Finance & Economics
Despite Slower Growth, Latin America Nears Historic Unemployment Lows
This year, the Latin America and the Caribbean region (LAC) will be growing at 3.0 percent, more in line with global trends.
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World Bank to Help Immunize 34.8 million Children in Pakistan against Polio
The World Bank’s Board of Directors today approved a US$24 million second additional financing for the Third Partnership for Polio Eradication Project (TPPEP) to support the Government of Pakistan’s efforts to immunize 34.8 million children against the crippling effects of polio with the goal of eradicating the disease from the country.
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Unemployment Rises in Spain With No Relief in Sight
Unemployment rose in Spain for the second-consecutive month, as talks of a European bailout intensify. Meanwhile, officials warned the economy is likely to shed more jobs in the next few months.
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Thousands of French Protest Austerity Plans
Tens of thousands of protesters took to the Paris streets Sunday in the latest bout of European anger over tough austerity plans.
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IMF Executive Board Approves Distribution of US$2.7 Billion in Remaining Windfall Gold Sales Profits as part of a Strategy to Make Low-Income Lending Sustainable
The Executive Board of the International Monetary Fund (IMF) on Sep. 28, 2012 approved the distribution of SDR 1.75 billion (US$2.7 billion) in remaining windfall gold sales profits as part of a strategy to bolster the IMF’s concessional lending vehicle for low-income countries and make it sustainable.
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World Bank Reaffirms Support for Economic and Political Transition Process in Yemen
Dr. Jim Yong Kim, President of the World Bank Group, committed his institution’s best efforts and expertise to Yemeni President Abed Rabbo Mansour Al-Hadi, during a meeting on Sep. 29, 2012.
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World Bank Grant of $1.2 Million Will Foster Technical Cooperation on Biosafety
The World Bank Group announced that it would provide US$1.2 million to fund a new global partnership formed to strengthen the capacity of developing countries to make their biosafety regulations more efficient and harmonized.
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Constructive political dialogue important for Albania's advancing reform
The Representative of the Irish Chairperson-in-Office of the OSCE, Minister for European Affairs Lucinda Creighton meets with Albania's Prime Minister Sali Berisha during her visit to Albania, Tirana, 28 September 2012.
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Indonesia should improve governance, productivity and tax collection to promote inclusive growth
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