International development
Moody's forecasts contractions in Turkey, Argentina in 2019
Economic growth will decelerate across advanced and emerging market economies, Moody's has said, noting that contractions in Turkey and Argentina, as well as a slowdown in China amid an escalation in trade war, will pull down aggregate G-20 emerging growth in 2019.
UN: Cost of Climate-linked Disasters Soars
The economic cost of climate-related disasters hit $2.25 trillion over the last two decades, an increase of more than 150 percent compared to the previous 20 years, the UN said Wednesday, reports AFP.
The United Nations Office for Disaster Risk Reduction (UNISDR) noted that "climate change is increasing the frequency and severity of extreme weather events" such as floods and storms.
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Global goal to end poverty by 2030 unlikely to be met, World Bank says
The number of people living on less than $1.90 a day has fallen to record low of about 655 million - or 9 percent of the world's population - but a global target of ending extreme poverty by 2030 is unlikely to be met, the World Bank said on Sept. 19.
Experts: Bulgaria is Among the Least Endangered Countries in the Currency Crisis Happening Around the World
Seven emerging economies are at risk of a crisis in the exchange rate. They are Sri Lanka, South Africa, Argentina, Pakistan, Egypt, Turkey and Ukraine, experts from Nomura Holdings, quoted by Bloomberg, said in an interview.
"Quality comes before speed," says EU's enlargement chief
Everybody realizes that the conditions have to be met, that quality comes before speed, that the strategy is not an invitation to do away with conditionality, Hahn, who is in charge of EU's neighborhood policy and enlargement negotiations, told an informal meeting in Sofia, Bulgaria.
The meeting on Friday gathered EU and Western Balkan foreign ministers.
Turkey supports 170 countries with development aid
Turkey provided official development assistance worth $21 billion to 170 countries from 2010 to 2016, according to data from the state development aid agency.
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UN: Bulgaria is in the Group of Developed Economies, But not the Rich
The Bulgarians are fortunate enough to live in the economically developed part of the planet but can not yet skip the threshold and enter the group of the highest income countries in the world where is all the rest of the EU except our neighbors Romania and Croatia.
Post-bailout conditionality in Greece - a proposal
Since the first memorandum of understanding (MoU) between Greece and its creditors in 2010, one word has been the central point of reference: "conditionality." In other words, the conditions attached to the loans from our European partners and the International Monetary Fund are based on a certain logic: money for Greece in order for it not to go bankrupt and cover its current expenditures, as
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SLOVENIA IS THE MOST PROSPEROUS NATION IN EASTERN EUROPE ACCORDING TO LEADING INDEX
The 11th edition of the Index reveals a number of surprising global, regional and national trends in economic and social wellbeing, including an alarming deterioration in global security and a widening gap between the most and least prosperous nations.
USAID to allocate $2mln to civil sector in Serbia - report
The US Agency for International Development (USAID) plans to allocate two million dollars to the civil sector in Serbia, according to a document RT has seen.
The funds have been set aside to, among other things, strengthen the ties between the civil, private sector and the state, Sputnik is reporting.