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USAID: Science and Engineering Diaspora Networks – Communities Mobilizing to Solve Global Development Challenges

In a research lab at the University of Buffalo (UB), New York, scientist Sarbajit Banerjee and his colleagues have honed in on a confounding problem – how to efficiently cool homes in hot climates. These researchers are testing the potential

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Global Interconnections and Spillovers

Extracts from a Speech By Christine Lagarde, Managing Director, International Monetary Fund U.S. Chamber of Commerce, September 19, 2013 I. The Global Economy Today I recently returned from the G-20 Summit in St. Petersburg—where I know that the Chamber was

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The Swiss Banks: Handing Over Data

The tax row with the United States is raising a feeling of uncertainty among cantonal banks, as well as adding a greater administrative burden, even for banks that are not directly concerned, a swissinfo.ch survey of all 24 institutions has

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UN calls for China and the US to Encourage Sustainable Development

Secretary-General Ban Ki-moon has  appealed to Chinese and United States-based companies to boost their efforts to achieve sustainable development and prosperity through partnerships, stressing their impact in developing countries. “US and Chinese companies can and must ensure that business activity

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Revenue Watch: 4 out of 5 Companies Fail in Good Governance

The Resource Governance Index (RGI) measures the quality of governance in the oil, gas and mining sector of 58 countries. From highly ranked countries like Norway, the United Kingdom and Brazil to lowranking countries like Qatar, Turkmenistan and Myanmar, the

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SABIC’s Collaboration with MIT

The Saudi Basic Industries Corporation (SABIC) has signed an initial agreement with Massachusetts Institute of Technology (MIT) in the United States, a world leader in scientific research. The agreement paves the way for SABIC and MIT to work together to

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IMF on Global Financial Security: Old Risks, New Risks

The global financial system is far more stable than it was six months ago, but a number of challenges remain. The International Monetary Fund’s latest Global Financial Stability Report says that recent rallies in financial markets will not be sustained,

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Global FDI Recovery Stalls in 2012

Macroeconomic fragility and policy uncertainty for investors has led to an 18 per cent decline in global foreign direct investment (FDI) inflows last year, to an estimated $1.3 trillion, the United Nations said in a new report released on January

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UN Downgrades Economic Forecasts for 2013/14

World economic growth has weakened considerably during 2012 and is expected to remain subdued in the coming two years, according to a United Nations report in late December, which calls for policy changes to spur growth and tackle the jobs

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WTO: The Changing Nature of Global Trade

By DG Pascal Lamy Although global supply chains have been with us for several decades, their increasing prominence is rapidly changing the landscape of international trade in ways which will require fresh thinking about how trade affects national economies and

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