Infringement - Internal energy market: Commission refers Germany and Hungary to the Court of Justice of the EU for failure to fully comply with the Third Energy Package
The European Commission is referring Germany to the Court of Justice of the EU to ensure a correct implementation of the Electricity Directive (Directive 2009/72/EC) and of the Gas Directive (Directive 2009/73/EC). Both directives are part of the...
World Bank Group Announces Debarment of Two Chinese Construction Companies Working on Energy Project
The World Bank Group on July 19, announced the two-year debarment of Shanghai-based China Nuclear Industry Fifth Construction Co., Ltd. (CNF), an infrastructure construction company that provides power and electrical engineering services, and the four...
Trump's Top Economic Adviser Accuses China's President of Delaying Trade Deal
U.S. President Donald Trump's top economic adviser accused Chinese President Xi Jinping Thursday of stalling efforts to resolve a growing trade dispute with the U.S.
World Bank Launches FY2019 Benchmark Program with US$5 Billion Bond for Sustainable Development
On July 18, the World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) priced its first global benchmark issue in fiscal 2019, returning to the market with a US$5 billion three-year bond for sustainable development that...
Howard Jarvis Taxpayers Association files suit against the County of Los Angeles for “gross misconduct”
The Howard Jarvis Taxpayers Association filed suit the day before against the County of Los Angeles for “gross misconduct” when it “illegally spent” close to $1 million in taxpayer funds on political advertising. The lawsuit seeks reimbursement to the...
Implementing the UK’s Exit from the European Union: Department for Transport
The Department for Transport is making a determined effort to ensure the UK transport system is fully prepared for EU Exit, however the challenge ahead is complex and there is a considerable amount to achieve to ensure the best outcome for UK...
Togo: World Bank Supports Efforts to Improve Urban Infrastructure and Management
The World Bank approved a $30 million International Development Association (IDA) credit to help Togo address urban development challenges and reduce service delivery gaps in some of its most populated municipalities, on July 17.
IMF Executive Board Approves 30-Month Policy Coordination Instrument for Serbia
On July 18, 2018, the Executive Board of the International Monetary Fund (IMF) approved a new 30-month Policy Coordination Instrument (PCI) for Serbia.
Debt Clock tour stops in Edmonton
The Canadian Taxpayers Federation (CTF) brought its 2018 Alberta Debt Clock tour to the provincial capital on Jul 17 as part of its efforts to draw attention to the government’s exploding debt. Alberta’s debt is currently increasing by over $344 per...
The Czech economy is thriving but boosting skills and productivity and transitioning to a low-carbon productive model is vital to sustainable and inclusive growth
