Finance & Economics | WPN World People News

Emergency admissions cost the NHS £13.7 billion in 2015-16 and pose a serious challenge to both the service and financial position of the NHS, according to the report by the National Audit Office (NAO) on Mar 02,2018. Over the last four years, the NHS has done well to manage the impact on hospitals, despite admitting more people as emergency admissions. While progress has been made in some areas the challenge of managing emergency admissions is far from being under control.

The World Bank approved a $45 million International Development Association (IDA) credit to promote the financial inclusion of individuals and micro, small and medium-sized enterprises in Madagascar, on March 1st.

The European Commission takes note of the announcement by the President of the United States of the imposition of restrictions in the form of an import surcharge on EU exports to the US of steel and aluminium.

Inconsistent penalties, insufficient checks on small parcels, and a lack of information on shipments in free trade zones allow criminal networks to traffic billions of dollars worth of fake and prohibited goods each year. On March 1, the OECD introduced a new phase in its efforts to help governments counter these enforcement gaps and better protect consumers and businesses.

EU job-search aid worth €2,130,400 for 900 workers made redundant by telecoms company Ericsson was approved by the European Parliament in a vote on Thursday.

The World Bank Board of Executive Directors, on February 27, approved a US$ 420 million project to increase climate resilience in agriculture for small and marginal farmers while ensuring that farming continues to remain a financially viable activity for them.

World Bank Group President Jim Yong Kim, on February 26, announced that the institution would partner with the GSMA and mobile network operators around the globe to harness big data from the Internet of Things (IoT) to help end extreme poverty and unlock new drivers of economic growth.

The National Taxpayers Union announced release of a coalition letter from 20 public policy groups in opposition to H.R. 2193, the so-called “Remote Transactions Parity Act” (RTPA), which would grant states new power to tax and regulate internet sales made by businesses outside their borders on Feb 27, 2018. If passed on its own or as an attachment to a larger legislative package, this bill could subject internet retailers to the staggering complexity and compliance costs of more than 12,000 taxing jurisdictions nationwide, while unwisely empowering states to exercise tax power all across the country.