mountain, North Carolina.
S. Sudan Oil Shutdown Chokes Economy
Brave or reckless, South Sudan's decision to shut down its oil production to protest the north has had disastrous consequences for its citizens. The country's economy came to a jarring halt in January, when it shut down oil production due to a trade...
US Treasury Department Announces $204 Million In Proceeds From Pricing of Public Offerings of Preferred Stock in Seven Financial Institutions
As part of the strategy it outlined last month for winding down its remaining Troubled Asset Relief Program (TARP) bank investments, the U.S. Department of the Treasury announced that it priced secondary public offerings of the preferred stock it...
Spain Warns of Increasing Debt Costs
With Spain's economy sliding at a faster pace, Prime Minister Mariano Rajoy is warning that the government will not be able to sustain its high borrowing costs for much longer.
Spain Warns of Increasing Debt Costs
With Spain's economy sliding at a faster pace, Prime Minister Mariano Rajoy is warning that the government will not be able to sustain its high borrowing costs for much longer.
Developing countries need more time to ratify new EU trade agreements, say MEPs
Trade committee MEPs called on the Commission on Thursday to give struggling African, Caribbean and Pacific (ACP) countries two more years for negotiations on their Economic Partnership Agreements (EPAs) before withdrawing their free access to the EU...
