Speech by Federal Rerve Chair Janet L. Yellen at the Federal Reserve Bank of Kansas City Economic Symposium, Jackson Hole, Wyoming - August 22, 2014 In the five years since the end of the Great Recession, the economy has made considerable progress in recovering from the largest and most sustained loss of employment in the United States since the Great Depression.1 More jobs have now been created in the recovery than were lost in the downturn, with payroll employment in...

Speech by Mario Draghi, President of the ECB, Annual central bank symposium in Jackson Hole,  22 August 2014 No one in society remains untouched by a situation of high unemployment. For the unemployed themselves, it is often a tragedy which has lasting effects on their lifetime income. For those in work, it raises job insecurity and undermines social cohesion. For governments, it weighs on public finances and harms election prospects. And unemployment is at the heart of the macro dynamics...

A new strategy to improve customs risk management, together with a detailed action plan, was adopted by the Commission today. Robust customs risk management is essential to protect the safety and security of the EU and its citizens, the interests of legitimate traders and EU financial interests, while at the same time enabling the smooth flow of trade. As the volume of trade grows and the international supply chain becomes ever more complex and fast-moving, the framework for customs...

Brussels, 20 August 2014 - Tomorrow Galileo, the EU's satellite navigation programme, will send two more satellites into space, reaching a total number of 6 satellites in orbit. The lift-off will take place at the European spaceport near Kourou in French Guiana, at 14.31 CET and can be viewed via live streaming here. The launch marks another milestone for Galileo as a step towards a fully-fledged European-owned satellite navigation system. These two satellites are the first of a new...

By Martine Reicherts,  EU Justice Commissioner | IFLA World Library and Information Congress | Lyon, France 18 August 2014 Main messages Just as work on the data protection reform has picked up speed and urgency, detractors are attempting to throw a new spanner in the works. They are trying to use the recent ruling by the European Court of Justice on the right to be forgotten to undermine our reform. They have got it wrong. And I will not let them...

Each day, American businesses are firing on all cylinders to create jobs and drive America's economic growth. Just last month, our private sector added jobs for the 53rd straight month, the longest streak on record. In total, American businesses have added 9.9 million jobs since early 2010. Last week, we saw another sign of progress, as the number of available jobs rose to the highest level in more than 13 years. American business owners advertised 4.67 million jobs in June,...

GDP stable in the euro area and up by 0.2% in the EU28 +0.7% and +1.2% respectively compared with the second quarter of 2013. Seasonally adjusted GDP remained stable in the euro area1 (EA18) and rose by 0.2% in the EU281 during the second quarter of 2014, compared with the previous quarter, according to flash estimates2 published by Eurostat, the statistical office of the European Union. In the first quarter of 2014, GDP grew by 0.2% in the euro area and...

Grabbing a glass or typing an email: these are some everyday gestures that are not possible for people with serious physical impairments – even though they have the will and the brainpower to do so. EU-funded projects such as TOBI (Tools for Brain-Computer Interaction) are working on technologies that could greatly improve the quality of life of people such as 20-year-old Francesco or 53-year-old Jean-Luc. Brain-Computer Interaction has allowed them to regain control of paralysed limbs, surf the web...