Finance & Economics

Chinese investment in EU infrastructure: MEPs urge EU countries to act together

EU states must unite against China’s bids to buy up control of their strategic infrastructure and insist that it respect human rights, said MEPs on Wednesday.

FTC Hearings Should Emphasize “Light-Touch” Regulation and Consumer Protection

The Federal Trade Commission opened a series of hearings on the big questions that will determine the priorities for the regulatory body on September 13. Under consideration are issues of consumer protection, monopoly power, corporate mergers and...

Somalia Economic Update: Rapid Growth in Mobile Money

Somalia’s economy is projected to grow at an annual rate of 3–4 percent, according to the third Somalia Economic Update (SEU) published by the World Bank. Titled “Rapid Growth in Mobile Money: Stability or Vulnerability?”, the SEU assesses Somalia’s...

World Bank Review Reveals Unchanged Quality of Policies and Institutional Performance in Africa

The average quality of policies and institutions in Sub-Saharan Africa was broadly unchanged in 2017, according to the latest review by the World Bank. This is a shift from the deterioration observed in the previous year.

OECD unemployment rate stable at 5.3% in July 2018

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IMF Executive Board Concludes 2018 Article IV Consultation with Austria

On September 10, 2018, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Austria.

Austria is a rich, equitable and stable country. The social safety net is ample; thus, poverty and income...

IMF Executive Board Concludes 2018 Article IV Consultation with Portugal

On September 7, 2018, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Portugal.

Following robust growth in 2017, driven by investment and exports, activity is expected to moderate in 2018...

The Digital Economy: Unlocking its Full Potential to Drive Malaysia’s Development

In its journey towards achieving greater economic progress, Malaysia could take further steps to unlock the full potential of its digital economy says a new World Bank report launched here, on September 12. The report, ‘Malaysia’s Digital Economy: A...

Tax Reform 2.0 Will Help Economy Continue to Thrive

Republicans on Capitol Hill have introduced a package of three bills that would extend provisions of last year’s Tax Cuts and Jobs Act while providing additional tax relief for families and small businesses. The National Taxpayers Union applauds these...

“America first” policy goes against EU-US partnership, say MEPs

The US decision to quit key international deals and start a trade war harms EU-US ties; but the EU should not give up on the transatlantic bond, said MEPs on Wednesday.