economic development
Coverage of economic development in the Nexus archive.
- Northwest Commission to Set Yearlong Priorities With an Eye on the 2028 Olympics
The Northwest Commission has designated the 2028 Olympic and Paralympic Games as a yearlong priority in its strategic plan, alongside economic development and health and safety. An ad hoc committee will ensure the district is prepared to participate in the 2028 Games.
- Greater Baton Rouge Economic Partnership earns Mac Conway Award
The Greater Baton Rouge Economic Partnership received the Mac Conway Award for Excellence in Economic Development for securing 12 major projects involving $10.6 billion in capital investment and creating 2,100 new jobs.
- Why the World Bank is winding down loans to China amid a ‘natural’ shift
The World Bank is set to phase out loans to China by 2031, with China's Ministry of Finance attributing the shift to the nation's advancing economy and evolving development needs. The ministry described the declining bilateral financing cooperation as a 'natural' transition toward knowledge sharing.
- Hong Kong’s 5-year plan will hinge on how it measures success
Hong Kong's first five-year plan, launched with a public consultation last month, addresses economic development, innovation, technology, housing, healthcare, education, infrastructure, and regional cooperation. The plan aims to define success metrics for achieving goals by 2030.
- Lumbee Tribe denies amending its constitution for future casino
The Lumbee Tribe denied amending its constitution for a future casino. The vote was described as historic and linked to economic development and tribal sovereignty.
- Colombia's vote may reshape the Amazon's future as political winds shift across Latin America
Colombia's election of Abelardo de la Espriella, endorsed by U.S. President Donald Trump, alongside Peru's potential election of Keiko Fujimori and Brazil's upcoming vote, raises concerns about shifting political priorities in the Amazon region. These leaders have signaled support for economic growth through extractive industries, contrasting with previous environmental-focused policies in Colombia and Peru.
- Frey talks $30M budget gap: ‘Everything on the table’ to avoid property tax spike
Minneapolis faces a $30M budget gap, prompting Mayor Jacob Frey to consider cuts to programs, services, and potential job losses to avoid a property tax spike. Frey emphasizes efficiency and prioritizes public safety, housing, and economic development as he prepares to present his budget to the city council in August.
- US-Iran agreement signed; key issues remain unresolved as negotiations advance
President Donald Trump and Iranian President Masoud Pezeshkian signed a U.S.-Iran agreement at the G7 summit, ending a naval blockade and allowing sanctions waivers for Iranian oil sales. The deal includes a $300 billion investment in Iran's reconstruction but leaves unresolved issues like sanctions schedules, frozen assets, and Iran's nuclear program. The agreement faces bipartisan criticism in Congress for potentially strengthening Iran and weakening U.S. allies.
- Catawba County budget approved, property taxes remain unchanged
Catawba County approved a $264 million budget with no property tax changes. Commissioners rejected a proposed tax increase to fund future school construction, while the budget allocates funds for education, public safety, parks, recreation, and economic development.
- China touts Xinjiang at trade forum, spotlighting a region once marked by detention centers
China hosts an international trade conference in Xinjiang to promote economic development, including coal, oil, gas, and cotton industries, despite the region's history of mass detentions of ethnic minorities. Officials highlight infrastructure projects and governance advantages, while human rights groups report ongoing issues like forced labor programs and fabricated charges against Uyghurs.
- China touts Xinjiang at trade forum, spotlighting a region once marked by detention centers
China is hosting an international conference in Xinjiang to promote economic development in the region, which was once marked by mass political detentions.
- Somalia: Somalia Envoy Meets GCC Chief in Riyadh to Discuss Security and Economic Cooperation
Somalia's ambassador to Saudi Arabia met the head of the Gulf Cooperation Council (GCC) in Riyadh to discuss strengthening cooperation in security, economic development, and regional partnership. The meeting aimed to enhance security and economic collaboration between Somalia and the GCC.
- Switzerland was recently ranked the best country in the world. Here's why.
Switzerland was ranked the best country in the world by US News & World Report due to high scores in governance, health, culture, and economic development. The country leads in economic development with low corporate taxes and high-tech exports, and it ranks highly in cultural contributions including 19 Nobel Laureates and 13 UNESCO World Heritage Sites.
- Where Asia’s Money Moves Next
The article discusses current and future financial trends in Asia, focusing on where investments are shifting. It highlights key markets and economic developments driving regional capital movements.