Oceania > Solomon Islands

Solomon Islands

Capital: Honiara; GDP growth (annual %) 2016: 3.0%;

Pacific medical data project gets philanthropic funding boost

A project to reduce preventable deaths in the Pacific by improving medical data has received a significant funding boost from a US philanthropist.

$US8.7 million has been donated by Bloomberg Philanthropies, taking its total contribution to the Data for Health project to $US18.8 million.

The project is jointly financed by the Australian government and is hosted by the University of Melbourne.
More >
Higher earning Why a university degree is worth more in some countries than others

A university education may expand your mind. It will as well fatten your wallet. Data from the OECD, a club of rich nations, show that graduates can expect far better lifetime earnings than those without a degree.

The size of this premium varies. It is greatest in Ireland, which has a high GDP per chief and rising inequality. Since 2000 the unemployment rate for under-35s has swelled to 8% for those with degrees – but to additional than 20% for those without, and nearly 40% for secondary school drop-outs. The country’s wealth presently goes disproportionately to workers with letters next their names.
More >
Revised IMF forecasts signal gloom on global economic outlook

Low oil prices will not provide a sufficient updraught to dispel the clouds hanging over the world economy, the International Monetary Fund said on Tuesday.
In a sign of its increasing gloom about the medium term economic outlook, the IMF cut its world economic increase forecasts by 0.3 % points for both 2015 and 2016, despite believing cheaper oil represents a “shot in the arm”.
More >

GlObserver provides the latest business news Country Analysis and Economic Repor

Key Facts: Full name: Solomon Islands
Population: 535,700 (UN, 2010)
Area: 27,556 sq km (10,639 sq miles)
Major language: English (official), Melanesian dialects
Major religion: Christianity
Life expectancy: 67 years (men), 69 years (women) (UN)
Monetary unit: 1 Solomon Islands dollar = 100 cents
Main exports: Timber, fish, palm oil and kernels, copra
GNI per capita: US $910 (World Bank, 2009)
Internet domain: .sb
International dialling code: +677

top news

Climate change laws around the world
2017/05/14
There has been a 20-fold increase in the number of global climate change laws since 1997, according to the most comprehensive database of relevant policy and legislation.

The database, produced by the Grantham Research Institute on Climate Change and the Environment and the Sabin Center on Climate Change Law, includes more than 1,200 relevant policies across 164 countries, which account for 95% of global greenhouse gas emissions.

More >