Breaking News

World News

World Bank Forecasts Commodity Prices Hike in 2018

WASHINGTON (ABC Live): Commodity Prices  :  Oil prices are forecast to rise to $56 a barrel in 2018 from $53 this year as a result of steadily growing demand, agreed production cuts among oil exporters and stabilizing U.S. shale oil production, while the surge in metals prices is expected to level off next year, the World Bank said on Thursday. …

Read More »

World Bank Confirms Russian Economy Recovery in 2017

Moscow (ABC Live):Russian Economy :The Russian economy has returned to modest growth – amidst positive global growth, a recovery in trade, rising oil prices, and growing macroeconomic stability – according to the World Bank’s latest Russia Economic Report (no. 38 in the series), launched today in Moscow. These shoots have allowed consumer demand and consumption to rise, as the business environment improved, …

Read More »

IAEA Clears Leningrad Nuclear Plant Safety Norms

Moscow (ABC Live): Leningrad Nuclear Plant Safety Norms  : An International Atomic Energy Agency (IAEA) team of experts said the operator of the Russian Federation’s Leningrad Nuclear Power Plant (NPP) has demonstrated a commitment to safety and is taking many improvement initiatives. The team also identified areas for additional improvement. The Operational Safety Review Team (OSART) concluded a 17-day mission today …

Read More »

WMO Joins ICAO to Watch Mount Agung Volcano

New Delhi (ABC Live): Mount Agung Volcano : Volcanic activity at Mount Agung in Bali, Indonesia, and potential risks to air transport from volcanic ash is being closely monitored by an international network including WMO. Indonesian authorities have been closely watching Mt Agung for weeks. On Monday the National Board for Disaster Management raised the alert level to level 4 …

Read More »

Least Developed Countries Need New Energy Access

Geneva (ABC Live): Least Developed Countries :Expanding access to adequate, reliable and affordable sources of modern energy is essential if the world’s poorest nations are to escape the poverty trap, says The Least Developed Countries Report 2017: Transformational Energy Access of UNCTAD. According to the report, published today, the world’s 47 least developed countries1 (LDCs) are falling far behind the rest of the developing …

Read More »

India Hosts FIGI Digital Banking Access Symposium

Bangalore (ABC Live):FIGI Digital Banking Access Symposium : Innovation to expand digital financial inclusion in developing countries will be in focus at the first Financial Inclusion Global Initiative (FIGI) Symposium in Bangalore, India, 29 November to 1 December 2017. Thought leaders in financial inclusion will convene in Bangalore to share insight into the latest developments in ‘mobile money’ market dynamics and …

Read More »

IMO Outlines New Era Challenges Climate Changes

London (ABC Live): IMO : Assembly, 30th session, 27 November to 6 December 2017: Climate change, digital disruption and sustainable development among key areas as IMO moves into new era. The Secretary-General of the International Maritime Organization (IMO), Mr. Kitack Lim, has urged Member States to seize the opportunity to set bold and ambitious goals, when they adopt an initial …

Read More »

Seven Questions on the Globalization of Farmland

Washington, D.C (ABC Live): Globalization of Farmland : A IMF working paper, entitled “The Globalization of Farmland: Theoretical and Empirical Evidence,” co-authored by Rabah Arezki, Christian Bogmans, and Harris Selod, analyzes the drivers behind the surge in transnational acquisitions of farmland in the aftermath of the Great Recession. The paper finds, for the first time, statistical evidence that land deals were …

Read More »

ILO Releases World Social Protection Report 2017–19

Geneva (ABC Live): World Social Protection Report 2017–19: International Labour Organization released its World Social Protection Report 2017–19 today in Geneva. Universal social protection is essential for realizing the human right to social security for all, advancing social justice and promoting inclusive growth, and accelerating progress towards achieving the globally agreed 2030 Agenda for Sustainable Development and its Sustainable Development …

Read More »

IAEA Internet Reactor Laboratory Expands to Asia,Pacific

Vienna (ABC Live): IAEA Internet Reactor Laboratory : An agreement signed today in Vienna will strengthen IAEA’s efforts to offer training on the use of research reactors to students in Asia and the Pacific who do not have access to a facility in their own country. Under the agreement, the Research and Education Center of the Kyung Hee University in …

Read More »