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7 Dec 15
A draft agreement on curbing carbon emissions has been agreed at the international COP21 talks, negotiators have revealed, raising the prospect of a global deal to tackle climate change by the end...
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4 Dec 15
More people are in need of humanitarian assistance than at any time since the Second World War, with women and girls disproportionately vulnerable, according to the United Nations Population Fund (...
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4 Dec 15
Three more African countries have signed up to the UK’s Energy Africa campaign, which aims to improve household access to power across the continent by expanding the use of solar power.
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4 Dec 15
Switzerland’s EFG Bank is to pay a penalty of $29m to the US Department of Justice to avoid prosecution for helping its American account holders evade taxes.
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3 Dec 15
Eight major global development banks have made a joint commitment to mitigate transport emissions and ensure networks are resilient to climate change.
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3 Dec 15
Corporate tax revenues have been falling across OECD countries and individuals are being left to foot the bill, the economic think-tank has found.
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3 Dec 15
Colombia is to implement a programme to strengthen its fiscal controls after agreeing a $30m support package from the Inter-American Development Bank.
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3 Dec 15
The European Commission has announced a €125m aid package for countries affected by the climate phenomenon El Niño.
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3 Dec 15
Multilateral development banks (MDBs) need to be more “nimble and flexible” in order to help countries meet the new Sustainable Development Goals, the president of the European Bank for...
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3 Dec 15
The European Commission is to investigate a suspected ‘sweetheart’ tax deal between Luxembourg and the fast-food multinational.
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2 Dec 15
The former president of a defence contractor has been sentenced to 12 months in prison for his role in providing $1.2m in bribe payments to US army contracting personnel.
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2 Dec 15
The World Bank is to enter into a new five-year country partnership with Indonesia, expected to deliver a total of $10bn for infrastructure and poverty-reduction schemes.
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2 Dec 15
Africa is on the brink of a major housing crisis unless it can carve a targeted approach to housing, lending and land policies, the World Bank has warned.
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2 Dec 15
A third of those who have drowned trying to cross the Aegean Sea this year were children, and the number of children applying for asylum in the European Union has doubled, Unicef has said.
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2 Dec 15
The African Development Bank has reached a settlement with Japanese firm Hitachi after two of its subsidiaries were alleged to have paid bribes to win contracts for work on an AfDB-funded project.
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2 Dec 15
The European Union is to devote more than half a billion euros to managing the Syrian refugee crisis and supporting the Middle Eastern countries where many have fled.
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2 Dec 15
Reforms to pension systems within OECD countries risk creating poverty amongst future pensioners, the OECD has warned.
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2 Dec 15
Two regional development banks have made substantial funding announcements for Latin American countries for projects including green energy bonds.
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1 Dec 15
The majority of Africans think corruption has risen in the past year and that their governments are failing to prevent abuses of power, bribery and secret deals, Transparency International has found...
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1 Dec 15
The opening day of the COP21 climate conference in Paris saw a slew of high-profile speeches and significant announcements including the launch of an international solar alliance and pledges to...
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1 Dec 15
The International Monetary Fund is to include the Chinese renminbi in the currency basket that determines the value of the body’s Special Drawing Rights reserve asset.
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1 Dec 15
The World Health Organisation and anti-poverty campaigners are calling on the international community to redouble its efforts if it wants to win the fight against AIDS.
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1 Dec 15
A group of multilateral development banks have pledged to substantially increase their climate funding to support the outcomes of climate talks that began in Paris this week.
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1 Dec 15
Delegates at a conference in Côte d’Ivoire have called for state fragility to be systematically integrated into infrastructure investments in Africa and for a renewed push for greener,...
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1 Dec 15
The global average surface temperature in 2015 is likely to surpass the symbolic milestone of 1°C above the pre-industrial era, according to the World Meteorological Organisation.