Finance & Economics | WPN World People News

The scene would have been hilarious if the stakes weren't so high. Bevies of bankers flocked to a hearing room at the National Conference of State Legislatures in Atlanta Aug. 12, to try to block a pro-Glass-Steagall resolution pending before that body. After three presentations in favor of the resolution, the bankers—some having come all the way from Delaware—surrounded the legislators who had spoken for Glass-Steagall, demanding that it be withdrawn.

Pakistan’s government should revoke its decision to resume executions and renew its moratorium on the death penalty, Human Rights Watch and the International Commission of Jurists said in a joint letter to the Pakistani government.

The LaRouche Political Action Committee has instituted a weekly Wall Street Crime Report beginning July 2013, which is documenting, state-by-state, and city-by-city, the criminal actions of the mega-predator banks, with the consent of the state or the Federal government, genocidal actions which are destroying the lives of Americans.

The first estimate for the euro area1 (EA17) trade in goods balance with the rest of the world in June 2013 gave a 17.3 billion euro surplus, compared with +12.8 bn in June 2012. The May 20132 balance was +14.5 bn, compared with +6.2 bn in May 2012. In June 2013 compared with May 2013, seasonally adjusted exports rose by 3.0% and imports by 2.5%. These data3 are released by Eurostat, the statistical office of the European Union.

The government of India and the World Bank signed a $100 million credit agreement aimed at helping low-income households in Indian cities access loans to purchase, build or upgrade their dwellings.

The Uganda Economic Update that was launched projects a GDP growth rate of 6.5 percent in 2014. The Update attributes recovery to renewed macro-stability and increased public investments that address binding constraints to growth.