News from November 2024


WTO outlines reform priorities at APEC ministerial meeting

Deputy Director-General Angela Ellard has outlined progress on the World Trade Organization's (WTO) negotiating and reform priorities during a recent APEC ministerial meeting.


WTO holds first session on landlocked developing countries

The World Trade Organization (WTO) members recently held their first focused session on landlocked developing countries (LLDCs).


Barclays launches index analyzing UK business performance and growth potential

Barclays has introduced the Business Prosperity Index, a new quarterly analysis aimed at assessing business performance and identifying growth opportunities in the UK.


Macquarie sells AGS Airports to AviAlliance for £1.53 billion

Macquarie Asset Management and Ferrovial have announced the sale of AGS Airports to AviAlliance.


Benin's Azôli program empowers youth through job training at Glo-Djigbé Industrial Zone

The Glo-Djigbé Industrial Zone (GDIZ) in Benin is bustling with activity as young people, like Carine Judith Aboua, engage in garment manufacturing.


World Bank updates diagnostic report outlining growth strategies for Croatia

The World Bank Group has released the 2024 update of the Croatia Systematic Country Diagnostic (SCD), building on the initial edition from 2018.


Nagaland sees improved healthcare through community ownership and World Bank support

A few years ago, the Peren District Hospital in Nagaland was in poor condition.


IMF concludes review mission on Paraguay's economic policies

A team from the International Monetary Fund (IMF), led by Mauricio Villafuerte, visited Asunción, Paraguay, from November 5 to 11, 2024.


Yong Wee Loon wins top honors at UOB Southeast Asian Painting Awards

Singaporean artist Yong Wee Loon has been awarded the 2024 UOB Southeast Asian Painting of the Year for his artwork "A Sip Through Time."


IMF reaches staff-level agreement with DRC on credit facility

The International Monetary Fund (IMF) has reached a staff-level agreement with the Democratic Republic of Congo (DRC) on two significant financial arrangements.


Sun Life presents growth strategies at Investor Day 2024

Sun Life Financial Inc. is hosting its Investor Day 2024 in Toronto, presenting its achievements and future plans to investors.


Rwanda releases report on pathways to sustainable economic growth

The Government of Rwanda and the World Bank have released the Rwanda Country Economic Memorandum (CEM), titled “Pathways to Sustainable and Inclusive Growth in Rwanda.” This report highlights Rwanda's economic progress and offers strategies for...


WTO releases reports for Nigeria's trade policy review

The World Trade Organization (WTO) has released documents related to the Trade Policy Review of Nigeria.


IMF and Saudi Arabia announce conference on emerging market challenges

The International Monetary Fund (IMF) and the Kingdom of Saudi Arabia have announced a collaboration to host an annual conference focusing on emerging markets.


Siemens extends Matthias Rebellius’s contract amid company transformation

Siemens AG has announced the extension of Matthias Rebellius's contract, ensuring his continued leadership within the company.


Thai veterans lead after first round of Fubon Senior Open

Thai golfers Prayad Marksaeng and Thammanoon Sriroj share the lead after the first round of the 2024 Fubon Senior Open, each scoring a 2-under-par 70.


ANZ allocates $250K grants through Seeds of Renewal program

ANZ and the Foundation for Rural & Regional Renewal (FRRR) have allocated $250,000 in grants to 22 community groups and not-for-profit organizations through the ANZ Seeds of Renewal program.


FSB emphasizes preparedness against potential bank failures

The Financial Stability Board (FSB) has issued a statement highlighting the importance of resolution planning and loss-absorbing capacity for banks that could be systemically significant or critical if they fail.


Holiday shoppers urged to guard against rising scam threats

As the holiday shopping season approaches, consumers are advised to be vigilant against potential fraud.


DFF CEO: 'There needs to be more collaboration, more unity between nations'

Khalfan Belhoul, CEO of the Dubai Future Foundation (DFF), emphasized the importance of increased "collaboration" and "unity" among "nations, policymakers, investors, entrepreneurs, and the private sector" to address global challenges.