Finance & Economics | WPN World People News

An International Monetary Fund (IMF) mission, led by Mr. Joseph Thornton, visited Maseru from August 23 to September 5, 2018 to discuss the authorities’ economic and financial program and possible financial support by the IMF.

Finland should offer labour-market-oriented integration support to all migrants, strengthen efforts to identify and address early vulnerabilities, and work more closely with employers according to a new OECD report.

Guglielmo Picchi, Italian Deputy Minister for Foreign Affairs and International Co-operation, gives keynote speech at the opening of the Economic and Environmental Forum in Prague, 5 September 2018.

On June 18, 2018, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Dominica.

On September 18, 2017, category 5 Hurricane Maria hit Dominica while the country was still recovering from tropical storm Erika. Maria was Dominica’s worst natural disaster with damage estimated at US$1.3 billion (226 percent of GDP). Most economic sectors sustained significant damage and losses, with public infrastructure carrying the brunt.

International connectivity through trade, investment, migration, communications, and transport is critical to economic development in Europe and Central Asia. These connections work together to help firms become more productive through knowledge and technology transfers, says a new World Bank report, Critical Connections: Promoting Economic Growth and Resilience in Europe and Central Asia.

Bryan Riley, director of the National Taxpayers Union’s Free Trade Initiative, testified on Sep 05 before the Senate Committee on Health, Education, Labor and Pensions during their hearing on "The Impact of Zero Tariffs on U.S. Autoworkers." The hearing was held to determine the impacts of steel and aluminum tariffs on the American labor force and largely focused on the uncertainty stemming from the Trump Administration's approach to trade policy.

“Workers today should not have to pay the price to enjoy their right to work. Severe exploitation should be rooted out,” says FRA Director Michael O’Flaherty. “Labour inspections play a vital role in spotting abuse. For this, Member States need to strengthen inspections to catch exploitative employers and better protect workers.”

Armenia should take vigorous measures to tackle entrenched corruption and widespread conflict of interest, according to a new OECD report.

Minister of State for Trade and Export Promotion Baroness Fairhead opened Barclays’ new trade centre on Monday 3rd September, dedicated to helping over 1000 UK businesses to export more of their goods and services each year.