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  • Women Make Gains On Spanish Boards

    SPAIN, 2016/03/20 Women presently occupy nearly 20 % of board positions for the 35 public companies that make up Spain’s benchmark IBEX 35 index. The 2.5 %-point climb from last year brings Spain additional in line with Europe’s average of just over 21 %. Spain’s gains are even additional notable at the same time as considering that in 2010 women represented less than 11 % of the IBEX 35 board seats. This change is documented by the 4th annual statement on women on IBEX 35 boards of directors, produced by IESE’s International Center for Work and Family (ICWF) and Atrevia.
  • Euro-Mediterranean virtual energy university endorsed

    EGYPT, 2016/01/12 Five North African nations – Algeria, Egypt, Mauritania, Morocco and Tunisia – along with 38 European and Mediterranean states stand to benefit from a new initiative to set up an ‘energy university’ that will provide free, specialised education for energy professionals via an online platform. Senior officials of the 43 member states of the Union for the Mediterranean, or UfM, endorsed the new university during a conference in Barcelona, Spain, that was held next a high-level UfM conference entitled “Towards a Common Development Schedule for the Mediterranean” on 26 November.
  • Cleaning up the E-Waste Recycling Industry

    EGYPT, 2016/01/08 Upon opening a shipment of computers it had received through the International Children's Fund (ICF), a Ghanaian school discovered the equipment sent was 15 years old. Most of the computers needed replacement parts, parts that weren't available anymore. In the end, the school managed to get only a single computer working again. While the ICF had good intentions, a fake charity had handed it a container of what was meant to be workable secondhand material that was actually closer to its end of life--that is, entirely waste. That unfortunate Ghanaian school is only one victim in a long chain of corruption, theft and organized crime that stretches from Brussels to Cape Town.
  • Spain: Coalition conundrum

    SPAIN, 2016/01/04 The results of general elections on 20 December appear to suggest the end of a bipartisan political environment. Mariano Rajoy’s PP (Partido Popular) won 123 seats in the Congress but failed by 53 seats to achieve an absolute majority. As a result, and in order to form a government, the PP needs to form alliances with other parties with congressional seats. The socialist party (PSOE), the other major traditional party, won only 90 seats, the worst electoral result in its history. Part the new political players, the leftist Podemos won 69 seats and the centrist Ciudadanos 40 seats.
  • Spain’s Left-Wing Parties Reject New Rajoy Government

    SPAIN, 2016/01/03 Spain’s two biggest left-wing parties ruled out supporting a government led by the ruling People’s Party (PP) on Monday, complicating Prime Minister Mariano Rajoy’s efforts to build a coalition to remain in power next a tight general election. Parties began staking out positions for what are expected to be weeks of complex talks on forming a government next Rajoy’s centre-right PP won most votes in Sunday’s election but fell well short of the 176 seats needed for a parliamentary majority. Two newcomers – leftist anti-austerity Podemos (“We can”) and the liberal Ciudadanos (“Citizens”) – entered the mainstream for the initial time, ending domination by the PP and Socialists stretching back to any minute at this time next dictator Francisco Franco’s death in 1975. The two parties won scores of seats in parliament, tapping widespread anger over a recently-ended economic slump and high-level corruption in the European Union’s fifth-major economy.
  • Europe in 2016: Terror fears, migration, politics. But economy may turn a corner

    ALBANIA, 2016/01/02
  • Global growth will be disappointing in 2016: IMF's Lagarde

    AFGHANISTAN, 2016/01/02 World economic increase will be disappointing next year and the outlook for the medium-term has as well deteriorated, the chief of the International Monetary Fund said in a guest article for German newspaper Handelsblatt published on Wednesday. IMF Managing Director Christine Lagarde said the prospect of rising interest rates in the United States and an economic slowdown in China were contributing to uncertainty and a higher risk of economic vulnerability worldwide. Added to that, increase in world trade has slowed considerably and a decline in raw material prices is posing problems for economies based on these, while the financial sector in a lot of nations still has weaknesses and financial risks are rising in emerging markets, she said.
  • Spain's housing sales increase by 13.8 pct in Sept.

    SPAIN, 2015/11/24 Spanish housing sales rose by 13.8 % in September at the same time as compared with the same month of a year before, Spain's Statistical Office (INE) reported on Friday. A total of 30,711 operations were registered in September, the INE said, with sales of second-hand houses increasing by 36 % to a total of 24,600 purchases and sales of new houses falling by 31.3 % to 6,111 purchases at the same time as compared with September, 2014. Spanish housing sales have been rising for 13 consecutive months on a year-on-year basis. In the initial nine months of the year housing sales rose by 12.2 %, with sales of new houses decreasing by 35.3 % and sales of second-hand houses rising by 42.9 %.
  • Consortium from Spain signs agreement to build 20 projects in Guinea-Bissau

    SPAIN, 2015/11/22 Spanish consortium “Ribert Investment & Business Trust/Indico PLC” will soon start construction of 801 low-cost houses in a suburb of Bissau, the capital of Guinea-Bissau, announced Roberto Mondejar, head of the business group. The construction of social housing is one of 20 projects that the consortium intends to run in Guinea-Bissau, under an agreement signed between the Government of Guinea-Bissau and Roberto Mondejar, who heads the group of Spanish businessmen who on Wednesday began a four-day visit to the country.
  • CNR , Med region economies 11th edition, ten years seem like a hundred

    CYPRUS, 2015/11/21