Economy

Forbes Kicks Against IMF’s Rating Of Nigeria’s Economy

Forbes Kicks Against IMF’s Rating Of Nigeria’s Economy   Forbes has disagreed with the International Monetary Find (IMF) over Nigeria’s economic growth in 2018 and projections for 2019. Whilst Forbes sees Nigeria’s economy as the most performing in Africa in 2018, with good prospects for 2019, IMF reports a sluggish growth and perhaps a stunted […]

<div>S&Ds successfully push for raising the EU climate target for 2030 to 55% goal</div>

Today, Socialists and Democrats led a cross-party majority in the environment committee in favour of a more ambitious goal for the EU in greenhouse gas emissions reductions.  The adopted resolution on the UN climate summit in December, co-drafted by S&D MEP Jo Leinen, calls for an increase of the EU’s 2030 climate target from current 40% to 55% and for a net zero carbon economy in the Union by 2050. The resolution will be put to the vote for the entire European Parliament during the upcoming plenary session in Strasbourg.

Experts Express Optimism On Nigeria’s Economy

Experts Express Optimism On Nigeria’s Economy   Some financial experts, on Tuesday, say the Nigerian economy is faring well despite the drop in the foreign reserve, attributing this to some economic policy failures. The experts made this observation in separate interviews with the News Agency of Nigeria (NAN) in Ibadan. Mr Raji Rasaki, a financial […]

<div>S&Ds: We took a crucial step towards a sustainable future by making single-use plastic items a waste of the past</div>

Socialists and Democrats in the European Parliament are once again the frontrunner in the crucial battle for a swift and sustainable transition to a circular economy. Today, we have led the Committee on Environment, Public Health and Food Safety to approve the report on the single-use plastic.

INTERNATIONAL COMPARISON: Industrialized countries losing ground in terms of democracy and good governance

Globalization, social inequality and climate protection – given the enormous challenges facing OECD and EU countries, more vigorous reforms should be expected. Yet as the sobering findings of a recent international study by the Bertelsmann Stiftung on the quality of governance show, eroding standards of democracy and growing political polarization are hampering the implementation of sustainable reforms.