WASHINGTON, January 24, 2017— The World Bank is forecasting strong gains for
industrial commodities such as energy and metals
in 2017, due to tightening supply and strengthening demand.
In its January 2017 Commodity Markets Outlook, the World Bank is holding steady its crude oil price forecast for the year at $55 per barrel, a 29 percent jump from 2016. The energy price forecast assumes members of the Organization of the Petroleum Exporting Countries (OPEC) and other oil producers will partially comply with an agreement to limit production after a long period of unrestrained output.

are best at it? A new index sets out to find the most successful from a list of 100 cities. The ranking from Arcadis, a design and consultancy firm, and the Centre for Economic and Business Research, assesses the sustainability of cities based on three dimensions. The ranking also highlights the pressure cities are under – from population growth to natural disasters.

A record 137 economies around the world have adopted key reforms that make it easier to start and operate small and medium-sized businesses, says Doing Business 2017: Equal Opportunity for All, the World Bank Group’s annual report on the ease of doing business.
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