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News from 2024


Brazilian schools revamped amid rising temperatures with support from World Bank

Elizangela Dias Ferreira, a resident of Paraiso do Tocantins in Brazil, has seen significant changes at the Juscelino Kubitschek de Oliveira State School over the years.


World Bank Group revisits African development goals after two decades

The World Bank Group (WBG) has released a follow-up report titled "Africa in the 21st Century: Governance and Inclusive Green Growth," revisiting priorities from its 2000 publication, "Can Africa Claim the 21st Century?"


Celtics' charity drive raises $105K for YMCA's diabetes program

Sun Life U.S. and the Boston Celtics concluded their #SunLifeDunk4Diabetes campaign, raising $105,000 for the YMCA of Greater Boston.


KfW appoints Aida Welker to board; extends Dr Velibor Marjanovic's contract

KfW has announced the appointment of Aida Welker to the Management Board of its subsidiary, KfW IPEX-Bank.


Kazakhstan partners with World Bank to enhance water conservation efforts

The Ministry of Water Resources and Irrigation of Kazakhstan and the World Bank have formalized a partnership aimed at improving water resource management and promoting environmental sustainability.


Trade leaders urge inclusion for persons with disabilities

The recent meeting in Geneva highlighted the importance of integrating disability inclusion into global trade discussions.


World Bank approves loan for Maharashtra's economic growth initiative

The World Bank has approved a new loan to support Maharashtra, India's largest state economy, in its efforts to stimulate economic growth, particularly in underdeveloped districts.


Siemens partners with Tietoevry for Nordic power utility digitalization

Siemens and Tietoevry have announced a collaboration to enhance the digitalization of the power utility sector in the Nordic region.


Standard Chartered targets $200 billion net new money with strategic five-year plan

Standard Chartered has announced an ambitious plan to increase its net new money by USD200 billion over the next five years, alongside achieving double-digit growth in Wealth Solutions income.


EU-Mercosur negotiations approach decisive moment at Mercosur Summit

This week is pivotal for the EU-Mercosur agreement as negotiations near a potential conclusion at the upcoming Mercosur Summit.


IMF's Georgieva highlights green energy opportunities at Caribbean forum

December 3, 2024 Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), addressed the High-Level Caribbean Forum to discuss the critical issue of transitioning to green energy in the region.


Consumer confidence reaches highest level since May 2022

Consumer confidence has reached its highest level in 30 months, rising by 2.7 points to 88.4 points last week.


Trade concerns dominate recent Goods Council meeting

The Committee on Trade in Goods (CTG) recently reviewed 35 specific trade concerns, including three new issues.


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.