Finance & Economics

World Bank Prices First Sustainable Development Bond to Raise Awareness for Water and Ocean Resources

The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) has priced a SEK 1 billion 7-year bond, the first in a series of Sustainable Development Bonds issued to raise awareness for the critical role that water and ocean...

G20 international merchandise trade contracts in second quarter of 2018

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US Warns Russia to Stop Harassing Ships Headed to Ukraine

The Trump administration told Russia on Thursday to stop what it said was harassment of international shipping vessels in the Sea of Azov and Kerch Strait aimed at trying to weaken Ukraine's economy.

Indonesia: World Bank Socializes its Environmental and Social Framework

A workshop to support the implementation of the new World Bank Environmental and Social Framework (ESF) kicked off on Tuesday, August 28 in Jakarta. The workshop brought together Indonesian government representatives, civil society organizations and...

Canadian Taxpayers Federation reacts to Federal Court of Appeal decision on Trans Mountain pipeline expansion approval

Canadian Taxpayers Federation (CTF) Federal Director Aaron Wudrick released the following statement in response to the Federal Court of Appeal's ruling on the Trans Mountain pipeline expansion approval:

Labour Day Reality Check: 80% of government employees have guaranteed pensions compared to just 10% of private sector workers

The Canadian Taxpayers Federation (CTF) released an analysis of federal pensions based on data compiled by Statistics Canada, which shows that risky defined-benefit pensions are vanishing in the private sector, but remain overwhelmingly common within...

South Asia’s Transport Corridors Can Become Engines of Growth

Transport corridors offer enormous potential to boost South Asia’s economic growth, reduce poverty, and spur job creation, provided the new trade routes spread their benefits broadly and limit negative environmental impacts, says a new World Bank...

IMF Staff Concludes Staff Visit to Georgia

An International Monetary Fund (IMF) team, led by Ms. Mercedes Vera-Martin, visited Tbilisi during August 21-27, 2018 to discuss recent economic and financial developments and progress with structural reforms.

Effective Management of Water Resources in Arab World Key to Future Growth and Stability

Water scarcity in the Middle East and North Africa (MENA) region can either be a destabilizing factor or a motive that binds communities together, according to a new joint report from the United Nation’s Food and Agriculture Organization (FAO) and the...

Nokia lands EUR 500 million EU Financing for 5G research

Finnish multinational telecommunications, information technology, software and services company Nokia, on August 27, signed a EUR 500 million loan transaction with the European Investment Bank (EIB), supported by the European Fund for Strategic...