Finance & Economics

Federal Energy Regulatory Commission Denies FirstEnergy’s Request To Transfer Pleasants Plant Ownership

A federal decision put an end to FirstEnergy Corp.’s bad deal for its West Virginia customers, thousands of whom had protested the company’s plan

On January 12, the Federal Energy Regulatory Commission (FERC) denied Ohio-based FirstEnergy’s request to transfer ownership of the Pleasants power plant to Mon Power, one of FirstEnergy’s regulated West Virginia utilities.

Philippines: Additional Funding to Boost Rural Development

The World Bank’s Board of Executive Directors has approved US$ 170 million of additional financing for the Philippine Rural Development Project (PRDP), designed to boost rural incomes and reduce poverty in the country.

Slower private consumption and investment weigh down on OECD GDP growth in third quarter of 2017

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World Bank Rwanda Economic Update: Rethinking Urbanization

From Demographic Transition to Economic Transformation

Rwanda’s growth slowed from mid-2016 to mid-2017, bottoming out at 3.4 percent, but is expected to recover to 5.2 percent for the second half of 2017, and may well accelerate in 2018 and 2019 as private and public investment pick up and agriculture becomes more productive.

OECD annual inflation picks up to 2.4% in November 2017

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Consumer Prices, OECD - Updated: 9 January 2018

OECD annual inflation picks up to 2.4% in November 2017

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Source: Consumer price indices, OECD

Global Economy to Edge Up to 3.1 percent in 2018 but Future Potential Growth a Concern

Current Slack in Global Economy Expected to Fade

The World Bank forecasts global economic growth to edge up to 3.1 percent in 2018 after a much stronger-than-expected 2017, as the recovery in investment, manufacturing, and trade continues, and as commodity-exporting developing economies benefit from firming commodity prices.

Road Deaths and Injuries Hold Back Economic Growth in Developing Countries

A new World Bank study, funded by Bloomberg Philanthropies, finds that reducing road traffic deaths and injuries could result in substantial long-term income gains for low- and middle-income countries.

IMF Executive Board Concludes 2017 Article IV Consultation with Papua New Guinea

On December 1, 2017, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Papua New Guinea.

IMF Executive Board Concludes 2017 Article IV Consultation with Argentina

On December 18, 2017, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Argentina.