Finance & Economics

World Bank Offers New Sustainable Growth Bonds for Investors in Switzerland

The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) has launched a new series of bonds in Switzerland that directly link investors to the Sustainable Development Goals (SDGs). Returns are linked to the performance of...

IMF Executive Board Concludes 2018 Article IV Consultation with the Russian Federation

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

Landmark Agriculture Bill to deliver a green Brexit

The Agriculture Bill sets out how farmers and land managers will in future be paid for “public goods”, such as better air and water quality, improved soil health, higher animal welfare standards, public access to the countryside and measures to reduce...

Rule of law in Hungary: Parliament calls on the EU to act

Parliament has asked EU member states to determine, in accordance with Treaty Article 7, whether Hungary is at risk of breaching the EU´s founding values.

World Bank Board Approves Action Plan for Democratic Republic of Congo Inspection Panel Case

The World Bank’s Board of Executive Directors has considered the Inspection Panel’s investigation of the Second Additional Financing for the Democratic Republic of Congo’s (DRC) High-Priority Roads Reopening and Maintenance Project (ProRoutes) and...

Department for Environment, Food and Rural Affairs: Progress in Implementing EU Exit

The Department for Environment, Food and Rural Affairs (Defra) has made good progress in its preparations for exiting the EU, but it faces an enormous challenge. It is now not able to deliver everything it originally intended for a ‘no-deal’ exit,...

Easing growth momentum in the OECD area

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PM unveils plans for UK to become world leader in low emission tech

A £106 million package for projects developing innovative green battery, vehicle and refuelling technology will be unveiled by the Prime Minister at the country’s first ever Zero Emission Vehicle (ZEV) Summit.

IMF Reaches Staff-Level Agreement with Barbados on an Economic Program under the Extended Fund Facility

At the request of the Government of Barbados, an International Monetary Fund (IMF) team led by Bert van Selm visited Bridgetown from August 30 to September 7, for discussions on possible IMF financial support for the Government of Barbados’s Economic...

World Bank Launches First Sustainable Development Notes Linked to New Global Sustainability Signatories Index

The World Bank (International Bank for Reconstruction and Development or IBRD), rated Aaa/AAA, will for the first time, issue US dollar-denominated sustainable development notes that provide investors return exposure to the environmental, social and...