News from 2024
RBC forecasts complex equities landscape amid potential Fed policy shifts
By Globe Banner | Dec 6, 2024
The global equity markets have experienced a rally over the past two years, and RBC Wealth Management suggests that this trend may continue into 2025.
FSB Sub-Saharan Africa Group addresses fraud prevention amid rising scams
By Globe Banner | Dec 6, 2024
The Financial Stability Board (FSB) Regional Consultative Group for Sub-Saharan Africa convened on December 6 in Cape Town, hosted by the South African Reserve Bank.
World Bank approves $30 million aid for The Gambia's economic reforms
By Globe Banner | Dec 6, 2024
The World Bank Group has approved $30 million in financing from the International Development Association (IDA) to assist The Gambia in enhancing its productivity and economic governance.
WTO concludes advanced trade policy course in Geneva
By Globe Banner | Dec 6, 2024
An advanced trade policy course organized by the World Trade Organization (WTO) concluded in Geneva after an intensive eight-week program.
IMF board discusses strategy to enhance fund communication
By Globe Banner | Dec 6, 2024
On November 22, 2024, the Executive Board of the International Monetary Fund (IMF) convened to discuss a paper reviewing the IMF's Communication Strategy.
EU-Mercosur political agreement hailed as significant step forward
By Globe Banner | Dec 6, 2024
After years of challenging negotiations, the European Union and Mercosur have reached a political agreement.
World Bank's Anna Bjerde outlines goals at IDA21 replenishment meeting
By Globe Banner | Dec 6, 2024
Seoul, Korea - December 5, 2024 At the conclusion of the IDA21 replenishment process, Anna Bjerde, World Bank Managing Director of Operations, addressed the meeting by expressing gratitude for the participants' dedication to aiding the world's...
IDA secures $23.7 billion for development projects amid global challenges
By Globe Banner | Dec 6, 2024
The International Development Association (IDA) has announced a significant achievement with the successful completion of its 21st replenishment, securing $23.7 billion in donor contributions.
ANZ appoints Sam Garland as group general manager for internal audit
By Globe Banner | Dec 6, 2024
ANZ has announced the appointment of Sam Garland as Group General Manager, Internal Audit.
German-African Business Summit focuses on collaboration opportunities
By Globe Banner | Dec 6, 2024
The German-African Business Summit (GABS) took place in Nairobi, Kenya, from December 2nd to 4th, 2024.
WTO discusses growth potential of global services trade
By Globe Banner | Dec 6, 2024
In a recent meeting of the Council for Trade in Services, members discussed the report "Trade in Services for Development," co-published by the WTO Secretariat and the World Bank.
IMF completes reviews enabling $198M disbursement to Honduras
By Globe Banner | Dec 6, 2024
The International Monetary Fund (IMF) Executive Board has completed the first and second reviews of Honduras' arrangements under the Extended Fund Facility and Extended Credit Facility.
French-speaking Africa concludes regional WTO workshop on food safety
By Globe Banner | Dec 6, 2024
The regional WTO SPS workshop for French-speaking Africa concluded in Rabat, aiming to improve officials' understanding and implementation of transparency obligations under the SPS Agreement.
Uzbekistan advances toward 2026 WTO membership amid ongoing negotiations
By Globe Banner | Dec 6, 2024
A high-level delegation from Uzbekistan, led by Azizbek Urunov, Special Representative of the Uzbek President on WTO issues and Chief Negotiator for WTO accession, participated in negotiations in Geneva.
Jordan investigates impact of imported footwear on local industry
By Globe Banner | Dec 6, 2024
Jordan has initiated a safeguard investigation concerning the import of safety and protective footwear.
Prudential announces second phase of $2 billion share buyback
By Globe Banner | Dec 5, 2024
Prudential plc has announced the commencement of the second tranche of its US$ 2 billion share buyback programme, allocating US$ 800 million for this phase.
WTO highlights success in technical assistance programmes throughout 2024
By Globe Banner | Dec 5, 2024
DDG Zhang highlighted the achievements of three significant WTO technical assistance programs in 2024.
WTO releases report on agricultural import measures in Panama
By Globe Banner | Dec 5, 2024
The World Trade Organization (WTO) has released a panel report concerning agricultural import measures in Panama.
Growth Fund Germany commits over half target volume within first year
By Globe Banner | Dec 5, 2024
Around one year after its final closing, the Growth Fund Germany has committed more than half of its target volume of EUR 567 million to 29 venture capital funds as of November 30, 2024.
Côte d'Ivoire transforms debt strategy with World Bank support
By Globe Banner | Dec 5, 2024
Côte d’Ivoire, once one of Africa's fastest-growing economies with an annual growth rate of 8% from 2012 to 2019, is taking steps to reshape its debt management strategies.