News from October 2021
Statement by the IMF Spokesperson on the Ongoing Review by the IMF Executive Board on the Report on ‘Investigation of Data Irregularities in Doing Business 2018 and Doing Business 2020’
By Hayley Flynn | Oct 4, 2021
Press release: The IMF Executive Board met today with the representatives of the law firm WilmerHale as part of its ongoing review of the matter raised by WilmerHale’s investigation of the World Bank’s Doing Business 2018 report.
Statement by IMF African Department Director Abebe Aemro Selassie on Meeting with President Lazarus McCarthy Chakwera of the Republic of Malawi
By Hayley Flynn | Oct 4, 2021
Press release: Mr. Abebe Aemro Selassie, Director of the African Department at the International Monetary Fund (IMF) today met with President Lazarus McCarthy Chakwera of Malawi.
IMF Staff Completes 2021 Article IV Consultation Mission to Algeria
By Hayley Flynn | Oct 4, 2021
Press release: The Algerian authorities have implemented several measures to mitigate the impact of the Covid-19 pandemic and stepped up their vaccination campaign since July.
‘We need to move forward’: 500,000 containers stuck at LA port
By Emily Bevard | Oct 4, 2021
With an estimated 500,000 containers on cargo ships at the Los Angeles and Long Beach ports, CBS LA reports they need to speed up wait times and have help ready to offload the ships.
Farming initiatives in California could increase US coffee production
By Emily Bevard | Oct 4, 2021
With the U.S being the biggest coffee buyer in the world, USA Today reports a farming initiative brewing in California could increase U.S. production of coffee.
Trinidad and Tobago Implements the International Monetary Fund’s Enhanced General Data Dissemination System
By Hayley Flynn | Oct 4, 2021
Press release: Trinidad and Tobago has implemented the recommendations of the IMF’s Enhanced General Data Dissemination System (e-GDDS) by publishing essential data through the National Summary Data Page (NSDP).
McDermott joins hydrogen energy coalition in North Sea
By David Beasley | Oct 4, 2021
McDermott,a Houston-based engineering firm, has joined a group of companies and organizations collaborating on green hydrogen energy production in the North Sea, a news release said.
Texas-based supply chain company Overhaul plans expansion to Europe, Latin America
By David Beasley | Oct 4, 2021
A Texas-based supply chain company, Overhaul, is expanding to Europe and Latin America.
ANZ CEO discusses housing market risks and economic resilience amid pandemic
By Globe Banner | Oct 4, 2021
Neil Mitchell, a broadcaster at 3AW, recently interviewed Shayne Elliott, the Chief Executive of ANZ Bank.
Sotheby's International Realty expands to Morocco
By David Beasley | Oct 4, 2021
Sotheby's International Realty is expanding to Morocco.
U.S. cybersecurity company Sectigo forms partnership with Australian consulting firm
By David Beasley | Oct 3, 2021
Sectigo, a U.S.-based cybersecurity company, has formed a partnership with Thomas Peer, a services management consulting firm in Australia and New Zealand.
Nonprofit WorldAtWork expands footprint to the Middle East, North Africa
By David Beasley | Oct 3, 2021
WorldatWork, a U.S.-based nonprofit training organization, has formed a partnership with Talent at Work LLC, an education management organization based in the United Arab Emirates, according to a news release.
U.S. nonprofit working on sustainable farming expanding to Australia
By David Beasley | Oct 3, 2021
Leading Harvest, a U.S.-based nonprofit which promotes sustainable farming and food production, is launching a pilot program in Australia.
Israeli company that works to make internet more accessible opens New York office
By David Beasley | Oct 3, 2021
Israeli technology company accessiBe, which specializes in products and services that make the Internet more accessible to the disabled, is opening an office in Midtown Manhattan, it announced in a news release.
Flexible workplace provider Deskpass expands to Canada
By David Beasley | Oct 3, 2021
Deskpass, a Chicago-based company that provides flexible work spaces, is expanding into Canada.
Transport industry groups warn of global 'shipping collapse' if pandemic travel restrictions persist
By Solange DeLisle | Oct 3, 2021
Industry groups that represent people who are employed to move goods have warned there could soon be a "shipping collapse" if governments around the world don't allow transport workers to move freely and have priority access to vaccinations.
Sony acquires Bluepoint Games to create original games for PlayStation
By Glenn Minnis | Oct 3, 2021
The company known for classic remakes of PlayStation titles will now be creating original games for Sony.
Western Union 'delighted' to team up with financial institutions in Africa
By Solange DeLisle | Oct 3, 2021
Millions of additional consumers will now be able to easily send and receive money across borders fast no matter what time of the day or night thanks to a new partnership Western Union has formed with large financial institutions in Africa.
Franklin Templeton 'excited' to acquire O’Shaughnessy Asset Management
By Solange DeLisle | Oct 3, 2021
Global investment firm Franklin Templeton announced at the end of September a deal in which the company has acquired Connecticut-based O'Shaughnessy Asset Management, LLC (OSAM).
Pipe launches its services to 'the burgeoning ecosystem' of UK tech firms
By Andy Nghiem | Oct 3, 2021
Trading platform company Pipe recently announced that it has launched operations in the U.K. as part of its global expansion plan.