Development risks remain as economic activity, incomes likely to stay low for extended period
Four years ago stories appeared asking whether 2016 was the worst year ever. Well, 2020 has 2016 beat. You would have to go back to 1968 to find a year filled with as much turmoil.
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As 2020 draws to a close, many of us cannot wait for this annus horribilis to end. And for good reason:
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The U.S. economy grew at a record pace in the third quarter, the Commerce Department said Tuesday, though its growth appears to have slowed as the year approaches an end during the country’s worsening coronavirus crisis.
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In a new research report, global index provider FTSE Russell explores the investment impact and opportunity cost of home country bias among Mexican pension funds from 2008 to 2020.
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First financing agreement between the European Investment Bank (EIB) and the Korian group for €55 million
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T-Systems is expanding its collaboration with Amazon Web Services (AWS) to manage the digital transformation of companies more quickly, efficiently and securely. At AWS re:Invent 2020, the companies announced a multi-year Strategic Collaboration Agreement (SCA).
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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).
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The 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).
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The 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.
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