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Gross Domestic Product (third estimate), corporate profits (revised estimate), and GDP by industry, third quarter 2021

Real gross domestic product (GDP) increased at an annual rate of 2.3 percent in the third quarter of 2021 (table 1), according to the "third" estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP increased 6.7 percent.


IMF staff completes 2021 virtual staff visit to Kiribati

An International Monetary Fund (IMF) team, led by Ms. Sarwat Jahan, held virtual staff-level discussions with the authorities in Kiribati during December 6–16, 2021.


IMF executive board concludes third review under Jordan’s extended arrangement

The Executive Board of the International Monetary Fund (IMF) today completed the third review of Jordan’s program supported by the Extended Fund Facility (EFF).


IMF executive board approves Moldova’s requests for arrangements under Extended Fund Facility and Extended Credit Facility

The Executive Board of the International Monetary Fund (IMF) approved Moldova’s requests for an economic reform program under the Extended Credit Facility (ECF) and Extended Fund Facility (EFF) arrangements [1] today.


TNS investing in 'fast-developing' Asian markets

Transaction Network Services (TNS) is investing resources to enhance global connectivity in Asia, as many companies on the continent experience global growth.


Statement at the end of an IMF staff visit to Mozambique

An International Monetary Fund (IMF) staff team led by Mr. Alvaro Piris conducted discussions virtually in the context of the 2021 Article IV Consultation with Mozambique ending on December 16, 2021.


Energy producers question Biden administration's suggested changes to oil, gas leasing practices

The Institute for Energy Research (IER) recently responded to the U.S. Department of the Interior's report that recommended "significant reforms" be made to federal oil and gas leasing practices.


Waterloo 'thrilled' to partner with online e-commerce platform, expand global reach

To increase its fast-growing presence in markets overseas, Waterloo Sparkling Water recently entered into a deal to offer its products on Grovara's online marketplace, according to a press release.


TAI Engineers, LLC 'pleased' to represent Ghenova Ingenierí in the US, India

Maritime solutions provider TAI Engineers, LLC recently agreed to serve as an exclusive representative of Ghenova Ingeniería, S.L. in the United States and India, according to a press release.


U.S. international transactions, third quarter 2021

Current-Account Deficit Widens by 8.3 Percent in Third Quarter


AM Best: Rejection of 'billions' in lawsuit payouts leads to improved commercial property outlook

A recent AM Best report revealed U.S. commercial property markets are stabilizing after months of unsatisfying figures.


CBD.market promises to process orders 'quickly' in US, Australia expansion

CBD.market, an online retailer, has recently confirmed plans to expand its CBD oil product offerings to new markets in U.S. territories including Puerto Rico, Guam and the U.S. Virgin Islands The company has also started to ship products to Australia.


IMF staff completes 2021 Article IV mission to Bangladesh

An International Monetary Fund (IMF) staff team, led by Mr. Rahul Anand, visited Dhaka from December 5-19 to hold discussions on the 2021 Article IV Consultation with Bangladesh.


IMF executive board completes the 2021 Article IV consultation and second reviews of the Extended Arrangement under the EFF and ECF Arrangements for Kenya

The Executive Board of the International Monetary Fund (IMF) completed today the 2021 Article IV Consultation [1] and the Second reviews of the 38-month Extended Arrangement under the Extended Fund Facility (EFF) and 38-month arrangement under Extended Credit Facility (ECF) for Kenya.


Georgieva suggests vaccines might ease inflation; 'need to reach the targets'

In the wake of the COVID-19 pandemic, the world economy finds itself on shaky ground, with inflation gripping many nations.


Cannabis company Cookies expands in Europe in partnership with InterCure: 'focus on new territories'

Cookies, a San Francisco-based company that makes cannabis products, is expanding into Europe in a partnership with InterCure, a news release said.


CSC Global Financial Markets announces expansion in the Netherlands to provide global clients 'even greater breadth and scale of service'

CSC Global Financial Markets, a global provider of business, legal, tax and digital brand services, has been granted additional depositary licenses by the Dutch Financial Markets Authority.


DKT WomanCare and Pregna partner up: 'leverage each other's strengths'

WomanCare Global Trading CIC has initiated a partnership with Pregna International Ltd. in its efforts to increase the availability of intrauterine contraceptives worldwide.


Westinghouse secures decommissioning contract in Germany: 'decades of hands-on experience'

Westinghouse Electric Company has partnered with RWE Nuclear GmbH to help decommission two reactors at the Gundremmingen nuclear facility in Germany.


Westinghouse dismantles reactor at Slovakia nuclear plant: 'pleased to deliver the value of certainty'

Westinghouse Electric Co. has announced that it has dismantled the first of two reactor vessels at a power plant in Slovakia, and is also involved in decommissioning projects worldwide.