News from November 2024


Consumer confidence declines amid rising inflation expectations

Consumer confidence experienced a decline last week, dropping by 1.1 points to reach 85.7 points.


Financial Stability Board releases unchanged list of global systemically important banks

The Financial Stability Board (FSB) has released the 2024 list of global systemically important banks (G-SIBs), with no changes in the number of institutions included.


World Bank funds $250 million project for Morocco's solid waste management

The World Bank has approved a new $250 million program aimed at enhancing Morocco's municipal solid waste management system.


ANZ teams up with DataCo for customer insights through new venture

ANZ has entered a strategic partnership with DataCo, the first commercialized business to emerge from ANZ's external innovation and investment partner, 1835i.


Standard Chartered's trade institute receives accreditation from LIBF

Standard Chartered has announced that its Trade Institute has received full accreditation from the London Institute of Banking and Finance (LIBF).


World Bank approves $200 million project to boost Costa Rica's social protection

The World Bank has approved a project to enhance Costa Rica's social protection system, aiming to improve its targeting and efficiency.


Albania urged to invest $6 billion in climate adaptation over next decade

Albania faces significant challenges from climate change, with the country experiencing high levels of disaster risk and exposure among European nations.


BMO launches augmented reality shopping for holiday gifts

BMO has announced the return of its Wrap the Good campaign, highlighting holiday gift ideas from businesses owned by individuals from traditionally underrepresented communities.


Governments urged to enhance analytical capabilities for improved decision-making

Governments in Latin America and the Caribbean are confronting significant development challenges, such as insufficient economic growth, inflation, and institutional weaknesses.


Binance partners with Bitcoin MENA 2024 as Moon sponsor

Binance has announced its partnership with Bitcoin MENA 2024 as the Moon sponsor.


World Bank highlights need for $6 billion investment in Albania's climate resilience

Albania is poised to enhance its resilience against climate change and explore new economic avenues through strategic investments, as highlighted in the World Bank Group’s Country Climate and Development Report for Albania.


Egypt aims for growth through comprehensive climate action

Egypt is positioning itself to harness economic growth through climate action, aiming to transform its cities into resilient centers that attract investment and enhance the quality of life.


Türkiye launches platform for industrial decarbonization with international partners

The Ministry of Industry and Technology of the Republic of Türkiye, in collaboration with the European Bank for Reconstruction and Development (EBRD), the International Bank for Reconstruction and Development (IBRD), and the International Finance...


World Bank outlines key reforms needed for Moldovan economic growth

CHISINAU, November 25, 2024 – The World Bank and the Ministry of Economic Development and Digitalization of Moldova have released a new report detailing essential reforms for boosting the country's economic growth.


J.P. Morgan releases expanded NextList2025 featuring experiences and books

J.P. Morgan has released its NextList2025, a curated selection of experiences and books expected to capture attention during the holiday season and beyond.


World Bank funds Indian project for sustainable forestry development

The World Bank's Board of Executive Directors has approved a new project aimed at improving forest management and enhancing forest value chains in Tripura and Nagaland, India.


Judith Green named as World Bank's country manager for Malaysia

Kuala Lumpur, Malaysia — The World Bank Group has appointed Judith Green as the Country Manager for Malaysia.


IMF concludes Article IV consultation with Tonga amid economic improvements

On November 6, the Executive Board of the International Monetary Fund (IMF) concluded its Article IV consultation with the Kingdom of Tonga.


Development banks unite against gender-based violence on international awareness day

Gender-based violence (GBV) continues to be a global issue despite international efforts to combat it.


New sectoral profiles reveal insights into manufacturing trade linkages

Each sectoral profile provides insights into the trade linkages within manufacturing industries, focusing on the inputs for exports and key trends in global value chain (GVC) participation.