The Asia-Pacific region is recovering from its worst recession in living memory. Our latest Regional Economic Outlook shows that a recovery started
It's hard to believe that just five years ago, Americans watched in horror as ISIS gained power and territory in the Middle East and radical Islamist terrorists killed 14 Americans on U.S. soil in San Bernardino, California.
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While metal and agricultural commodities have recouped their losses from the COVID-19 pandemic and are expected to make modest gains in 2021, energy prices, despite some recovery, are expected to stabilize below pre-pandemic levels next year, the World Bank said.
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COVID-19 has hit Latin America and the Caribbean harder than other parts of the world, both in human and economic terms. The relatively large human toll is evident: with only 8.2 percent of the world population, the region had 28 percent of cases and 34 percent of deaths, by end-September. Our new Regional Economic Outlook: Western Hemisphere projects
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The Federal Reserve Board on Thursday announced it has fined the Goldman Sachs Group, Inc. $154 million for the firm’s failure to maintain appropriate oversight, internal controls, and risk management with respect to Goldman’s involvement in a far-reaching scheme to defraud a Malaysian state-owned investment and development company, 1Malaysia Development Berhad (1MDB). In 2012 and
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Rapid economic growth in Kazakhstan has brought a sharp upswing in electricity demand and usage. Per-capita gross domestic product (GDP) increased from below US $ 6,000 in the mid-1990s to over US$ 27,000 in 2019 and the country looked on course to meet its mounting resource demands by harnessing the coal resources in the North East. In recent years,
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Strengthening the dynamics of micro, small, and medium-sized enterprises (MSMEs) with innovation and internationalization will be key to revitalizing Southeast Asian economies devastated by the coronavirus disease (COVID-19) pandemic, according to a new report from the Asian Development Bank (ADB). MSMEs are a critical driving force in Southeast Asian economies, accounting for an average of
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Introductory statement by Mr Gabriel Makhlouf, Governor of the Central Bank of Ireland, before the Joint Oireachtas (National Parliament) Committee on Finance, Public Expenditure and Reform, and Taoiseach (Head of Parliament),
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Around 15 per cent of deaths in the Mediterranean are attributable to preventable environmental factors, a new UN Environment Programme (UNEP) report released on Wednesday has revealed.
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Although global trade is making a frail recovery, the outlook remains uncertain, UN trade and development body UNCTAD said on Wednesday, in announcing its latest COVID-era update.
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The UN Secretary-General on Wednesday said he was closely following recent developments across Nigeria, in the wake of reports that protesters had been shot dead and wounded, and called for “an end to reported police brutality and abuses.”
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