Finance & Economics
Tax reforms, more efficient public spending and better public governance, keys to consolidating Indonesia’s strong economic progress
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Next step towards transparency in international tax matters: Five new jurisdictions sign tax co-operation agreement to enable automatic sharing of country-by-country information
From left/right: Senator Ian Gorst, Jersey, Secretary-General Angel Gurría, OECD, Deputy Lyndon Trott, Guernsey and Howard Quayle MHK, Isle of Man.
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Government of India and World Bank Sign $650 Million Agreement for the Eastern Dedicated Freight Corridor Project
The Government of India and the World Bank today signed a $650 million agreement towards the third loan for the Eastern Dedicated Freight Corridor (a freight-only rail line) that will help faster and more efficient movement of raw materials and finished goods between the north and eastern parts of India. The project was approved by the World Bank Board on June 30, 2015.
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UK clamps down on nuisance call crooks
From Spring 2017, firm directors can each be fined up to £500,000 by UK Information Commissioner’s Office, if they are found to be in breach of UK Privacy and Electronic Communications Regulations.
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World Bank Pledges $2 Billion to Bangladesh for Climate Smart Growth
World Bank Group President Jim Yong Kim, concluding a two-day trip to Bangladesh focused on the country’s successes in reducing extreme poverty, pledged $2 billion over the next three years in new funding to help the country become less vulnerable to climate change.
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Sharon Man Sentenced for Tobacco Tax Fraud and Money Laundering
A Sharon man was sentenced today in U.S. District Court in Boston in connection with illegally selling tobacco products and laundering the proceeds.
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Ukrainians to Benefit from Increased Security of Gas Supply and Heating this Winter
The World Bank’s Board of Executive Directors approved today a US$500 million guarantee from the International Bank for Reconstruction and Development (IBRD). This guarantee will help Ukraine’s Naftogaz, the national gas company, secure better commercial and financing terms to purchase the gas Ukraine needs to meet the demand of heating companies, households, power producers and industrial consumers. This is particularly key to ensure adequate gas imports for this winter.
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Czech Republic aid reform paves way for more flexible and innovative development
The Czech Republic has become a more active and transparent development provider since overhauling its aid system and joining the OECD Development Assistance Committee (DAC). It should now focus on making sure its funds and expertise are used as effectively as possible, according to a new OECD Review.
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Global Cooperation through Carbon Markets Could Cut Climate Mitigation Costs Dramatically: New World Bank Report
Greater cooperation through carbon trading could reduce the cost of climate change mitigation by 32 percent by 2030, according to a new World Bank report released at an international carbon event in Vietnam, on October 18.
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World Bank to Increase Support to End Stunting in Bangladesh
On October 17, World Bank Group President Jim Yong Kim said he hopes financial support to Bangladesh to end stunting among its children could increase up to $1 billion over the next three years as he marked End Poverty Day in the country to learn lessons from its attempts to become more prosperous and end extreme poverty by 2030.
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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