Finance & Economics | WPN World People News

Commissioner Margrethe Vestager, in charge of competition policy, said: "Gases – like oxygen and helium – are crucial inputs for a large variety of products we need and use in our everyday life.

While the LITRG welcomes the opportunity to respond to this consultation, we are disappointed that the DWP has not considered the different options available to move legacy benefit claimants to universal credit (UC), considering the importance and sheer magnitude of the managed migration process. We urge the Government to delay the start of managed migration and consult further on other options for migration, including an automatic transfer option.

Denmark has a goal of supplying 50% of its energy consumption from renewable energy sources by 2030 and to become independent from fossil fuels by 2050. In line with this goal, the Danish authorities will implement three measures supporting renewable energy

The EU Commission must respond positively to the Chequers white paper to ensure our continued strong economic ties and avoid sustained economic damage.

U.S. Treasury Secretary Steven Mnuchin says the United States is ready to impose more sanctions on Turkey if detained American pastor Andrew Brunson is not released from house arrest.

As young people in England and Wales await their A-level results on Thursday 16 August, the proportion of young people who are unemployed and not in full-time education is at a record low of 4.7%.

The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) on August 14, priced its first Secured Overnight Financing Rate (SOFR) bond. The 2-year USD-denominated benchmark bond raised USD 1 billion from investors in the Americas, Asia, and Europe. This is the first SSA-issued SOFR-linked bond and represents the second transaction in the market. Proceeds of the bond will support the World Bank’s global efforts to end poverty and create opportunity.

The World Bank, on August 13, announced a new project to provide Gaza‘s unemployed youth with short term income support. About 4,400 targeted youth, half of them women, will be hired by NGOs to deliver services in severely needed areas such as health, education and support to the disabled and elderly. As part of the US$17 million grant, the new project will finance skills training and internet-based job support to an additional 750 youth.

The Chartered Institute of Taxation (CIOT) is suggesting an alternative to HMRC’s extension of the public sector ‘off-payroll’ working rules to the private sector. The Institute believes this will avoid repeating mistakes with last year’s rollout in the public sector, while enabling HMRC to curb non-compliance with IR35 tax rules by some people who set up and work through their own personal service companies (PSCs).1

Prime Minister of Jamaica, The Most Honourable Andrew Holness, President of the InterAmerican Development Bank (IDB), Luis Alberto Moreno, Virgin Group Founder Sir Richard Branson and World Bank Vice President for Latin America and the Caribbean, Jorge Familiar announced the launch of the Caribbean Climate-Smart Accelerator, on August 9.