Finance & Economics | WPN World People News

Rapid urbanization can hold long-term economic, social and environmental promise for developing countries if investments made now in infrastructure, housing and public services are efficient and sustainable, the World Bank says in a new report “Planning, Connecting, and Financing Cities – Now: Priorities for City”.

ILO Director-General Guy Ryder speaking at the Youth Eemployment Tripartite Seminar on 11 January 2013 in Budapest, Hungary.

Wider economic development benefits of high speed rail projects are significant and are worth considering in the evaluation of such programs, in addition to traditionally measured direct transport benefits.

On January 10, 2013, the world’s leading experts and practitioners on pension issues gathered in Tokyo with policy makers from 16 Asian countries to discuss how advanced and emerging Asian countries can address their pension challenges in a sustainable and equitable manner.

The World Bank Group on Thursday announced the debarment of ARINC Incorporated, a US-registered engineering and systems integration company, for a period 33 months following the company’s acknowledgment of a violation of the Bank’s Procurement Guidelines in the Bank-financed Airports Development project in Egypt.

Buying food at the market.

Cyprus President Demetris Christofias and Lebanese President Michel Sleiman have agreed to boost cooperation and look into ways to explore offshore oil and gas fields that experts believe may have abundant natural gas deposits. But these energy fields lie in a politically tricky area in the waters between Lebanon, Cyprus and Israel.

Decoupling environmental pressures from economic growth