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IMF Considers Lending Money to Moldova: Talks Ongoing
Moldovan officials have asked the IMF for loan assistance, but the international body is reviewing the Eastern European nation’s broken financial system before approval, according to Radio Free Europe....
OECD Warning: African Urbanization May Not Yet Be Sustainable
The Organization for Economic Cooperation and Development (OECD) published its most recent African Economic Outlook today. In it, the OECD warned that although Africa has been urbanizing at an...
Warnings of Brexit Risks Overwhelm British Voters
In a plea to British voters to vote to stay in the group, many world leaders are citing the risks of Britain leaving the European Union. Most recently, Bank...
Chilean Presidential Address Plagued with Violent Protests
President Michelle Bachelet’s state-of-the-union speech was interrupted over the weekend as protesters tossed bombs and damaged property, according to BBC. The public is in an uproar over the government’s...
World Bank Gets into Insurance Business to Combat Global Pandemics
Diseases such as Ebola, Zika, and AIDS have long sent shivers down the spines of people around the world thanks to their virulence and capacity for contamination. Many popular...
OECD Urges Sweden to Review its Refugee Integration Process
Sweden is renowned for its incredible social system. This has drawn record numbers of refugees seeking asylum to the Scandinavian nation. In 2015, 163,000 people applied for asylum in...
Mozambique Looks to China for Financial Assistance
President Filipe Nyusi is pivoting to China for financial aid after rejection from the European Union, according to Deutsche Welle. Nyusi contends with a stagnant economy suffering from low...
The Week in Review: The Fed Fights the Market
The Federal Reserve dominated economic news this week, as the central bank prepared America for higher borrowing costs. Citing economic strength despite just 0.5% GDP growth in the first...
World Bank May Vote to Lift Punitive Ban on Funding to Cambodia
Five years ago, the World Bank decided to freeze lending to Cambodia in protest of the government’s practice of forced evictions for public projects. The World Bank may vote...
Violence Grows Unsustainable in El Salvador: Mass Exodus Follows
Many Salvadorians are fleeing the country in droves as gang violence spins out of control, according to Reuters. El Salvador has over 70,000 gangs that regularly engage in turf...