Over the last 50 years, Africa is estimated to have lost in excess of $1 trillion in illicit financial flows (IFFs). This sum is roughly equivalent to all of the official development assistance (ODA) received by Africa during the same timeframe. Currently, Africa is estimated to be losing more than $50 billion annually in IFFs.
All of the changes in the European Commission reshuffle. Jonathan Faull, the European Union’s top civil servant for financial services regulation, will head up an EU executive “Brexit” taskforce dedicated to the United Kingdom’s referendum on its membership in the bloc.
The Sustainable Development Goals (SDGs) are a universal set of goals, targets and indicators that UN members will use to frame their policies over the next 15 years. If approved at the UN summit in September, they will become globally applicable beginning in January 2016.
Boeing projects a demand for 38,050 new airplanes over the next 20 years, an increase of 3.5 percent from last year's forecast. Boeing released its annual Current Market Outlook (CMO) on June 11th, estimating the total value of those new airplanes at $5.6 trillion.
A new study shows the costs of ‘doing nothing’: the inactivity time bomb is killing 500,000 Europeans, and costing over € 80 billion per year. ISCA (International Sport & Culture Association) is campaignin to get 100 million Europeans to move more by 2020. Read the full report and find out what you can do to help get Europe moving at http://inactivity-time-bomb.nowwemove.com .
France, the UK, Belgium, Spain and Portugal, the countries with the largest colonial empires until the middle of the 20 th century, are spending their Official Development Assistance (ODA) largely in the countries which were their colonies.