Council calls Western Balkans Countries for enhanced Cooperation in Migration and Security
The Council today adopted conclusions on enhancing cooperation with Western Balkans partners in the field of migration and security. The conclusions call for continued support to the Western Balkans…
IMF Managing Director: 170 Countries will finish this Year with a smaller Economy
"One hundred and seventy countries are going to finish this year with a smaller economy than at the start of the year, and we already project that there will…
European Investment Bank will invest 11 Million Euros to improve Wastewater Management in Kosovo
The European Investment Bank (EIB) will invest €11 million to improve wastewater management and provide affordable access to water and wastewater services for more than 90 000 people in the…
Eight Indications of an Industrial Air Compressor Failure
Meta Description: An air compressor is a vital piece of equipment on most job sites. When issues with your compressor occur, it can be tricky to know what…
Why Child Labour cannot be forgotten during COVID-19
In just a matter of weeks, the COVID-19 outbreak has already had drastic consequences for children. Their access to education, food, and health services has been dramatically affected across the globe.…
COVID-19 and CBD Oil: Prevented by Improving Resistance
During this horrifying pandemic, every marijuana user is wondering if they could possibly cure or prevent COVID-19 with cannabis. One can’t help but wonder if it could also…
We are witnessing Real-world Political Economy dynamics Unfolding
Five months ago we set out to write in this issue of Finance & Development about political economy—how politics affects the economy and the economy affects politics. Few suspected…
Institute for Research of Genocide Canada comments on Australia’s University Removal of Genocide in Lectures
The Academic Center for War Crimes Research, Victoria University of Australia, has removed scientific research and judicial evidence regarding the genocide in Bosnia and Herzegovina following pressure from an…
IMF Executive Board Approves Medium-Term Budget
On April 27, 2020, the Executive Board of the International Monetary Fund (IMF) approved the IMF’s administrative and capital budgets for financial year (FY) 2021, beginning May 1, 2020,…
Ernest Petric elected to the Venice Commission of Council of Europe
The Government of the Republic of Slovenia has appointed the former President of the Constitutional Court of the Republic of Slovenia Prof. Dr. Ernest Petrič as a new member…
COVID-19 Technology Access Pool Initiative launched, aimed at making Vaccines
Thirty countries and multiple international partners and institutions have signed up to support the COVID-19 Technology Access Pool (C-TAP) an initiative aimed at making vaccines, tests, treatments and other…
Most Countries have limited Room to counter the Economic Impact of the Pandemic
Shrinking global demand is also affecting the islands dependent on commodity and other exports—particularly those depending on oil and gas for revenue. And supply chain disruptions—including in the fisheries…
Mechanism confirmed Death of Augustin Bizimana, Leader of Genocide in Rwanda
The Mechanism Office of the Prosecutor confirms today the death of Augustin Bizimana, one of the major fugitives alleged to have been a senior leader of the 1994 genocide…
World Health Organization will help Partners to deliver “triple billion” Goals
The World Health Organization (WHO) welcomes the creation of the WHO Foundation, an independent grant-making entity, that will support the Organization’s efforts to address the most pressing global health…
Countries are still falling short in Protecting Parents from misleading Information on COVID-19
A new report by WHO, UNICEF, and the International Baby Food Action Network (IBFAN) reveals that despite efforts to stop the harmful promotion of breast-milk substitutes, countries are still…
FIFA, WHO launched Campaign to support Women and Children at Risk of domestic Violence
FIFA, WHO, and the European Commission have joined forces, to launch the #SafeHome campaign to support women and children at risk of domestic violence. The campaign is a joint…
Less than 17% of the Population in the Western Balkans does not use Internet
“Still unpublished latest edition of the RCC’s annual public and business survey for the Wester Balkans - Balkan Barometer 2020 shows that, as expected, internet was extensively used for…
Montenegro second Country in Europe to be free of active Coronavirus Cases
Last night, Montenegro became the second country in Europe to officially report they are free of active COVID-19 cases. Montenegro has now joined the Faroe Islandsas the only two…
Crisis Response is complicated by Complex Political Economy in Bosnia and Herzegovina
The emerging economies of southeastern Europe that are not part of the European Union, where incomes are lower, and social safety nets less developed, are particularly vulnerable to…
Over 100 Countries have reached out to the IMF for Help
Over 100 countries have reached out to the IMF for help to fight the pandemic—from Afghanistan to Nigeria to Haiti—with 50+ requests swiftly approved for a total of about US$18b.…
Millions of Children at risk of Diseases like Diphtheria, Measles and Polio amid COVID-19 Pandemic
COVID 19 is disrupting life-saving immunization services around the world, putting millions of children – in rich and poor countries alike – at risk of diseases like diphtheria, measles…
COVID-19 Pandemic Today reached a milestone in Africa with 100,000 Cases
The COVID-19 pandemic today reached a milestone in Africa, with more than 100 000 confirmed cases. The virus has now spread to every country in the continent since the first…
Smithsonian Science Education Center Launches New COVID-19 Guide for Youth
The Smithsonian Science Education Center, in collaboration with the World Health Organization (WHO) and the InterAcademy Partnership (IAP)—a partnership of 140 national academies of science, engineering and medicine—has developed…
Mechanism Prosecutor confirms the Death of fugitive Augustin Bizimana
The Mechanism Office of the Prosecutor confirms today the death of Augustin Bizimana, one of the major fugitives alleged to have been a senior leader of the 1994 genocide…
EU is engaged in the preservation of the Diversity of Cultural Expressions
On World Day for Cultural Diversity for Dialogue and Development, we celebrate cultural diversity in the European Union and underline its importance in fostering dialogue and respect between people…
EBRD and Partners launch SME equity Research Programme
The European Bank for Reconstruction and Development (EBRD) is launching a dedicated research programme in support of the development of small and medium-sized enterprises (SMEs) in selected countries where…
One of the World’s most wanted Fugitives Félicien Kabuga arrested
Félicien Kabuga – one of the world’s most wanted fugitives who is alleged to have been a leading figure in the 1994 genocide against the Tutsi in Rwanda –…
Representatives of the Central Banks of the Western Balkans and Turkey met for Annual Dialogue
Representatives of the EU Member States, the Western Balkans and Turkey, the European Commission and the European Central Bank, as well as representatives of the central banks of the…
COVID-19 has pushed many Countries into Deep Recessions
The world is in the grip of the COVID-19 pandemic, and the ensuing Great Lockdown, has pushed many countries into deep recessions—worse than during the 2008–09 global financial crisis.…
IMF Managing Director: Outlook is worse than our already Pessimistic Projection
“With the crisis still spreading, the outlook is worse than our already pessimistic projection. Without medical solutions on a global scale, for many economies a more adverse development…
Montenegro: Have health order “mass violations” jeopardised the country’s coronavirus recovery?
Montenegro could be one of the first countries in Europe to become free of active coronavirus cases, but mass breaches of public health orders earlier in the week may…
European States must do more to address the Challenges faced by young LGBTI Persons
European states must do more to address the specific challenges faced by young LGBTI persons, especially in times of crisis, said Council of Europe Secretary General Marija Pejčinović Burić…
COVID-19 Pandemic is highlighting the need to urgently increase Investment in Services for Mental Health
The COVID-19 pandemic is highlighting the need to urgently increase investment in services for mental health or risk a massive increase in mental health conditions in the coming months,…
The need to control the Pandemic in the whole World is urgent
The Director of the Pan American Health Organization, Carissa F. Etienne, called on countries to address health, social and economic emergencies, saying she is “deeply concerned” by the…
People living longer and healthier lives but COVID-19 threatens to throw progress off track
All over the world, the COVID-19 pandemic is causing significant loss of life, disrupting livelihoods, and threatening the recent advances in health and progress towards global development goals…
Smallpox Eradication also offers hope for efforts to eliminate other Infectious Diseases
On 8 May 1980, the 33rd World Health Assembly officially declared: ‘The world and all its peoples have won freedom from smallpox.’ The declaration marked the end of…
Fontelles: 70th anniversary of the Schuman Declaration offers a Chance to reflect on what European Integration means
On 9 May, we mark Europe Day. The 70th anniversary of the Schuman Declaration offers a chance to reflect on what European integration means and on the EU’s…
Faroe Islands: First Place in Europe to Have No More Active Coronavirus Cases
As of this morning, the Faroe Islands in the Northeast Atlantic, is the first place in Europe to confirm there are no more active cases of COVID-19. The Faroe…
ROMACTED Programme has mobilised significant Financial and Human Resources in the Western Balkans
Following the outbreak of the pandemic virus, the ROMACTED Programme has mobilised significant financial and human resources in the participating municipalities to adequately respond to the crisis and to…
UK Political Coordinator the UN: We’ve been pleased to see the Problems of Blockages in Bosnia and Herzegovina can be overcome
"As the High Representative makes clear, Bosnia and Herzegovina, like nearly every other country, is battling the COVID-19 pandemic. We have been impressed with the discipline and solidarity shown…
WHO: Up to 190 000 people could die of COVID-19 in Africa if not controlled
Eighty-three thousand to 190 000 people in Africa could die of COVID-19 and 29 million to 44 million could get infected in the first year of the pandemic…
EBRD boosting Finance and Reform Support to help Western Balkans fight Coronavirus
The European Bank for Reconstruction and Development (EBRD) is planning a sharp rise in financing for the Western Balkans this year and has stepped up support for reforms to…
EU reaffirms the need to pay Special Attention to the growing Impact of the Pandemic on all Human Rights
The coronavirus pandemic impacts every country and region of the world and every aspect of our lives. It has reminded us how interconnected we are. Nobody will be safe…
Connectedness of the Dutch Economy Leads to Lower GDP Growth Forecast
The GDP growth forecasts for the Netherlands issued by the IMF in its April 2020 World Economic Outlook (WEO) surprised many, not only for the large negative 2020 number itself, but…
The Commission registered 7.4 Billion Euros for universal Deployment of Treatments and Caccines against Coronavirus
Today, the Commission registered €7.4 billion, equivalent to $8 billion, in pledges from donors worldwide during the Coronavirus Global Response pledging event. This includes a pledge of €1.4 billion…
WHO welcomes Innovations around the World including repurposing Drugs for COVID-19
The World Health Organization (WHO) welcomes innovations around the world including repurposing drugs, traditional medicines and developing new therapies in the search for potential treatments for COVID-19. WHO recognizes…
International Monetary Fund has 1 Trillion US Dollars lending Capacity
Exceptional times call for exceptional action. In many ways, there has been a ‘response like no other’ from the IMF’s membership. Governments all over the world have taken unprecedented…
OSCE Media Freedom Representative calls on States to let Journalists work freely without Fear
In a video message published on the occasion of World Press Freedom Day, the OSCE Representative on Freedom of the Media, Harlem Désir, called on participating States throughout the…
Seven confirmed Cases of COVID-19 in the South of Yemen
To date, there are seven confirmed cases of COVID-19 in the south of Yemen, including two deaths, as declared by national authorities. No other cases have been officially reported…
Borrell: Essential Role of Journalism in upholding Freedom of Expression in Democratic Societies
On World Press Freedom Day, we pay tribute to the essential role of journalism in upholding online and offline freedom of expression in democratic societies and fostering transparency…
