Finance & Economics
Luxembourg is a generous aid donor and solid ally to partner countries
Already one of the most generous providers of aid, Luxembourg has strengthened its development co-operation in recent years. It could build on this by setting out a clear vision for the future that factors in new risks of instability in fragile countries and ensures no vulnerable groups are overlooked, according to a new OECD Review.
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Europe and Central Asia Region Sees Stronger Growth, Amidst Rise in Migration
Economic growth for the Europe and Central Asia region will reach 2.2% in 2017, according to the World Bank’s latest Regional Economic Update, Migration and Mobility in Europe and Central Asia. This represents the strongest growth in the region since 2011, and is 0.3 percentage points above the Bank’s previous forecast in May 2017.
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Transport Sector Is "Off Track" to Sustainability
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Poland’s GDP Growth to Reach 4% in 2017, Before Slowing Down in 2018, Says World Bank
Poland’s economic growth is projected to reach 4.0% in 2017, up from 2.7% in 2016, on the back of robust consumption, a strong labor market, and the child benefit program “Family 500+”, according to the World Bank’s latest Regional Economic Update, Migration and Mobility in Europe and Central Asia.
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Taxation of the collaborative economy requires genuine European cooperation
The EESC calls on the European Commission and the Member States to apply existing fiscal regulatory systems and tax regimes to the collaborative/digital economy.
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World Bank Treasury Hosted its 2nd Government Debt and Risk Management Program Roundtable
The World Bank Treasury has successfully concluded its second Government Debt and Risk Management (GDRM) Program Roundtable. The GDRM program, sponsored by the Swiss State Secretariat for Economic Affairs (SECO), supports middle-income countries to improve macroeconomic and fiscal management by reducing vulnerability to financial and other shocks.
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Over half of Brits believe the UK has benefitted from EU membership
In Britain 55% consider membership to have been of benefit to the country. Conversely the number of Britons who believe the UK has not benefitted from EU membership has dropped by 7 percentage points to 27%.
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Costa Rica has made major socio-economic progress but more efforts needed to reduce inequality and poverty
Costa Rica enjoys relatively high life satisfaction levels, but should do more to develop a more inclusive and sustainable economy, according to a new OECD report.
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Population ageing and rising inequality will hit younger generations hard
Younger generations will face greater risks of inequality in old age than current retirees and for generations born since the 1960s, their experience of old age will change dramatically. Moreover, with family sizes falling, higher inequality over working lives and reforms that have cut pension incomes, some groups will face a high risk of poverty, according to a new OECD report.
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Human Rights
Ringing FOWPAL’s Peace Bell for the World:Nobel Peace Prize Laureates’ Visions and Actions
Protecting the World’s Cultural Diversity for a Sustainable Future
The Peace Bell Resonates at the 27th Eurasian Economic Summit
Declaration of World Day of the Power of Hope Endorsed by People in 158 Nations
Puppet Show I International Friendship Day 2020