Globe Banner News
World Bank advises fiscal discipline for North Macedonia amid rising debt concerns
By Globe Banner | Dec 13, 2024
North Macedonia is facing a challenge with its growing debt, according to a new report by the World Bank Group.
BMO's treasury solutions earn four major awards highlighting digital innovation
By Globe Banner | Dec 12, 2024
BMO's Treasury & Payment Solutions division has been recognized with several industry awards in 2024, showcasing its commitment to digital innovation and customer experience.
World Bank approves $100 million aid to boost sustainable growth in Nepal
By Globe Banner | Dec 12, 2024
The World Bank's Board of Executive Directors has approved a $100 million development policy operation (DPO) to aid Nepal in advancing its efforts towards green, resilient, and inclusive development.
Women from ING share tech journeys
By Globe Banner | Dec 12, 2024
In the ongoing series "Women in Tech: The trailblazers," five women from various regions within the ING world share their stories and experiences in the technology sector.
Blinken discusses Syria and Gaza with Jordan's King Abdullah II
By Globe Banner | Dec 12, 2024
Secretary of State Antony J. Blinken met with King Abdullah II of Jordan in Aqaba to discuss the ongoing situation in Syria.
World Bank funds $325M project to boost agriculture in Uttar Pradesh
By Globe Banner | Dec 12, 2024
The World Bank has approved a new project in Uttar Pradesh, India, aimed at increasing farmers' incomes through improved crop productivity, digital technology adoption, climate-resilient practices, and stronger market linkages.
WTO faces negotiation challenges; calls made for new approaches
By Globe Banner | Dec 12, 2024
The World Trade Organization (WTO) is facing significant challenges in its ongoing negotiations, as highlighted by Director-General Ngozi Okonjo-Iweala.
Siemens introduces first hydrogen-powered passenger train service
By Globe Banner | Dec 12, 2024
Siemens Mobility has announced the introduction of its Mireo Plus H hydrogen trains into passenger service.
IMF reviews Jordan's economy amid regional conflict challenges
By Globe Banner | Dec 12, 2024
The International Monetary Fund (IMF) Executive Board has concluded its 2024 Article IV consultation and second review under the Extended Fund Facility (EFF) with Jordan.
IMF concludes visit discussing Djibouti's economy amidst regional disruptions
By Globe Banner | Dec 12, 2024
An International Monetary Fund (IMF) team, led by Esther Pérez Ruiz, recently concluded a visit to Djibouti.
Siemens sets higher goals for smart infrastructure growth
By Globe Banner | Dec 12, 2024
Siemens Smart Infrastructure (SI) has surpassed its previous mid-term targets, achieving an 11% compound annual growth rate for revenue from fiscal 2020 to 2024.
FSB seeks members for taskforce on cross-border payment regulations
By Globe Banner | Dec 12, 2024
The Financial Stability Board (FSB) is calling for stakeholders in the cross-border payments market to join its Taskforce on Legal, Regulatory and Supervisory (LRS) matters.
Tanzania faces economic impact from unchecked climate change
By Globe Banner | Dec 12, 2024
Tanzania's ambition to become a middle-income country by 2050 faces significant challenges due to climate change, as outlined in the recent Country Climate and Development Report (CCDR) by the World Bank Group.
Targeted programs help Tunisian graduates find quality jobs
By Globe Banner | Dec 12, 2024
Finding employment after university graduation can be challenging for many young people in Tunisia.
Siemens partners with SuperTrak to enhance smart conveyance solutions
By Globe Banner | Dec 12, 2024
Siemens and SuperTrak CONVEYANCE™ have announced a collaboration aimed at enhancing smart conveyance solutions.
Programme on subsidies notifications for government officials completes first phase
By Globe Banner | Dec 12, 2024
The first phase of a program designed to improve government officials' compliance with subsidy notification obligations under the World Trade Organization's (WTO) Agreement on Subsidies and Countervailing Measures has concluded.
World Bank urges Tanzania to integrate climate action into development plans
By Globe Banner | Dec 12, 2024
The World Bank Group has released a new Country Climate and Development Report (CCDR) for Tanzania, highlighting the urgent need for climate action to mitigate potential economic setbacks.
Siemens celebrates two decades with Oracle Red Bull Racing in F1
By Globe Banner | Dec 12, 2024
Siemens Digital Industries Software is marking two decades of collaboration with Oracle Red Bull Racing, a significant technical partnership in the Formula 1 landscape.
German SMEs struggle with sustainability data amid changing banking expectations
By Globe Banner | Dec 12, 2024
Many small and medium-sized enterprises (SMEs) in Germany are not well-prepared to meet the potential future demands of banks and savings banks for sustainability indicators during loan negotiations.
World Bank: Poorest nations face decisive decades ahead
By Globe Banner | Dec 12, 2024
The World Bank has released a new analysis indicating that the next 25 years will be crucial for the world's 26 poorest countries in their quest to achieve middle-income status.