Finance & Economics | WPN World People News

More than half the working-age population of the Middle East and North Africa (MENA) region are neither employed nor in school, and both the share of women not working and the unemployment rate for young people are the highest in the world.

South Sudan has resumed oil production, bringing cheers from citizens and a boost to the economy after a halt of more than a year.

As part of the Management of Land Acquisition, Resettlement and Rehabilitation (MLARR) Program in South Asia, the World Bank launched on April 9, 2013 two national and one regional centers of excellence in MLARR.

By 2050, the world will have two billion more people to feed. To do that, global agricultural production will need to increase by 70 percent.

Strengthening incentives for local and regional governments and enhancing the quality and efficiency of public spending in the education and health sectors is critical for improving living standards and human capital in Belarus, says a new World Bank report Belarus Public Expenditure Review: Enhancing Public Services in Times of Austerity.

As the story of the Cyprus template for world financial reorganization unfolds, it is becoming clear that the British Empire's policy is, "Your money and your life."

International Monetary Fund chief Christine Lagarde says that a large part of the world economy "looks better" than it did a year ago, but also warns there are risks remaining from the global recession in some countries.

The IMF managing director told a forum on Asia Sunday night in China that "growth continues to broaden and strengthen" throughout emerging and developing economies, and that the U.S. economy is showing signs of improvement.

Central Bank and Finance Ministry officials from across Southern Africa met this week to discuss enhanced supervision to maintain the stability of the region’s financial systems. The officials, together with international experts in the field, took part in a seminar entitled Macroprudential Approach to Supervision, organized in Pretoria by the International Monetary Fund’s Africa Regional Technical Assistance Center for Southern Africa (AFRITAC South) in collaboration with the South African Reserve Bank (SARB) College.

U.S. President Barack Obama has called for passage of a budget he is sending to Congress next week, saying it includes ideas both parties can support.

In his weekly address Saturday, the president said his top priority is improving the economy by supporting the growth of a rising, thriving middle class.

He warned that deep, across-the-board budget cuts now in place will cost the economy hundreds of thousands of jobs a year.