‘Rapid deterioration’ in global investment flows as Coronavirus spreads
Foreign direct investment flows are liable to
drop by 30 to 40 per cent
during 2020, into next year, due to the ongoing COVID-19 pandemic,
reflecting a far more...
A sustainable global economy must arise once COVID-19 pandemic is reversed
World leaders at the G-20 virtual summit held on
Thursday committed to inject over $5 trillion into the global economy to
counteract the impacts of the...
Mongolia Poverty Update: Report
The National Statistics Office
of Mongolia (NSO) and the World Bank today launched a new joint poverty report,
Mongolia Poverty Update, which draws on the 2018...
Coronavirus: Commission boosts budget for repatriation flights and rescEU stockpile
European Commission has proposed to make €75 million
from the EU budget available to help Member States repatriate EU nationals and
to increase the budget of...
Celebrate your love for the ocean, virtually
Remote diving is the new remote working.
Schools, events and activities in so much of the world
have come to a standstill in the wake of...
IEA support Luxembourg’s ambitious energy transition goals
Luxembourg is targeting a
sharp reduction in emissions by 2030, but new measures are needed to boost
investment in renewables and energy efficiency, new IEA report...
G-20 summit provides chance to rally strongly against coronavirus threat
The COVID-19 crisis presents an "extraordinary
opportunity" for the world’s leading economic forum to respond
to the numerous threats the disease poses to people everywhere, the UN
Secretary-General has...
Commission issues guidelines to protect critical European assets and technology in current crisis
European Commission today issued guidelines to ensure a strong EU-wide approach to foreign
investment screening in a time of public health crisis and related economic
vulnerability. The...
China: Developing Green Finance in Agriculture
The World Bank’s Board of Executive Directors
today approved a loan of Euro 267.2 million (US$300 million equivalent) for
China to foster green agriculture investments, development...
Harmonizing and Improving Statistics in West Africa
The Board of the World Bank Group has allocated
today a total of $379 million in International Development Association (IDA)*
credits and grants to help harmonize...