The Russian economy contracted in quarter 2 by 8 percent and quarter 3 by 3.4 percent. This negative momentum is expected to continue in quarter 4 amidst the resurgence of the pandemic, according to the World Bank’s latest Russia Economic Report (#44 in the series).
MoreThe European Union and World Bank joint project - Georgia Financial Inclusion and Accountability – in partnership with the National Reforms Support Foundation in Accounting, Reporting and Auditing (RSF), held today a virtual award ceremony for the second Best Annual Report and Transparency Award (BARTA).
MoreThe Government of India and the World Bank today signed a $400 million project to support India’s efforts at providing social assistance to the poor and vulnerable households, severely impacted by the COVID-19 pandemic.
MoreMalaysia’s economy is expected to grow by 6.7 percent in 2021 following a projected contraction of 5.8 percent in 2020 caused by the COVID-19 pandemic, according to the latest edition of the World Bank Malaysia Economic Monitor: Sowing the Seeds launched today.
MoreIndonesia’s economy is slowly recovering during the second half of 2020 aided by the gradual re-opening of the domestic and global economies and massive policy support.
MoreCOVID-19 is not only requiring countries to respond to the way they deliver health services during the immediate crisis, but it will also impact the fiscal space for health around the world for some time to come with a forecast of 5.2% contraction in global GDP in 2020.
MoreCholo Abdi Abdullah Obtained Pilot Training and Researched How to Hijack Aircraft in Order to Conduct a 9/11-Style Attack at the Direction of al Shabaab
MoreThe European Bank for Reconstruction and Development (EBRD) is strengthening small businesses in Tunisia with a €5 million loan to Arab Tunisian Lease (ATL Leasing) to increase access to finance for micro, small and medium-sized enterprises (MSMEs).
MoreThe FBI is offering a reward of up to $5,000 for information leading to the arrest of Torrel Brown.
MoreThe Food and Drug Administration recently granted emergency use authorization to a coronavirus vaccine from Pfizer, and approval for Moderna’s version is anticipated shortly.
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