News published on Globe Banner in December 2024

News from December 2024


ING updates progress on €2 billion share buyback program

ING has provided an update on its ongoing €2.0 billion share buyback program, initially announced on October 31, 2024.


Morocco's efforts aim to preserve oases amid climate challenges

Morocco's oases are more than just a symbol of life in the desert.


Hybrid event highlights disability-inclusive trade

The intersection of trade and disability inclusion was the focus of a hybrid event held on the International Day of Persons with Disabilities.


Saudi Arabia partners with World Bank Group to launch Knowledge Hub in Riyadh

The Kingdom of Saudi Arabia and the World Bank Group have signed an agreement to establish a Knowledge Hub in Riyadh.


UK economy faces challenges amid low stock market valuations

The UK economy is facing challenges, but the stock market's low valuations may offer long-term opportunities.


Macquarie Asset Management unveils investment outlook for 2025

Macquarie Asset Management has released its Outlook 2025 report, offering insights into the factors expected to shape the investment landscape and asset class performance in the coming year.


BlackRock acquires HPS Investment Partners for $12 billion in equity deal

BlackRock, a prominent investment management firm, has announced its agreement to acquire HPS Investment Partners for approximately $12 billion.


Survey shows growth expected in sustainable investing over next two years

A recent survey conducted by the Morgan Stanley Institute for Sustainable Investing indicates that a significant majority of institutional investors anticipate growth in sustainable assets over the next two years.


Cinema boosts drive UK entertainment spend despite economic challenges

Consumer spending in the UK experienced a mixed performance in November, according to the latest Barclays Consumer Spend report.


ING acknowledges 2024 EU-wide Transparency Exercise outcome

ING Groep N.V. has acknowledged the announcements made by the European Banking Authority (EBA) and the European Central Bank (ECB) concerning the 2024 EU-wide Transparency Exercise.


World Bank official reflects on tenure in Albania

Emanuel Salinas, the outgoing World Bank Country Manager for Albania, shared his experiences and reflections on his tenure in an interview originally broadcasted by A2CNN TV station.


NCUA announces board meeting schedule for upcoming year

The National Credit Union Administration (NCUA) Board has announced its meeting schedule for 2025.


IMF completes third review under extended credit facility arrangement with Ghana

The International Monetary Fund (IMF) Executive Board has completed the third review of Ghana's Extended Credit Facility (ECF) arrangement, a $3 billion program over 36 months that began in May 2023.


Middle powers urged by WTO chief to defend multilateral trading system

The Director-General of the World Trade Organization (WTO), Ngozi Okonjo-Iweala, recently addressed an audience in Singapore, urging middle powers to play a more active role in defending and reforming the multilateral trading system.


Battery-powered trains debuting in North Rhine-Westphalia by summer 2026

The first battery-powered trains for North Rhine-Westphalia are set to begin service in 2026, marking a significant step towards environmentally friendly transportation.



Croatia increases financial commitment to International Development Association by 115

The Government of Croatia has announced a significant increase in its financial commitment to the International Development Association (IDA) for the 21st replenishment cycle, known as IDA21.


E*TRADE unveils new sector rotation study for S&P 500

E*TRADE from Morgan Stanley has released the latest data from its monthly sector rotation study.


U.S. Consulate offers passport and notarial services in Cuenca

The U.S. Consulate General in Guayaquil has announced that its representatives will offer notarial and passport services in Cuenca on December 17 and 18, 2024.


Croatia boosts support for global development with increased pledge to IDA21

The Government of Croatia has announced a substantial increase in its financial commitment to the International Development Association (IDA) for the 21st replenishment cycle, known as IDA21.