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Meeting Aid Goals Critical as Private Capital Flows Fall

added: 01-12-2008

The World Bank called on the industrialized nations to keep up their aid flows to developing countries amid the economic downturn, one of the implications of which is an anticipated steep decline in private capital flows to developing countries.

World Bank Calls on Donors to Boost Aid for Developing Countries

added: 28-11-2008

As development experts prepare for the International Conference on Financing for Development in Doha, Qatar, the World Bank is calling on donors to further boost aid as investment in developing countries heads for a "perfect storm."

Australian Capex Slowing

added: 28-11-2008

Further confirmation yesterday that the slowdown in capital spending, especially on mining, is accelerating. Last week figures from ABARE (The Australian Bureau of Agricultural and Resource Economics) on spending on mineral and energy projects fell by around 4% in the six months to September.

Maintaining Aid Commitments in a Global Crisis

added: 27-11-2008

Official Development Assistance (ODA) is rising, but only slowly, according to an OECD report prepared for the conference on Financing for Development in Doha.

Economic Outlook Forecasts Sharp Rise in Unemployment as Recession Takes Hold Across OECD

added: 27-11-2008

The number of unemployed in OECD countries is expected to rise by about 8 million people over the next two years as the most serious recession since the early 1980s takes its toll on economic activity, according to the latest OECD Economic Outlook.

OECD Area GDP Down 0.1% in the Third Quarter of 2008

added: 26-11-2008

Gross domestic product (GDP) in the OECD area declined by 0.1% in the third quarter of 2008, the first fall in seven years, according to preliminary estimates.

US: Boost Stimulus Packages In US and UK

added: 25-11-2008

Major stimulatory packages were outlined on both sides of the Atlantic overnight. They were overshadowed though by the Citigroup bailout, which sparked a solid rebound in markets across the board.

The Leading Index for Australia Declined 0.3 Percent in September 2008

added: 25-11-2008

The Conference Board announced that the leading index for Australia declined 0.3 percent and the coincident index remained unchanged in September.

Australian Economy will Continue to Worsen

added: 25-11-2008

According to the economics teams at three leading investment banks, the Australian economy is slumping right now and will continue to worsen well into 2009 at a rate lower than the forecasts from Treasury and The Reserve Bank.

Global Broadband Subscribers Hit 400 Million

added: 22-11-2008

Global broadband subscribers have now reached the significant milestone of 400 million, according to a report prepared for the Broadband Forum by industry analysts, Point Topic.

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