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The FINANCIAL -- The International Monetary Fund (IMF) and the Arab Monetary Fund (AMF) have pledged to enhance cooperation to respond more effectively to the needs of their common membership in a Memorandum of Understanding (MOU) signed on April 19 in Washington by Ms. Christine Lagarde, IMF Managing Director, and Dr. Abdulrahman Al Hamidy, Director General and Chairman of the AMF.
The FINANCIAL -- The Japanese government stuck to its view that the economy is on a moderate recovery path, helped by an improvement in corporate profits, in its monthly economic report for April, according to Nasdaq.
The FINANCIAL -- The Transatlantic Trade and Investment Partnership (TTIP) has significant potential for small and medium sized enterprises, according to a report released in Brussels on April 20.
The FINANCIAL -- Freddie Mac on April 16 released the results of its Primary Mortgage Market Survey, showing average fixed mortgage rates moving largely unchanged amid a light week of economic releases and remaining near their 2015 lows.
The FINANCIAL -- Partner Exchanges of the Sustainable Stock Exchanges (SSE) initiative have begun publishing a Communication to Stakeholders to engage capital market participants in a dialogue on responsible investment and sustainable business practices. The Communication explains each exchange’s approach to promoting sustainability among investors and companies. These are the first such disclosures done by exchanges through the SSE.
The FINANCIAL -- Eli Lilly and Company and Bristol-Myers Squibb Company on April 16 announced that the companies have agreed to transfer rights to Erbitux (cetuximab) in North America, including the U.S., Canada, and Puerto Rico, from Bristol-Myers Squibb to Lilly. Rights include, but are not limited to, full commercialization and manufacturing operational responsibilities.
The FINANCIAL -- Sandoz, a Novartis company, on April 16 announced the US approval of GlatopaTM, the first generic version of Teva's Copaxone (glatiramer acetate injection) 20 mg/ml one-time-daily multiple sclerosis therapy.
The FINANCIAL -- Center for iPS Cell Research Application (CiRA) of Kyoto University and Takeda Pharmaceutical Company Limited (Takeda) announced on April 17 that they will work together to develop clinical applications of induced pluripotent stem cells in areas such as heart failure, diabetes mellitus, neurological disorders and cancer immunotherapy.
The FINANCIAL -- AstraZeneca on April 17 announced that the US Food and Drug Administration has granted Orphan Drug Designation for the MEK inhibitor selumetinib, for the treatment of uveal melanoma.
The FINANCIAL -- As of April 1, 2015, agricultural enterprises (excluding small-scale ones), and grain storage and processing enterprises of Ukraine stocked 16.2 mln tonnes of grains (including 5.3 mln tonnes of wheat, 1.2 mln tonnes of barley, 8.9 mln tonnes of corn, 0.2 mln tonnes of rye), an increase of 33% compared with the same date in 2014, declared the State Statistics Service of Ukraine on April 16.
The FINANCIAL -- Access to financial services and products has expanded rapidly across the globe in the past few years. The number of adults worldwide who report having an account at a formal financial institution or through a mobile device grew by an estimated 700 million between 2011 and 2014. Now, 62% of the world's adult population has an account, which is up from 51% in 2011.
The FINANCIAL -- Armenia and Turkey should use the centenary of the Armenian genocide to renew diplomatic relations, open the border and pave the way for economic integration, the European Parliament said in a resolution voted on April 15. MEPs stressed the need for Turkey to recognise the Armenian genocide, so as to pave way for “genuine reconciliation”.
The FINANCIAL -- A majority of Americans, 52%, say their financial situation is "getting better," the highest percentage to say this since 2004. It is also the first time since the recession that this sentiment has reached the majority level.
The FINANCIAL -- A majority of U.S. adults, 61%, believe education beyond high school is available to anyone in America who needs it -- down from 67% who felt this way in 2013. However, only a small minority (21%) believe higher education is affordable, according to Gallup.
The FINANCIAL -- Terrorism continues to pose a threat to Europe's security, but what is the best way to tackle it? The Parliament's civil liberties committee held a hearing on 14 April to discuss with experts the evolving terrorist threats, the fight against extremism and radicalisation and what the EU could do to help.
The FINANCIAL -- The destruction of a planet may sound like the stuff of science fiction, but a team of astronomers has found evidence that this may have happened in an ancient cluster of stars at the edge of the Milky Way galaxy.
The FINANCIAL -- The World Bank Group (WBG) announced on April 17 that it would provide at least US$650 million during the next 12 to 18 months to help Guinea, Liberia and Sierra Leone recover from the devastating social and economic impact of the Ebola crisis and advance their longer-term development needs.
The FINANCIAL -- Petroleum and energy minister Tord Lien is opening the Valemon gas and condensate field in the North Sea on April 16. Expected recoverable reserves from the field are 192 million barrels of oil equivalent.
The FINANCIAL -- Worldwide oil production is outpacing demand, and oil prices have fallen by more than 50 percent since June 2014. Many factors — including soft demand, increasing U.S. production and diminishing storage for crude oil — suggest that the days of $100-a-barrel oil may not return.
The FIANNCIAL -- According to the figures published by the European Environment Agency (EEA) yesterday, in 2014 average new car emissions were 123.4g CO2/km compared to 186g CO2/km in 1995 - a 33.7% decrease over the period. This is the result of the long-term efforts of the automobile industry, which have been sustained both with and without legislation