News from 2021
IMF and Niger reach staff-level agreement on a new economic program
By Andrew Kanyegirire | Nov 2, 2021
An International Monetary Fund (IMF) staff team led by Mr. Ari Aisen held virtual meetings from October 25 to November 1, 2021 to conclude discussions on IMF financial support via an Extended Credit Facility in support of the authorities’ economic reform program.
IMF executive board concludes 2021 Article IV consultation with St. Kitts and Nevis
By Randa Elnager | Nov 2, 2021
On September 13, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with St. Kitts and Nevis.
IMF releases the 2021 Financial Access Survey results
By David Sharrock | Nov 2, 2021
On November 1st, 2021, the International Monetary Fund released the results of the twelfth annual Financial Access Survey (FAS). [1] The survey results reveal considerable expansion in the usage of digital financial services during the pandemic, while the usage of traditional financial services remained stable.
Kumu social media platform lines up Series C funding to fuel growth
By David Hutton | Nov 1, 2021
Launched in 2018, the Kumu social media platform has grown into largest in Philippines.
Personal income and outlays, September 2021
By Press Release | Oct 29, 2021
Personal income decreased $216.2 billion (1.0 percent) in September according to estimates released today by the Bureau of Economic Analysis (tables 3 and 5). Disposable personal income (DPI) decreased $236.9 billion (1.3 percent) and personal consumption expenditures (PCE) increased $93.4 billion (0.6 percent).
IMF management approves a Staff-Monitored Program for the union of the Comoros
By Andrew Kanyegirire | Oct 29, 2021
On September 29, 2021, the Management of the International Monetary Fund (IMF) approved a Staff-Monitored Program (SMP) for Comoros for the period July - December 2021.
CDPP halts proceedings against ANZ and Rick Moscati
By Globe Banner | Oct 29, 2021
ANZ has expressed approval of the Commonwealth Director of Public Prosecutions' decision to cease legal proceedings against both the bank and Rick Moscati.
ANZ offers support to Victorian customers hit by severe storms
By Globe Banner | Oct 29, 2021
ANZ has introduced a financial assistance package to support customers in Victoria affected by recent severe storms.
World Bank Online: Global Wealth Has Grown, But at the Expense of Future Prosperity: World Bank
By 'Online Media Briefing Center' via News GlobeBanner | Oct 29, 2021
In the case of an embargo break, the reporter and their organization will be denied access to the Online Media Briefing Center for six months.
WHO backing program to provide COVID-19 pills, vaccines for poor countries
By David Hutton | Oct 28, 2021
WHO chief Tedros Adhanom Ghebreyesus said treating COVID-19 in underdeveloped countries is “not a supply problem”
Gross Domestic Product, third quarter 2021 (advance estimate)
By Press Release | Oct 28, 2021
Real gross domestic product (GDP) increased at an annual rate of 2.0 percent in the third quarter of 2021 (table 1), according to the "advance" estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP increased 6.7 percent.
ANZ outlines strategic focus amid industry shifts during annual results announcement
By Globe Banner | Oct 28, 2021
ANZ CEO Shayne Elliott delivered the 2021 full-year results, highlighting the company's readiness for future opportunities despite current challenges.
Joint action needed to secure the recovery
By Press Release | Oct 28, 2021
G20 should lead in sharing vaccine doses, helping developing countries financially, and committing to reaching net-zero carbon emissions by mid-century.
ANZ reports strong profit growth amid pandemic recovery
By Globe Banner | Oct 28, 2021
ANZ has reported a significant rise in its statutory profit after tax for the year ending September 30, 2021.
ANZ reports fiscal results highlighting strategy execution amid evolving market conditions
By Globe Banner | Oct 28, 2021
Thank you, Shayne, and hello everyone.
IMF team and the authorities from the Democratic Republic of Congo reach staff-level agreement on the first review under the Extended Credit Facility
By Meera Louis | Oct 27, 2021
An International Monetary (IMF) team, led by Ms. Mercedes Vera Martin, conducted virtual discussions (October 4-13) and meetings with the authorities in Kinshasa during October 20-27, on the first review under the three-year arrangement under the Extended Credit Facility (ECF).
Daimler Media Site: New press releases available
By 'Daimler Media Site' via News GlobeBanner | Oct 27, 2021
The Center of Competence 3D-Printing at Daimler Buses is expanding its portfolio and is now also offering additive manufacturing services to customers of other industries.
Google pays Russian fines over alleged 'censorship' violations
By David Hutton | Oct 26, 2021
Tech giant forced to pay more than $455,000 in fines after it failed to follow censorship rules
IMF pulls back economic growth outlook for Asia
By David Hutton | Oct 26, 2021
As storm clouds gather amid supply chain worries and the potential for a new wave of COVID-19 infections, the International Monetary Fund is reining in its economic growth forecast for Asia.
Surging energy prices may not ease until next year
By Andrea Pescatori | Oct 26, 2021
Soaring natural gas prices are rippling through global energy markets—and other economic sectors from factories to utilities.