Globe Banner Reports News
World Bank launches second phase of job-creating infrastructure project in Solomon Islands
By Globe Banner | Nov 4, 2024
A new phase of the World Bank's Community Access and Urban Services Enhancement Project II (CAUSE II) is set to create 120,000 labor days and provide employment for 15,000 individuals in the Solomon Islands.
World Bank partners with SECO on $5 million grant for Vietnam's urban development
By Globe Banner | Nov 4, 2024
The Swiss government and the World Bank have formalized an agreement to foster sustainable urban development in Viet Nam through a $5 million grant.
Prudential and Standard Chartered celebrate quarter-century partnership
By Globe Banner | Nov 1, 2024
Prudential plc and Standard Chartered Bank mark the 25th anniversary of their strategic bancassurance partnership, a collaboration that spans 11 markets across Asia and Africa.
The Digital Chamber: 'we are thrilled to celebrate the release of Tigran Gambaryan'
By Globe Banner | Nov 1, 2024
The Digital Chamber (TDC) has expressed satisfaction over the release of Binance employee Tigran Gambaryan from a Nigerian prison, labeling his detention as a "breach of international law."
Standard Chartered completes first HKD blockchain test with Ant International
By Globe Banner | Nov 1, 2024
Standard Chartered and Ant International have successfully completed HKD-denominated intra-group transactions using blockchain technology.
World Bank shifts focus towards resilience-building in Latin America's health sector
By Globe Banner | Nov 1, 2024
The World Bank is transitioning its focus in Latin America and the Caribbean from immediate crisis response to building resilient health systems.
IMF expands board with third African chair after regular election
By Globe Banner | Nov 1, 2024
IMF member countries have elected an expanded Executive Board, now comprising 25 Executive Directors.
World Bank supports Samoa's digital growth with $20M grant
By Globe Banner | Nov 1, 2024
A new initiative by the World Bank aims to support digital transformation in Samoa with a grant of $20.05 million.
Salvador Social Project improves access to services for vulnerable populations
By Globe Banner | Nov 1, 2024
In Salvador, Brazil, the city's vulnerable and impoverished populations are a visible presence across various neighborhoods and tourist attractions.
IMF concludes Article IV consultation with Mexico amid economic slowdown
By Globe Banner | Nov 1, 2024
On October 30, the Executive Board of the International Monetary Fund (IMF) completed its Article IV consultation and mid-term review under the Flexible Credit Line (FCL) Arrangement with Mexico.
UOB FinLab supports ASEAN GreenTech initiatives with $100K funding
By Globe Banner | Nov 1, 2024
UOB FinLab, the innovation accelerator of United Overseas Bank (UOB), has announced a financial commitment of over $100,000 to support 15 Green Technology (GreenTech) firms.
Non-profits now eligible for ERP start-up loan in Germany
By Globe Banner | Nov 1, 2024
The ERP Start-up Loan – StartGeld program is expanding its reach to include non-profit enterprises starting November 1.
Ripple Labs challenges SEC’s ruling on XRP sales classification
By R. B. Pepalis | Oct 31, 2024
On October 25, Ripple Labs filed a Civil Appeal Pre-Argument Statement, also known as Form C, in the U.S. Court of Appeals for the Second Circuit to challenge a recent ruling by the U.S. Securities and Exchange Commission (SEC) that classified Ripple’s institutional XRP sales as securities transactions.
Democratic Party for the People proposes crypto tax reduction policy ahead of Japanese elections
By Globe Banner | Oct 31, 2024
Yuichiro Tamaki, the leader of Japan’s Democratic Party for the People (DPP), announced a cryptocurrency tax plan aimed at reducing the tax on crypto gains to 20%.
Pandemic Fund secures $2.8 billion for pandemic preparedness
By Globe Banner | Oct 31, 2024
The Pandemic Fund has announced a significant mobilization of resources, securing US$2.8 billion in new international financing over the past three months to enhance pandemic prevention, preparedness, and response capabilities in low- and...
KfW IPEX-Bank leads financing for major US offshore wind farm project
By Globe Banner | Oct 31, 2024
KfW IPEX-Bank is playing a significant role in the financing of the Coastal Virginia Offshore Wind Farm project in the United States.
Katherine Easmunt appointed as Chief Ethics Counsel by NCUA Board
By Globe Banner | Oct 31, 2024
The National Credit Union Administration (NCUA) Board has appointed Katherine Easmunt as the agency's Chief Ethics Counsel, effective November 3.
World Bank launches $593M program supporting Ukrainian SMEs amid ongoing conflict
By Globe Banner | Oct 31, 2024
The World Bank has announced a new initiative to bolster Ukraine's private sector.
WTO DG urges continued focus on integrating least developed countries into global trade
By Globe Banner | Oct 31, 2024
DG Okonjo-Iweala has urged members of the World Trade Organization (WTO) to continue advancing work in trade and development, particularly in integrating Least Developed Countries (LDCs) into global trade.
NCUA issues prohibition notices against four former credit union employees
By Globe Banner | Oct 31, 2024
The National Credit Union Administration (NCUA) has issued three consent orders and one prohibition notice in October 2024.