Globe Banner News
IMF reviews Samoa's economic progress amid global uncertainties
By Globe Banner | Nov 27, 2024
An International Monetary Fund (IMF) mission, led by Siddharth Kothari, recently concluded discussions with Samoan authorities and stakeholders in Apia.
World Bank’s IDA transforms lives through global development initiatives
By Globe Banner | Nov 27, 2024
In a remote area of Yemen, Hamama, a widow with no income, faced challenges due to the lack of electricity.
IMF announces staff-level agreement on Ethiopia's extended credit facility review
By Globe Banner | Nov 27, 2024
The International Monetary Fund (IMF) has announced a staff-level agreement with Ethiopian authorities on the second review of Ethiopia's economic program under the Extended Credit Facility (ECF).
Germany advances national hydrogen strategy with EUR 24 billion KfW loan
By Globe Banner | Nov 27, 2024
KfW is backing the development of a national hydrogen core network in Germany, acting on behalf of the German Federal Government.
U.S Bureau reports rise in personal income for October
By Globe Banner | Nov 27, 2024
Personal income in the United States rose by $147.4 billion, or 0.6 percent, in October, according to data released by the U.S. Bureau of Economic Analysis.
IMF completes Article IV consultation with Bahrain: economic growth continues amid challenges
By Globe Banner | Nov 27, 2024
The International Monetary Fund (IMF) Executive Board has completed its 2024 Article IV consultation with the Kingdom of Bahrain, noting economic growth amid challenging conditions.
Morocco advances towards renewable energy goal with new wind farm
By Globe Banner | Nov 27, 2024
Morocco is advancing its renewable energy goals with the commissioning of the Jbel Lahdid wind farm in Essaouira.
KfW enables digital submissions for heating system promotion grants
By Globe Banner | Nov 27, 2024
KfW has announced a new step in its plan to promote climate-friendly heating systems.
Yuanta FHC recognized among top groups for carbon competitiveness
By Globe Banner | Nov 27, 2024
Yuanta Financial Holding Company (FHC) has been recognized by Business Weekly's "Carbon Competitiveness 100" for its efforts in carbon reduction.
Standard Chartered considers selling African businesses to focus on wealth management
By Globe Banner | Nov 27, 2024
Standard Chartered PLC has announced its intention to explore the sale of certain businesses as part of a strategy to enhance investment in its wealth management sector.
Kenya promotes entrepreneurship among youth through innovative projects
By Globe Banner | Nov 26, 2024
Kenya is addressing the challenge of job quality and youth unemployment, despite a relatively low overall unemployment rate of 5.4% and youth unemployment at 8.4%.
IMF commends Sri Lanka's progress in economic reforms amid ongoing debt restructuring
By Globe Banner | Nov 26, 2024
Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF), addressed members of the financial community regarding Sri Lanka's economic reform efforts.
IMF concludes Article IV consultation with cautious optimism for Thai economy
By Globe Banner | Nov 26, 2024
An International Monetary Fund (IMF) staff team, led by Corinne Deléchat, has completed the 2024 Article IV Consultation with Thailand.
World Bank funds project for forest revitalization in Tripura and Nagaland
By Globe Banner | Nov 26, 2024
The World Bank's Board of Executive Directors has approved a project aimed at supporting over 700,000 individuals in Tripura and Nagaland, India.
IMF highlights structural reforms needed for Chile’s sustained economic growth
By Globe Banner | Nov 26, 2024
The International Monetary Fund (IMF) has concluded its 2024 Article IV mission to Chile, issuing a statement that outlines the country's current economic status and future prospects.
IMF reaches staff-level agreement with Cabo Verde on credit facility reviews
By Globe Banner | Nov 26, 2024
An International Monetary Fund (IMF) team, led by Justin Tyson, concluded discussions with Cabo Verdean authorities regarding the fifth review under the Extended Credit Facility (ECF) and the second review under the Resilience and Sustainability...
Fossil Fuel Subsidy Reform Initiative reviews progress at final meeting of 2024
By Globe Banner | Nov 26, 2024
Ambassador Clare Kelly of New Zealand, who coordinates the Fossil Fuel Subsidy Reform (FFSR) initiative, shared updates on recent activities aligned with the 13th Ministerial Conference's Ministerial Statement and work program.
Germany's corporate sector boosts climate investments despite hurdles
By Globe Banner | Nov 26, 2024
In 2023, businesses in Germany increased their investments in climate solutions, reaching a total of EUR 85 billion.
Barclays announces new private banking hub opening in Singapore by 2026
By Globe Banner | Nov 26, 2024
Barclays has announced plans to open a new Private Bank booking center in Singapore.
Discussion highlights interconnectedness's role in maintaining global financial stability
By Globe Banner | Nov 26, 2024
Governor, thank you for inviting me to this important symposium.