News from November 2024
Bosnia's climate report urges $12B investment for resilience and net-zero targets
By Globe Banner | Nov 19, 2024
The recent Country Climate and Development Report (CCDR) for Bosnia and Herzegovina (BiH) outlines the country's pressing climate risks, including frequent floods, wildfires, and severe air pollution.
Sun Life partners with TWCC for job creation in Winnipeg
By Globe Banner | Nov 19, 2024
Sun Life and Tribal Wi-Chi-Way-Win Capital Corporation (TWCC) have announced a new partnership aimed at fostering economic growth and job creation in Winnipeg.
ANZ forecasts over $1.54B spending during Black Friday-Cyber Monday weekend
By Globe Banner | Nov 19, 2024
ANZ anticipates a significant increase in spending during the 2024 Black Friday and Cyber Monday sales, with projections exceeding $1.54 billion.
Korea pledges increased support to World Bank's IDA during G20 Summit
By Globe Banner | Nov 18, 2024
The Republic of Korea has pledged a significant increase in its contribution to the World Bank's International Development Association (IDA) during the G20 Summit in Rio de Janeiro.
IMF reviews Malta's economy amid continued strong growth
By Globe Banner | Nov 18, 2024
Malta has seen significant economic growth over the last ten years, according to the preliminary findings of an International Monetary Fund (IMF) mission.
Women-led MSMEs focus of joint solutions lab on intellectual property
By Globe Banner | Nov 18, 2024
The second session of the Joint Solutions Lab, titled "Empowering Women-led MSMEs: Unlocking Growth through Intellectual Property," took place on November 18, 2024.
Nordea completes acquisition of Danske Bank's Norwegian personal banking business
By Globe Banner | Nov 18, 2024
Nordea has finalized the acquisition of Danske Bank's personal customer and private banking business in Norway.
IMF reviews Oman's economic progress amid reform efforts
By Globe Banner | Nov 18, 2024
An International Monetary Fund (IMF) staff team, led by César Serra, conducted the 2024 Article IV consultation in Muscat from October 30 to November 13.
Korea increases contribution to World Bank's International Development Association by 45
By Globe Banner | Nov 18, 2024
The Republic of Korea has announced a significant increase in its contribution to the World Bank’s International Development Association (IDA) during the G20 Summit in Rio de Janeiro.
FSB chair urges G20 leaders to fully implement agreed reforms
By Globe Banner | Nov 18, 2024
The Financial Stability Board (FSB) has released a letter from its Chair, Klaas Knot, addressed to G20 leaders ahead of their summit in Rio de Janeiro on November 18-19.
IMF's Kristalina Georgieva addresses G20 summit on financial strength and inclusivity
By Globe Banner | Nov 18, 2024
November 18, 2024 Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), addressed the G20 Leaders' Summit in Rio de Janeiro, Brazil.
Trade group reviews strides toward gender equality
By Globe Banner | Nov 18, 2024
The Informal Working Group on Trade and Gender has reviewed its achievements for 2024, marking significant progress in advancing gender equality within international trade.
Siemens enhances additive manufacturing options on Xcelerator Marketplace
By Globe Banner | Nov 18, 2024
Siemens has announced the expansion of its additive manufacturing offerings on the Siemens Xcelerator Marketplace.
Empowering women-led MSMEs through intellectual property: A focus on global challenges
By Globe Banner | Nov 18, 2024
Ambassador Matthew Wilson of Barbados moderated a session focused on empowering women entrepreneurs, particularly in micro, small, and medium-sized enterprises (MSMEs), to utilize intellectual property (IP) as a business tool.
Norway pledges increased support for IDA at G20 summit
By Globe Banner | Nov 18, 2024
Norway has announced an early pledge to the International Development Association (IDA) during the G20 Summit in Rio de Janeiro.
Banks finance Mainova WebHouse's sustainable data centers in Frankfurt
By Globe Banner | Nov 18, 2024
A consortium of banks, including ING, Investec, KfW, KfW IPEX-Bank, Kommunalkredit, LBBW, NORD/LB, and SEB, has agreed to provide EUR 475 million in debt financing to Mainova WebHouse.
UOB partners with Disney Cruise Line for special benefits across ASEAN
By Globe Banner | Nov 18, 2024
UOB has announced a collaboration with Disney Cruise Line, marking it as the first bank in the ASEAN region to offer special benefits to its cardholders for booking Disney Adventure cruise vacations.
U.S. Embassy advises caution amid scheduled protest in Bratislava
By Globe Banner | Nov 17, 2024
The U.S. Embassy has issued a notice to American citizens regarding a protest scheduled for November 17, 2024, in Bratislava.
Fed faces challenges as treasury yields rise despite rate cuts
By Globe Banner | Nov 16, 2024
The Federal Reserve's recent interest rate cuts have not led to the expected decrease in longer-term Treasury yields, posing a challenge for Fed Chair Jerome Powell.
APEC leaders discuss economic challenges amid slowing growth
By Globe Banner | Nov 16, 2024
Thank you, President Boluarte, for inviting me to today’s APEC Leaders’ retreat.