News from 2024


Overcoming psychological barriers in charitable giving

Philanthropy is undergoing significant changes, driven by societal shifts and an unprecedented wealth transfer.


IMF reviews The Gambia's extended credit facility amid strengthening economic recovery

The International Monetary Fund (IMF) Executive Board has completed the second review of The Gambia's Extended Credit Facility (ECF).


World Bank report addresses challenges in Central Africa's forestry sector

The World Bank has released the seventh edition of the CEMAC Economic Barometer, a report analyzing economic conditions in the Central African Economic and Monetary Community (CEMAC) region.


EU-Switzerland deal updates sectoral participation in Single Market

The European Union and Switzerland have reached a consensus on a set of agreements that facilitate Swiss companies' involvement in the Single Market.


IMF approves sixth review of extended fund facility for Ukraine

The International Monetary Fund (IMF) Executive Board has completed the sixth review of Ukraine's Extended Fund Facility (EFF), allowing the country to access an additional US$1.1 billion.


IMF completes first review under ECF arrangement for Togo

The International Monetary Fund (IMF) Executive Board has completed the first review of Togo's Extended Credit Facility (ECF) arrangement, enabling an immediate disbursement of SDR 44.0 million, approximately US$ 58.7 million, for budget support.


World Bank supports Amaravati's growth into an economic hub

The Government of India has sought assistance from the World Bank to develop Amaravati as a new economic hub and state capital for Andhra Pradesh.


Crystal Simeoni shares wisdom with African women economists at TAP-AAAWE webinar

Recently, the Think Africa Partnership (TAP) and the Association for the Advancement of African Women Economists (AAAWE) hosted a webinar titled "African Women in the Economics Profession."


BlackRock Foundation supports economic mobility in underserved rural communities

The BlackRock Foundation has announced a $1.5 million grant over two years to Partners for Rural Impact (PRI), a national organization focused on improving outcomes for children and youth in rural communities across the United States.


World Bank approves $800M loan for Amaravati City development

The World Bank's Board of Executive Directors has approved an $800 million program to support the development of Amaravati City in Andhra Pradesh, India.


Coinbase CLO: 'The incoming administration has the opportunity to reverse so many poor crypto policy decisions'

Paul Grewal, Chief Legal Officer at Coinbase, said in a December 6 post on X that the incoming administration has the opportunity to reverse regulatory decisions that have negatively impacted the cryptocurrency industry.


Binance and Circle announce strategic partnership to advance USDC adoption and crypto innovation

Circle and Binance have announced a strategic partnership to expand the availability of USD Coin (USDC) on Binance’s platform for trading, saving, and payments.


ANZ withdraws resolution on CEO's long-term remuneration at AGM

ANZ has disclosed the direct and proxy votes received for each resolution ahead of its Annual General Meeting.


ANZ chairman addresses financial performance and non-financial risks at annual general meeting

Good morning ladies and gentlemen, Paul O’Sullivan, Chairman of ANZ, addressed the 2024 Annual General Meeting of ANZ Group Holdings Limited.



J.P. Morgan tops digital experience study for wealth management

J.P. Morgan Wealth Management has been recognized as the top firm in customer satisfaction for both self-directed and full-service investors, according to the J.D. Power 2024 U.S. Wealth Management Digital Experience Study.


World Bank calls for fiscal reform to boost Turkish Cypriot economy

The World Bank has released a series of reports addressing the economic conditions in the Turkish Cypriot community, highlighting a decline in living standards from 2014 to 2021.


DEG grants EUR 30 million loan for JK Tyre's sustainable expansion

DEG has announced a long-term loan of EUR 30 million to JK Tyre Industries Ltd (JKTIL), an Indian tyre manufacturer.


World Bank funds Moroccan agriculture program for climate resilience

The World Bank has announced the approval of $250 million for the Morocco Transforming Agri-food Systems Program.


World Bank report highlights clean-tech export potential in Central Eastern Europe

Clean technology exports from Central and Eastern Europe have the potential to significantly increase, enhancing the EU economy and its global standing, according to the latest EU Regular Economic Report by the World Bank.