Finance & Economics | WPN World People News

The World Bank Group Board of Executive Directors endorsed a new two-year assistance strategy for the Palestinian territories that focuses on supporting state building through service delivery and job creation. A US$62 million package of grants for reconstruction in Gaza was also approved.

U.S. President Barack Obama says there are still women earning less than men for doing the same work.

The World Bank Group Board of Executive Directors endorsed a new two-year assistance strategy for the Palestinian territories that focuses on supporting state building through service delivery and job creation. A US$62 million package of grants for reconstruction in Gaza was also approved.

Russia, locked in a bitter standoff with Ukraine over a pro-Russian rebellion in Ukraine's east, has agreed to resume natural gas deliveries to its neighbor, in a deal brokered by the European Commission.

Bor, South Sudan

Brazil must build on the positive momentum started with its new Corporate Liability Law and its first indictments in one foreign bribery case to investigate and prosecute more proactively foreign bribery. Since Brazil joined the Convention in 2000, of the 14 allegations identified in the report, only five have been investigated and three investigations are still ongoing – a very low number in light of the size of Brazil’s economy.

Trilateral talks in Brussels to restart the delivery of Russian gas to Ukraine will continue on Thursday after the parties failed to reach an agreement on the first day of negotiations.

An International Monetary Fund (IMF) mission, headed by Uma Ramakrishnan, visited San Salvador during October 14−28 to conduct the country’s 2014 Article IV consultation.

A team from the International Monetary Fund (IMF), led by Hervé Joly, visited Tanzania during October 16−29, 2014. The mission conducted the first review under the Policy Support Instrument (PSI) program that was approved on July 16, 20141. The mission met with Hon. Mohammed Gharib Bilal, Vice President, Hon. Saada Mkuya Salum, Minister of Finance, Professor Benno Ndulu, Governor of the Bank of Tanzania, and other senior government officials.