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22 Aug 16
Former French economy minister Arnaud Montebourg has announced his candidacy for next year’s presidential elections, and accused incumbent François Hollande of betraying the “ideals of the left”.
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22 Aug 16
The International Monetary Fund has criticised the government of Suriname for failing to implement necessary fuel and electricity price increases.
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22 Aug 16
An African monetary union is currently unfeasible due to the commodity price crash and external shocks to economies across the continent, a group of central bankers has said.
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22 Aug 16
Thousands of people took to the streets in Chile yesterday to demand that the country’s controversial privatised pension scheme is scrapped.
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19 Aug 16
The World Bank unveiled its new procurement framework in Sri Lanka yesterday, which it said will help countries make the most of their public spending, strengthen national policies and improve...
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19 Aug 16
The European Central Bank has hinted that it could take further measures to boost eurozone growth at its September meeting if the impact of the UK’s Brexit vote weighs on the bloc’s economy.
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19 Aug 16
Nigeria’s oil production is currently 640,000 barrels per day behind the amount needed to fund its record $30bn budget.
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19 Aug 16
The United Nations has made its first public admission of blame for its role in a cholera outbreak that took hold in Haiti following the catastrophic earthquake in 2010, and has since killed around...
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18 Aug 16
South Sudan’s former vice president and rebel leader fled the country amid the most recent surge in violence last month, his aides have confirmed.
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18 Aug 16
Melbourne has been rated the world’s most liveable city for the sixth year running by the Economist’s Global Liveability Ranking 2016.
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18 Aug 16
Many of Zimbabwe’s local councils continue to operate budgets rejected by central government for allocating too much cash to salaries, according to an investigation by the country’s Financial Gazette...
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18 Aug 16
The rate of unemployment in France has fallen below 10% for the first time since 2012.
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17 Aug 16
US municipal bond issuance fell by almost a third last month according to a new trend update released today.
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17 Aug 16
Around 200,000 refugees in Uganda are to have their aid halved as funding shortages and increased arrivals from South Sudan force the aid operation to focus only on those with the greatest need.
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17 Aug 16
Angola has halved its predicted growth figures for 2016 and passed a revised budget after the impact of the commodity price slump on its heavily oil-reliant economy became apparent.
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17 Aug 16
One of the largest emergency vaccination campaigns ever attempted in Africa gets underway this week in a last-ditch effort to halt an outbreak of yellow fever that it’s feared could spread across the...
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16 Aug 16
Public funding for skills development initiatives should be tied to the programme’s labour market outcomes, the director of strategy and operations at the human development practice in the World Bank...
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16 Aug 16
The United Nations secretary general has said it is “high time” for a woman to lead the organisation after its more than 70 years of existence.
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16 Aug 16
A major Ukrainian effort to stem official corruption and thus unlock the next tranche of IMF bailout funds got off to a difficult start after campaigners highlighted systemic loopholes and condemned...
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15 Aug 16
The Ugandan government is to close all schools operated by Bridge International Academies, a large and controversial provider of commercial private schools operating mainly in Africa.
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15 Aug 16
The World Bank is the first entity to receive approval to issue bonds backed by the International Monetary Fund’s special drawing rights reserve asset in China.
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15 Aug 16
The International Monetary Fund has warned China to stem the unsustainable growth of indebtedness across its state-owned firms in its latest check up of the country’s economy, published on Friday.
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12 Aug 16
Uganda has slashed more than 5,500 ‘ghost workers’ from its civil service payroll as the country attempts to crack down on endemic graft.
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12 Aug 16
Two children have been left paralysed by polio in Nigeria’s Borno state, less than a month after the anniversary that marked two years without a case of the disease in the whole country.
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12 Aug 16
The United Nations will help Iraq root out the endemic corruption that has infected the war-torn nation’s economy and institutions, including by improving the training of auditors.