Finance & Economics | WPN World People News

In order to win the fight against poverty in Latin America and the Caribbean, children need to have better access to basic opportunities, according to new World Bank data released to mark the International Day of the Eradication of Poverty, on October 17.

Economic and social reforms undertaken over the past two decades have driven Peruvian efforts to achieve sustainable economic growth and important reductions in poverty. Against a context of weak global growth, Peru will need to diversify its economy, boost skills, reinforce productivity across the labour force and unleash the potential of all regions in order to spur more inclusive national growth, according to new analysis presented by the Organisation for Economic Co-operation and Development (OECD), on October 14.

The first estimate for euro area (EA19) exports of goods to the rest of the world in August 2016 was €160.3 billion, an increase of 8% compared with August 2015 (€148.1 bn). Imports from the rest of the world stood at €141.9 bn, a rise of 4% compared with August 2015 (€136.9 bn). As a result, the euro area recorded a €18.4 bn surplus in trade in goods with the rest of the world in August 2016, compared with +€11.2 bn in August 2015. Intra-euro area trade rose to €121.6 bn in August 2016, up by 6% compared with August 2015.

Regular consumption of fruit and vegetables is considered as an important element of a healthy and balanced diet. In the European Union (EU) however, slightly more than a third (34.4%) of the population aged 15 or over did not eat them on a daily basis in 2014, while less than 15% (14.1%) consumed at least 5 portions each day. This is the consumption promoted by the EU-wide "5-a-day" campaign, following a recommendation by the World Health Organization that individuals consume "a minimum of 400g of fruit and vegetables per day (excluding potatoes and other starchy tubers)".

Respondents reported only a few changes in credit terms and conditions offered to counterparties for most non-centrally cleared OTC derivatives over the reference period. Still, the survey responses indicate that initial margin requirements and credit limits became less favourable and valuation disputes increased, partly due to new requirements to exchange initial margin as of 1 September 2016.

Business France, the French national agency supporting the international development of the French economy, is organising France’s iconic pavilion at the InnoTrans Fair, an international trade show for the rail industry.

When UK Prime Minister entered Number 10 in July she talked about the many families who are only just managing to get by.

The World Bank’s Board of Executive Directors approved a $300 million loan to support efforts to build disaster-resilient infrastructure, strengthen risk reduction and improve emergency preparedness in China’s Sichuan province, on October.

Georgia has achieved remarkable progress in eliminating petty corruption in the public administration and should now focus on combating high-level and complex corruption, according to a new OECD report.