Economics

IMF reviews The Gambia's extended credit facility amid strengthening economic recovery

The International Monetary Fund (IMF) Executive Board has completed the second review of The Gambia's Extended Credit Facility (ECF).

EU-Switzerland deal updates sectoral participation in Single Market

The European Union and Switzerland have reached a consensus on a set of agreements that facilitate Swiss companies' involvement in the Single Market.

IMF approves sixth review of extended fund facility for Ukraine

The International Monetary Fund (IMF) Executive Board has completed the sixth review of Ukraine's Extended Fund Facility (EFF), allowing the country to access an additional US$1.1 billion.

IMF completes first review under ECF arrangement for Togo

The International Monetary Fund (IMF) Executive Board has completed the first review of Togo's Extended Credit Facility (ECF) arrangement, enabling an immediate disbursement of SDR 44.0 million, approximately US$ 58.7 million, for budget support.

BlackRock Foundation supports economic mobility in underserved rural communities

The BlackRock Foundation has announced a $1.5 million grant over two years to Partners for Rural Impact (PRI), a national organization focused on improving outcomes for children and youth in rural communities across the United States.

Real Estate

A recent report on tokenization from the Boston Consulting Group (BCG) said the process "enables borderless accessibility" to physical assets for investors all over the globe.

Berkshire Hathaway, Pilot Corporation settle lawsuit

Berkshire Hathaway disclosed this week that it had reached a settlement in a lawsuit with Pilot Corporation, thereby cancelling the trial that was scheduled to commence on Monday in Delaware.

American Strategic Investment Company announces changes in the board of directors

Abby Wenzel has stepped down from her position on the board of directors at the American Strategic Investment Company (ASIC), a role she held for nine years.

Technology

Patton on ethical AI: 'The future of AI lies in its ability to solve real-world problems'

Damien Patton, founder of the artificial intelligence (AI) company Banjo, is calling for greater transparency and accountability in the development of AI, warning that its future success depends on responsible innovation.

Nansen CEO: 'We believe that every asset will be tokenized'

Alex Svanevik, CEO and Co-founder of Nansen, expressed his belief that "every asset will be tokenized" and tracked on-chain, making on-chain data essential for investors.

Dentsu CEO: We're no longer only an advertising company

The leader of Japan's largest marketing agency says the company will grow by consulting clients on business transformation and technology, not just traditional advertisting and public relations.

Trade

The Asian Development Bank (ADB) and the World Trade Organization (WTO) Secretariat have introduced a new database, the Trade in Critical Minerals (TiCM), to provide comprehensive information on critical minerals trade.
The General Council Chair of the World Trade Organization (WTO) has acknowledged significant progress in discussions on dispute settlement reform.
The European Union has initiated a safeguard investigation concerning manganese and silicon-based alloying elements.