Globe Banner News
World Bank highlights need for $6 billion investment in Albania's climate resilience
By Globe Banner | Nov 25, 2024
Albania is poised to enhance its resilience against climate change and explore new economic avenues through strategic investments, as highlighted in the World Bank Group’s Country Climate and Development Report for Albania.
Egypt aims for growth through comprehensive climate action
By Globe Banner | Nov 25, 2024
Egypt is positioning itself to harness economic growth through climate action, aiming to transform its cities into resilient centers that attract investment and enhance the quality of life.
Türkiye launches platform for industrial decarbonization with international partners
By Globe Banner | Nov 25, 2024
The Ministry of Industry and Technology of the Republic of Türkiye, in collaboration with the European Bank for Reconstruction and Development (EBRD), the International Bank for Reconstruction and Development (IBRD), and the International Finance...
World Bank outlines key reforms needed for Moldovan economic growth
By Globe Banner | Nov 25, 2024
CHISINAU, November 25, 2024 – The World Bank and the Ministry of Economic Development and Digitalization of Moldova have released a new report detailing essential reforms for boosting the country's economic growth.
J.P. Morgan releases expanded NextList2025 featuring experiences and books
By Globe Banner | Nov 25, 2024
J.P. Morgan has released its NextList2025, a curated selection of experiences and books expected to capture attention during the holiday season and beyond.
World Bank funds Indian project for sustainable forestry development
By Globe Banner | Nov 25, 2024
The World Bank's Board of Executive Directors has approved a new project aimed at improving forest management and enhancing forest value chains in Tripura and Nagaland, India.
Judith Green named as World Bank's country manager for Malaysia
By Globe Banner | Nov 25, 2024
Kuala Lumpur, Malaysia — The World Bank Group has appointed Judith Green as the Country Manager for Malaysia.
IMF concludes Article IV consultation with Tonga amid economic improvements
By Globe Banner | Nov 25, 2024
On November 6, the Executive Board of the International Monetary Fund (IMF) concluded its Article IV consultation with the Kingdom of Tonga.
Development banks unite against gender-based violence on international awareness day
By Globe Banner | Nov 25, 2024
Gender-based violence (GBV) continues to be a global issue despite international efforts to combat it.
New sectoral profiles reveal insights into manufacturing trade linkages
By Globe Banner | Nov 25, 2024
Each sectoral profile provides insights into the trade linkages within manufacturing industries, focusing on the inputs for exports and key trends in global value chain (GVC) participation.
Vanuatu faces economic challenges after airline bankruptcy
By Globe Banner | Nov 25, 2024
Vanuatu, a Pacific island nation situated between Australia and Fiji, is facing significant economic challenges following recent adverse events.
WTO addresses ongoing trade disputes involving Colombia, EU, Indonesia & USA
By Globe Banner | Nov 25, 2024
The World Trade Organization's Dispute Settlement Body (DSB) has been addressing several ongoing trade disputes, with recent developments in cases involving Colombia, the European Union, Indonesia, and the United States.
Binance marks one year of leadership under new CEO
By Globe Banner | Nov 24, 2024
Over the past year, Binance has established new standards for growth, responsibility, and innovation in the cryptocurrency industry.
Former CEO of crypto exchange ‘Mine Digital’ charged with $1.4 million in fraud
By Globe Banner | Nov 24, 2024
On October 21, 2024, the former CEO of Australian-based cryptocurrency exchange ACCE Australia Pty Ltd, trading as "Mine Digital," Grant Colthup, appeared before the Ipswich Magistrates Court on fraud charges following an investigation by the Australian Securities and Investments Commission (ASIC). The charges involve an alleged $1.4 million USD cryptocurrency transaction from July 2022.
Trump's policy initiatives analyzed for economic impact
By Globe Banner | Nov 23, 2024
The incoming Trump administration is exploring a variety of policy initiatives, prompting discussions on how to analyze these measures.
World Bank hosts youth art exhibition showcasing visions for Bangladesh
By Globe Banner | Nov 23, 2024
DHAKA, November 23, 2024 — The World Bank has launched an exhibition featuring wall art created by students and youths from across Bangladesh.
Families urged to discuss finances during holiday gatherings
By Globe Banner | Nov 22, 2024
The holiday season is often seen as a time for relaxation and family gatherings.
European regulator tightens oversight on crypto providers while traditional finance faces persistent money laundering issues
By Globe Banner | Nov 22, 2024
The European Banking Authority (EBA) released new guidelines on November 14 for Payment Service Providers (PSPs) and Crypto-Asset Service Providers (CASPs) to ensure adherence to the European Union’s restrictive measures regimes. These guidelines are designed to enhance oversight in the crypto sector and mitigate financial crime risks.
UK poised to unveil crypto regulations amid pressure to retain industry
By Globe Banner | Nov 22, 2024
The UK government is set to launch long-anticipated cryptocurrency regulations aimed at enhancing the country’s appeal as a digital asset hub. Focused on stablecoins and staking, the new framework seeks to prevent startups from moving operations to the United States, where President Donald Trump’s pro-crypto stance has made the environment increasingly attractive.
Somalia faces revenue challenges as it rebuilds social contract
By Globe Banner | Nov 22, 2024
State-building and legitimacy in countries emerging from fragility are closely linked to the concept of a social contract.