We are supporting initiatives like Partners for a New Beginning, which supports economic opportunity, education, science and technology exchanges between the United States and Muslim communities worldwide...We are connecting entrepreneurs with Diaspora communities in the United States that are eager to help fund new projects in countries where they have family ties.

First outlined by President Obama during his “New Beginnings” speech in 2009, the Global Entrepreneurship Program supports entrepreneurs in Muslim majority emerging economies by linking them with mentors and access to financing. Indonesia is the second country after Egypt to implement the pilot, which officials say supports stable democracy by creating jobs and growing local economies.

Ireland Reaching Out is hoping to raise funds to expand to the rest of Galway and serve as a central Web site and database for similar reverse genealogy efforts elsewhere in the country. And by appealing to the Irish to come home, if only for a visit, the project could even help revive the local economy.

Like the economy itself—though less noticed abroad—Italy’s ancient monuments and cultural heritage are crumbling. At stake is not just sentimental attachment to national monuments. Italy draws more than 45 million visitors every year, making tourism the country’s primary industry. Italy, as a brand, doesn’t just denote quality and beauty, but translates into euros.

Recently the International Monetary Fund confirmed what the average Chinese has long anticipated: China will soon have the world's largest economy, surpassing the United States. Some Chinese believe that passing this milestone will have automatic consequences for international politics, giving China more international influence. But as history shows, the path may not have a single destination.

Against the backdrop of a sputtering economy and a spate of scandals battering India's global image, Finance Minister Pranab Mukherjee is in Washington today. The visit -- largely touted as a damage-control and public relations initiative -- will see the senior minister...reinforce the message that the Indian growth story is still robust and that the country remains an attractive investment destination.

Senior officials from the Economic Community of West African States (ECOWAS) begin talks in China this week to find investors in agriculture, industry and roads and other physical infrastructure. Some groups have expressed concern that increased investment will only benefit the Asian giants and African elites.

Germany will ease restrictions on foreign doctors and engineers seeking work in the country in a bid to plug a yawning gap in the labour market of Europe’s top economy. Education and Research Minister Annette Schavan told the daily Passauer Neue Presse that the centre-right government would this week approve a draft law aimed at attracting thousands of professionals from abroad.