News from December 2024
U.S. county-level GDP sees mixed results for fiscal year ending December
By Globe Banner | Dec 4, 2024
Real gross domestic product (GDP) saw varied changes across U.S. counties in 2023, according to the U.S. Bureau of Economic Analysis.
German SMEs face ongoing decline in business sentiment
By Globe Banner | Dec 4, 2024
The sentiment among German small and medium-sized enterprises (SMEs) continued its downward trajectory in November, marking the sixth consecutive month of decline.
World Bank urges Central African Republic to tackle climate challenges
By Globe Banner | Dec 4, 2024
BANGUI, December 4, 2024 - The World Bank has released a report urging the Central African Republic (CAR) to enhance resilience against climate change and reduce poverty.
ANZ extends discounted financing for clean energy investments with CEFC partnership
By Globe Banner | Dec 4, 2024
ANZ has announced an extension of its collaboration with the Clean Energy Finance Corporation (CEFC), offering business customers a 0.80 percent discount on clean energy finance loans.
Agencies outline strategies against elder financial exploitation
By Globe Banner | Dec 4, 2024
Five federal financial regulatory agencies, the Financial Crimes Enforcement Network (FinCEN), and state financial regulators have issued a statement to provide guidance on combating elder financial exploitation.
Societe Generale announces key appointments within global markets activities
By Globe Banner | Dec 4, 2024
Societe Generale has announced key appointments within its Global Markets Activities.
IDA21 meeting emphasizes collaboration amid global challenges
By Globe Banner | Dec 4, 2024
A significant gathering took place as Axel van Trotsenburg delivered opening remarks at the IDA21 Final Replenishment Meeting.
Siemens partners with Compass Datacenters for scalable data center solutions
By Globe Banner | Dec 4, 2024
Siemens and Compass Datacenters have entered into a multi-year agreement to develop custom electrical solutions, aimed at supporting the rapid scaling of data center construction.
World Bank approves $200M funding to enhance Costa Rican education
By Globe Banner | Dec 4, 2024
The World Bank's Board of Executive Directors has approved new funding to support Costa Rica in enhancing foundational learning, digital competencies, and employability skills for students in public primary and secondary schools.
World Bank reports on CAR's economic stagnation amid security challenges
By Globe Banner | Dec 4, 2024
The World Bank has released a report highlighting the stagnant state of the Central African Republic's economy, with GDP growth projected at 0.7% for 2024.
Siemens celebrates inventors' contributions across diverse fields
By Globe Banner | Dec 4, 2024
Siemens has recognized the achievements of its leading inventors for 2024, highlighting innovations that impact various sectors.
FSB plenary discusses global finance issues in Hong Kong
By Globe Banner | Dec 4, 2024
The Financial Stability Board (FSB) Plenary convened in Hong Kong over two days to discuss global financial stability and other key issues.
Montenegro faces urgent need for investment in climate resilience
By Globe Banner | Dec 4, 2024
Montenegro is facing serious climate challenges, including frequent floods, earthquakes, landslides, and increasingly severe droughts, wildfires, and heatwaves.
World Bank report shows modest growth in Afghan economy amid persistent challenges
By Globe Banner | Dec 4, 2024
The Afghan economy is experiencing moderate growth, but challenges persist, according to the World Bank's latest Afghanistan Development Update.
Bio24 Social wins KfW people's choice award for tackling loneliness
By Globe Banner | Dec 4, 2024
The startup Bio24 Social from Mecklenburg-Western Pomerania has been awarded the people's choice award as part of the KfW Entrepreneurs' Award.
Brazil introduces bill for national Bitcoin reserve
By Globe Banner | Dec 4, 2024
On November 25, 2024, Eros Biondini, a member of the Chamber of Deputies of Brazil, introduced the Reserva Estratégica Soberana de Bitcoins (RESBit) legislation.
World Bank approves $70M project for Morocco's social protection reform
By Globe Banner | Dec 4, 2024
The World Bank has approved a $70 million project to support Morocco's social protection reform.
World Bank report highlights inequality challenges hindering Africa's poverty reduction
By Globe Banner | Dec 4, 2024
Unequal access to jobs, finance, and public services is hindering poverty reduction in Sub-Saharan Africa, according to a World Bank report released on December 4, 2024.
Taiwan's FSC announces new regulations for virtual asset service providers
By Globe Banner | Dec 4, 2024
Taiwan’s Financial Supervisory Commission (FSC) has announced new regulations aimed at enhancing compliance for virtual asset service providers (VASPs) under the nation's anti-money laundering (AML) framework.
Washington Examiner Op-Ed: 'Trump - and any future U.S. leader - would be wise to avoid entangling themselves in (former Pakistani Prime Minister Imran) Kahn's saga'
By Globe Banner | Dec 3, 2024
A Washington Examiner opinion piece this week said that President-elect Donald Trump should "avoid entangling" himself in the affairs of former Pakistani Prime Minister Imran Kahn.