Globe Banner News
NCUA reports rise in assets and loans among federally insured credit unions
By Globe Banner | Dec 19, 2024
Assets and loans at federally insured credit unions showed an increase at the median over the year ending in the third quarter of 2024, while shares and deposits experienced a decline, as reported by the latest NCUA Quarterly U.S. Map Review.
IMF completes second review under credit facility for Burkina Faso
By Globe Banner | Dec 19, 2024
The Executive Board of the International Monetary Fund (IMF) has completed its second review under the Extended Credit Facility (ECF) arrangement for Burkina Faso.
Pandemic Fund announces third round of $500 million funding for global health initiatives
By Globe Banner | Dec 19, 2024
The Pandemic Fund's Governing Board has approved a $500 million grant for its third round of funding, aimed at enhancing pandemic preparedness in low- and middle-income countries.
IMF concludes Article IV consultation with Philippines; highlights economic prospects
By Globe Banner | Dec 19, 2024
The International Monetary Fund (IMF) Executive Board has concluded its 2024 Article IV consultation with the Philippines.
EU begins probe into manganese and silicon alloy imports
By Globe Banner | Dec 19, 2024
The European Union has initiated a safeguard investigation concerning manganese and silicon-based alloying elements.
Burundi's new project aims at boosting land productivity amid climate challenges
By Globe Banner | Dec 19, 2024
A new project has been launched to enhance land productivity and climate resilience for 1.3 million people in Burundi while creating 42,000 indirect jobs.
IMF approves $24M credit facility for São Tomé & Príncipe
By Globe Banner | Dec 19, 2024
The International Monetary Fund (IMF) Executive Board has approved a 40-month Extended Credit Facility (ECF) arrangement for São Tomé and Príncipe, totaling SDR 18.5 million, approximately US$24 million.
World Bank approves $1.16 billion aid package for Bangladesh's sustainable development
By Globe Banner | Dec 19, 2024
The World Bank has approved $1.16 billion in financing to support Bangladesh's development in health services, water and sanitation, and climate resilience.
U.S GDP grows at annual rate of 3% in Q3 amid rising exports
By Globe Banner | Dec 19, 2024
The U.S. Bureau of Economic Analysis reported that the real gross domestic product (GDP) increased at an annual rate of 3.1 percent in the third quarter of 2024.
ANZ provides financial aid after Vanuatu earthquake
By Globe Banner | Dec 19, 2024
ANZ has introduced a financial relief package for individuals impacted by the recent earthquake in Vanuatu.
World Bank approves $700 million credit for Ethiopian financial sector strengthening
By Globe Banner | Dec 19, 2024
The World Bank has announced a substantial increase in its support for Ethiopia's financial sector through a newly approved $700 million credit from the International Development Association (IDA) for the Financial Sector Strengthening Project...
Pandemic Fund announces third funding round with $500 million grant allocation
By Globe Banner | Dec 19, 2024
The Pandemic Fund has announced a new grant envelope of $500 million for its third round of funding, aimed at enhancing health systems in low- and middle-income countries.
Siemens Mobility secures major rail contracts to enhance Thai public transportation
By Globe Banner | Dec 18, 2024
Siemens Mobility, in collaboration with its consortium partners, has secured significant rail contracts in Thailand aimed at transforming the country's public transportation system.
ANZ expands express payments for faster cross-border transactions
By Globe Banner | Dec 18, 2024
ANZ has announced an enhancement to its ANZ Express Payments service, allowing inbound cross-border payments from all AUD Clearing Services customers up to AUD$500 to be processed in near-real time every day of the week.
Indonesia challenges EU duties on fatty acid imports at WTO
By Globe Banner | Dec 18, 2024
Indonesia has submitted a second request for the establishment of a panel to review the European Union's anti-dumping duties on fatty acids imported from Indonesia.
Macquarie provides €420 million financing to Nadara for renewable energy projects
By Globe Banner | Dec 18, 2024
Macquarie Asset Management has agreed to provide approximately €420 million in debt financing to Nadara, a major renewable independent power producer in Europe.
World Bank leads effort for Ganges River Dolphin conservation
By Globe Banner | Dec 18, 2024
In the waters of the Ganges, Brahmaputra, and Meghna River Basin, the Ganges River Dolphin is struggling for survival.
WHO calls for migrant support on International Migrants Day
By Globe Banner | Dec 18, 2024
On December 18, the World Health Organization (WHO), in collaboration with the International Organisation for Migration (IOM), marked International Migrants Day.
IMF reaches preliminary deal with El Salvador for $1.4 billion extended fund facility
By Globe Banner | Dec 18, 2024
An International Monetary Fund (IMF) staff team has reached a staff-level agreement with El Salvador on a 40-month extended arrangement under the Extended Fund Facility (EFF).
World Bank transitions African mining legislation project leadership after successful decade
By Globe Banner | Dec 18, 2024
As global demand for transition minerals increases, African nations like Burkina Faso, Ghana, Morocco, and the Democratic Republic of Congo are poised to benefit significantly.