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World Bank, IFC Immune from Federal Lawsuits U.S. District Court Rules
When a coal-fired plant in India destroyed the health, livelihoods, and property of farmers and fishermen in the region, they turned to international interest groups for help. Those interest...
American Workers Earn More, Spend More
Personal incomes and spending are on the rise as higher oil prices boost costs and higher employment lifts wages. A new study by the Bureau of Economic Analysis showed...
Yellow Fever Outbreak Worsens in Angola as Economy Stalls
Medical professionals announced a worldwide vaccine shortage as 1,100 Angolans suffer from yellow fever, according to CNN. The disease has spread from Angola to neighboring countries, including China, and...
World Bank: Creating 100,000 Jobs for Displaced Syrian Refugees in Jordan
The conflict in the Middle East has displaced millions, cost the world economy billions, and taken thousands of lives. While most of the solutions to these problems suggested in...
High GDP Growth Emboldens Optimists, But Job Data Remains Weak
A strong increase in America’s Gross Domestic Product supports optimistic forecasts for America’s economy, but weak jobs data indicates Americans are facing less job security than ever. America’s GDP...
The Week in Review: Weak Housing, Manufacturing, Retail Data
Several signs of weak demand in the American economy appeared this week, and the bad news was compounded by an increase in jobless claims. While Americans are buying less...
Belarus President Torn Between the EU and Russia
President Alexander Lukashenko said this week that he does not wish to choose between Russia and the European Union, according to Reuters. Stronger EU ties would benefit the economy,...
Malawi: IMF Aid Resumes after Government Embezzlement Scandal
The International Monetary Fund (IMF) has announced that it will resume a $150 million bailout (or “extended facility programme”) that was suspended last year following the revelation of an...
U.S. Housing Data Remains Weak
A tapped out American middle class is shying away from an increasingly expensive real estate market. Several indicators of weak housing activity are pointing to a pause in the...
Haiti Gets New Prime Minister amid Political Uncertainty
Haiti’s interim president Jocelerme Privert named Enex Jean-Charles as Prime Minister of a country undergoing political turmoil since January, according to AFP. Jean-Charles must submit his proposal for a...