Globe Banner News
Foreign-owned firms boost US employment by nearly seven million
By Globe Banner | Nov 15, 2024
Majority-owned U.S. affiliates of foreign multinational enterprises employed 8.35 million workers in the United States in 2022, marking a 6.8 percent increase from the previous year's 7.82 million workers, according to statistics released by the...
WTO members advance sixth review of SPS agreement amid rising trade concerns
By Globe Banner | Nov 15, 2024
Members of the World Trade Organization (WTO) are advancing in their review of the Sanitary and Phytosanitary (SPS) Agreement, with a focus on revising background documents, draft reports, and recommendations.
IMF reaches staff-level agreement with Comoros on extended credit facility review
By Globe Banner | Nov 15, 2024
An International Monetary Fund (IMF) team, led by Ms.
G20 platform highlights need for transparency in global food markets
By Globe Banner | Nov 15, 2024
AMIS, an inter-agency platform initiated by G20 agriculture ministers in 2011, is focused on enhancing transparency in food markets and improving policy responses to food insecurity.
WTO official urges scaled-up response to climate crisis through global trade collaboration
By Globe Banner | Nov 15, 2024
Thank you for the invitation from the Coalition of Trade Ministers for Climate.
FSB Europe discusses private credit growth amid rising global vulnerabilities
By Globe Banner | Nov 15, 2024
The Financial Stability Board (FSB) Regional Consultative Group for Europe convened in Munich, Germany on November 14 and 15.
Report reveals potential growth areas for cross-border renewable electricity trade
By Globe Banner | Nov 15, 2024
The latest report, "Supporting the Renewable Electricity Transition through Trade: Unlocking Re-Globalization Opportunities via Interconnection," highlights the untapped potential of cross-border electricity trade in advancing renewable energy goals.
Daniel M. Tsai receives honorary doctorate from National Taiwan University
By Globe Banner | Nov 15, 2024
Fubon Group Chairman Daniel M. Tsai was awarded an Honorary Doctorate of Laws from National Taiwan University during its 96th anniversary celebration on November 15, 2024.
IMF concludes staff visit to Pakistan focusing on economic policy discussions
By Globe Banner | Nov 15, 2024
An International Monetary Fund (IMF) mission, led by Nathan Porter, concluded a staff visit to Pakistan from November 12 to 15, 2024.
WTO concludes advanced course on e-commerce's service aspects
By Globe Banner | Nov 15, 2024
The World Trade Organization (WTO) recently concluded an advanced course on the services aspects of e-commerce in Geneva.
Siemens partners with Enemalta for digital transformation of Maltese grid
By Globe Banner | Nov 15, 2024
Enemalta, Malta's primary energy services provider, is taking steps to modernize its national electricity distribution grid in collaboration with Siemens.
MANTRA CEO: Real estate is 'soon-to-be trillion-dirham industry on a yearly basis in Dubai'
By Globe Banner | Nov 15, 2024
John Patrick Mullin, CEO of MANTRA, said that while many assets can be tokenized, "real estate," particularly in Dubai’s extensive market, offers a significantly greater "tokenization" opportunity than smaller assets.
Chainalysis CRO: 'I think TradFi is coming to the blockchain'
By Globe Banner | Nov 14, 2024
Bas Lemmens, Chief Revenue Officer at Chainalysis, said that traditional finance is "coming to the blockchain," and he anticipates "trillions of dollars" in value will be transferred onto the blockchain.
IMF reaches agreement with Burkina Faso on credit facility review
By Globe Banner | Nov 14, 2024
The International Monetary Fund (IMF) has reached a staff-level agreement with Burkina Faso on the second review of the Extended Credit Facility (ECF) arrangement.
IMF's Georgieva addresses global economic challenges at annual research conference
By Globe Banner | Nov 14, 2024
Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), delivered remarks at the 25th Jacques Polak Annual Research Conference.
IRENA-WTO report outlines trade policies for renewable hydrogen expansion
By Globe Banner | Nov 14, 2024
The latest joint report from the International Renewable Energy Agency (IRENA) and the World Trade Organization (WTO) delves into trade strategies for promoting renewable hydrogen and its derivatives.
Nordea appoints Per Långsved as new CEO of Life & Pension
By Globe Banner | Nov 14, 2024
Per Långsved, who currently serves as the Head of Personal Banking Sweden, has been appointed CEO of Nordea Life & Pension.
German venture capital investor sentiment improves but exit challenges persist
By Globe Banner | Nov 14, 2024
Sentiment among venture capital investors in Germany has shown significant improvement in the third quarter of 2024.
Sweden pledges SEK 30 million for safe agriculture trade in developing countries
By Globe Banner | Nov 14, 2024
Sweden has pledged SEK 30 million to support safe agricultural trade in developing economies through the Standards and Trade Development Facility (STDF).
Madagascar launches platform to boost climate finance through international partnerships
By Globe Banner | Nov 14, 2024
The Government of Madagascar, in partnership with International Financial Institutions (IFIs) and development partners, has unveiled a series of initiatives aimed at enhancing climate finance in the country.