Globe Banner News
WTO releases report on agricultural import measures in Panama
By Globe Banner | Dec 5, 2024
The World Trade Organization (WTO) has released a panel report concerning agricultural import measures in Panama.
Growth Fund Germany commits over half target volume within first year
By Globe Banner | Dec 5, 2024
Around one year after its final closing, the Growth Fund Germany has committed more than half of its target volume of EUR 567 million to 29 venture capital funds as of November 30, 2024.
Côte d'Ivoire transforms debt strategy with World Bank support
By Globe Banner | Dec 5, 2024
Côte d’Ivoire, once one of Africa's fastest-growing economies with an annual growth rate of 8% from 2012 to 2019, is taking steps to reshape its debt management strategies.
Côte d'Ivoire's innovative debt swap prioritizes educational investment
By Globe Banner | Dec 5, 2024
Côte d’Ivoire is set to complete a debt-for-development swap with the assistance of the World Bank Group.
World Bank announces record $100 billion replenishment for global development
By Globe Banner | Dec 5, 2024
The World Bank Group has announced a historic $100 billion replenishment for the International Development Association (IDA), highlighting a crucial step in global development efforts.
US trade deficit falls as both exports and imports decline in October
By Globe Banner | Dec 5, 2024
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis reported a decrease in the goods and services deficit for October 2024, which stood at $73.8 billion.
Simon Birmingham appointed head of Asia Pacific engagement at ANZ
By Globe Banner | Dec 5, 2024
ANZ has announced the appointment of Simon Birmingham as Head of Asia Pacific Engagement and Chairman for South Australia.
IMF concludes Article IV consultation with UAE; endorses positive economic outlook
By Globe Banner | Dec 5, 2024
On July 11, 2024, the Executive Board of the International Monetary Fund (IMF) concluded its Article IV consultation with the United Arab Emirates (UAE).
Stefan Wintels' contract as CEO extended by KfW until September 2029
By Globe Banner | Dec 5, 2024
KfW's Board of Supervisory Directors has confirmed the extension of Stefan Wintels' term as Chief Executive Officer until September 30, 2029.
HSBC completes another phase in global reorganisation
By Globe Banner | Dec 5, 2024
HSBC has announced the completion of the next stage in its global reorganisation, focusing on International Wealth and Premier Banking (IWPB).
Regional trade policy course concludes successfully in Saudi Arabia
By Globe Banner | Dec 5, 2024
A regional trade policy course concluded in Saudi Arabia, providing participants with training on various trade-related topics.
Siemens partners with CAF for Metro de Madrid train propulsion systems
By Globe Banner | Dec 5, 2024
Siemens Mobility has announced its collaboration with CAF to provide propulsion systems for the new trains of Metro de Madrid.
Debt-for-development swaps: A solution for countries struggling with high debts
By Globe Banner | Dec 5, 2024
Countries facing high debt levels often struggle to invest in crucial sectors such as education, healthcare, and climate action.
World Bank launches 'Mission 300' aiming electrification for millions in Africa
By Globe Banner | Dec 5, 2024
As global leaders convene at COP29 in Baku, a significant focus for Africa is the acceleration of access to reliable and sustainable electricity.
Siemens named leader in IoT platforms for building management
By Globe Banner | Dec 5, 2024
Siemens has been recognized as a leader in the field of IoT digital platforms for building operations.
FSB releases report on global resolution regimes; lists key insurers
By Globe Banner | Dec 5, 2024
The Financial Stability Board (FSB) has released its 2024 Resolution Report, detailing progress in resolution reforms and outlining future priorities.
Small grants empower indigenous communities in Cambodia
By Globe Banner | Dec 5, 2024
Ethnic villages in northern Cambodia are benefiting from grants provided by the World Bank and Japan Social Development Fund, which aim to support local livelihoods.
World Bank funds $660M project for low-carbon rail expansion in Türkiye
By Globe Banner | Dec 5, 2024
The World Bank has approved $660 million in financing to aid Türkiye in expanding its electric rail transportation.
NCUA reports rise in credit union loans; net income declines
By Globe Banner | Dec 5, 2024
The National Credit Union Administration (NCUA) has released its financial performance data for the third quarter of 2024.
World Bank amplifies efforts towards climate-smart agriculture
By Globe Banner | Dec 5, 2024
The World Bank is intensifying its focus on climate-smart agriculture, a sector that combines reducing emissions, enhancing resilience, and boosting productivity.