Finance & Economics

Austria’s investment outlook: economy well on track, according to annual “EIB Survey on Investment and Investment Finance” (EIBIS)

Austria is a structurally sound economy with a high quality of infrastructure and capital. Post-crisis, investment activity recovered faster than for the EU as a whole, powered most recently by investment in machinery and equipment. R&D investment in relation to GDP is also on the rise in Austria, driven particularly by large firms, although some innovative firms still face credit constraints.

Tai Ji Men Voiced An Injustice Case of Tax in UN

ROC Centenary, Taxation and Human Rights White Paper Reveals Tax Disasters

Tai Ji Men injustice case of tax has been recorded in the Taiwan Tax Right White Paper.

Doctors to Governments: Tax us. Canada is worth it!

A group of doctors who rank among Canada’s top income earners urge the Ontario and federal governments to raise taxes on the rich to balance the budget and spare needed public services from austerity cuts.

Chrysler Financial Parent Company Repays $1.9 Billion in Settlement of Original Chrysler Loan

TARP Repayments Reach $189 Billion

The U.S. Department of the Treasury today announced that it has received a $1.9 billion repayment from Chrysler Holding (CGI Holding) in settlement of one of the loans that the Treasury Department extended to finance Chrysler LLC, the "Old Chrysler" automobile company. This repayment, while less than face value, is significantly more than the Treasury expected to recover on this loan and is greater than an independent valuation of the loan provided by investment banking firm Keefe, Bruyette and Woods, which was hired by Treasury in connection with the transaction.

Recession hampering fight against hunger in Europe, Central Asia – UN

13 May 2010 – The global downturn is threatening to reverse gains made – driven largely by agriculture – in combating poverty and food insecurity in Europe and Central Asia, a senior United Nations official said today.
Some 50 million people in the region have risen out of poverty since 1998, according to the UN Food and Agriculture Organization (FAO). In Central Asia alone, the number of hungry people dropped nearly 40 per cent to under 6 million in 2004-2006.

New Country Partnership Framework to Support Zambia Achieve Inclusive Growth

The World Bank Board of Executive Directors, on February 14, endorsed a new five-year Country Partnership Framework (CPF) to support the government of Zambia address the structural challenges and promote pro-poor growth with a focus on rural areas.

IMF Executive Board Concludes 2018 Article IV Consultation with Fiji

On February 12, 2019, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Republic of Fiji and considered and endorsed the staff appraisal without a meeting.

EU provides €45 million in support for smallholder agri-businesses in rural Africa

Commissioner for International Cooperation and Development Neven Mimica is in Rome for the launch of the new Agri-Business Capital (ABC) Fund, on February 15, which will help deliver on the Africa-Europe Alliance for Sustainable Investments and Jobs.

OECD unemployment rate stable at 5.2% in December 2018


OECD CLIs continue to point to easing growth momentum in most major economies