World Bank

LSE director: Don’t write globalization off just yet

Dame Minouche Shafik is one of the world's most distinguished academics. Born in Alexandria, Egypt, in 1962, Shafik went on to study at Amherst College, Massachusetts, the London School of Economics and St Antony's College, Oxford, and has since worked for some of the most prestigious global institutions.

Cyprus peace deal would see economy, incomes grow

A so-far elusive deal to reunite Cyprus would mean more money in pockets on both sides of the ethnically divided island, a World Bank and UN-funded report said Monday.
Presenting the study's results, authors Enrique Aldaz-Carroll and Reena Badiani-Magnusson said a peace accord could boost the incomes of Greek Cypriots and Turkish Cypriots by 7 percent within a decade.

Over 10,000 young people chose to leave Romania permanently in 2018 (INACO analysis)

More than 10,000 young people aged between 15 and 34 left Romania permanently in 2018, most of them from Bucharest, reveal findings of a recent analysis carried out by INACO - the Competitiveness Initiative. The research published on Monday shows that seasonal travels for studies, work, etc.

Damages from the Devastating Earthquake in Albania Amount to Nearly EUR 1 Billion

The damage caused by the devastating earthquake that struck Albania on the morning of November 26 last year was estimated at more than EUR 985 million. The figure was announced by Agriculture Minister Bledi Çuçi in his latest damage assessment report on January 30, BGNES reported.

China Bans Plastic Bags and Straws

China will ban non-degradable plastic bags in big cities. The restaurant industry will also be banned from using single-use straws by the end of this year in an effort to reduce waste.

The country is one of the largest plastic consumers in the world, and the plan aims to reduce 30% non-degradable single-use packaging in large cities' food establishments within 5 years.

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