Mobile: The New Driver of Economy

The evolution of mobile phones has enabled people to connect, interact and consume information from the remotest corners of the world. It has had a positive impact on communication, social inclusion, economic development and productivity through the use of the latest technologies such as 3G, 4G, LTE and VoIP. Read more [...]

A Critical New Role for the World Bank

A federal trial in Brooklyn is focusing anew on illicit money flows. Until now, federal crackdowns have targeted European banks that laundered dirty money into dollars for drug cartels and for sanctioned countries, like Iran. The Brooklyn case involves a bank headquartered in Jordan, called Arab Bank, which plaintiffs say handled transactions for people or organizations it knew were linked to terrorist attacks from 2001 to 2004. Read more [...]

World Bank forums see youth as global changemakers

An international group of young professionals, entrepreneurs, social activists, and student leaders showcased the role of youth in global development through forums at the World Bank forums on youth service and entrepreneurship. Read more [...]

Ebola outbreak will affect International Trade in West Africa

The Chief Executive Officer, Nigeria Export Promotion Council, Mr Segun Awolowo, has raised the alarm that international trade in West Africa countries will seriously be affected due to the outbreak of the deadly Ebola virus which has killed over 1,000 persons in Guinea, Liberia, Serra Leone and Nigeria. Read more [...]

McDonald’s & Wal-Mart Show Trouble In The Global Economy

The United States recently saw a strong advance second-quarter gross domestic product (GDP) growth reading that pointed to relatively strong economic growth. But there are other signs that suggest otherwise. A pretty decent barometer on the global economy is consumer spending in restaurants, especially with fast foods. Read more [...]