News from 2024
Families urged to discuss finances during holiday gatherings
By Globe Banner | Nov 22, 2024
The holiday season is often seen as a time for relaxation and family gatherings.
European regulator tightens oversight on crypto providers while traditional finance faces persistent money laundering issues
By Globe Banner | Nov 22, 2024
The European Banking Authority (EBA) released new guidelines on November 14 for Payment Service Providers (PSPs) and Crypto-Asset Service Providers (CASPs) to ensure adherence to the European Union’s restrictive measures regimes. These guidelines are designed to enhance oversight in the crypto sector and mitigate financial crime risks.
UK poised to unveil crypto regulations amid pressure to retain industry
By Globe Banner | Nov 22, 2024
The UK government is set to launch long-anticipated cryptocurrency regulations aimed at enhancing the country’s appeal as a digital asset hub. Focused on stablecoins and staking, the new framework seeks to prevent startups from moving operations to the United States, where President Donald Trump’s pro-crypto stance has made the environment increasingly attractive.
Somalia faces revenue challenges as it rebuilds social contract
By Globe Banner | Nov 22, 2024
State-building and legitimacy in countries emerging from fragility are closely linked to the concept of a social contract.
Fubon Life and Fubon Insurance receive seven awards from Financial Supervisory Commission
By Globe Banner | Nov 22, 2024
The Financial Supervisory Commission recently recognized Fubon Life and Fubon Insurance for their contributions to inclusive finance, awarding them a total of seven honors.
WTO discusses simplifying rules of origin to boost exports from least developed countries
By Globe Banner | Nov 22, 2024
Members of the Committee on Rules of Origin (CRO) have engaged in discussions aimed at facilitating trade through simplified rules of origin for Least Developed Countries (LDCs).
WTO advances Bosnia's accession talks amid legislative developments
By Globe Banner | Nov 22, 2024
The World Trade Organization (WTO) delegation visited Sarajevo to advance the accession negotiations of Bosnia and Herzegovina.
AIA names Fisher Zhang regional chief executive
By Globe Banner | Nov 22, 2024
AIA Group Limited has announced the appointment of Fisher Zhang as Regional Chief Executive.
IMF reviews Nicaragua's economy: robust growth amid challenges
By Globe Banner | Nov 22, 2024
A recent International Monetary Fund (IMF) mission to Nicaragua concluded with a statement highlighting the country's economic performance and outlook.
IMF reaches staff-level agreement on third review of Sri Lanka's fund facility
By Globe Banner | Nov 22, 2024
An International Monetary Fund (IMF) team led by Peter Breuer, Senior Mission Chief for Sri Lanka, visited Colombo from November 17 to 23, 2024.
Societe Generale sets EUR 500 billion sustainable finance target for environmental transition
By Globe Banner | Nov 22, 2024
Societe Generale has announced its intention to accelerate its efforts in supporting the environmental transition, aligning with its ESG policy.
Sun Life partners with TWCC to expand job opportunities in Winnipeg
By Globe Banner | Nov 22, 2024
A partnership between Sun Life and Tribal Wi-Chi-Way-Win Capital Corporation (TWCC) is set to create over 175 jobs in Winnipeg.
China-funded internships support least developed countries at Geneva mission
By Globe Banner | Nov 22, 2024
Participants in a China-funded internship program recently visited the Chinese Mission in Geneva.
KfW revises Germany's GDP growth forecasts amid rising uncertainties
By Globe Banner | Nov 22, 2024
KfW Research has revised its economic growth forecasts for Germany, adjusting the expected gross domestic product (GDP) growth rate for 2025 to 0.5%, down from the previously anticipated 1.0%.
IMF reaches staff-level agreement on Suriname's economic reform program
By Globe Banner | Nov 22, 2024
An International Monetary Fund (IMF) team, led by Ms.
IMF discusses final review of South Sudan's staff-monitored program amid economic challenges
By Globe Banner | Nov 22, 2024
On November 15, 2024, the Executive Board of the International Monetary Fund (IMF) held discussions regarding the third and final review of South Sudan's Staff-Monitored Program with Board Involvement (PMB).
World Bank advises on Vietnam's shift towards electric mobility
By Globe Banner | Nov 22, 2024
Transitioning to electric vehicles (EVs) in Viet Nam requires strategic policy and investment across five key areas, according to a new World Bank report.
Amazon announces pro bono efforts in vacating criminal convictions
By J. D. Suayan | Nov 21, 2024
Amazon has released its 2024 Pro Bono Report, highlighting the company's community impact over the past year and reflecting on a decade of service.
BlackRock funds Learn To Earn Dayton's expansion into eight Ohio school districts
By Globe Banner | Nov 21, 2024
The BlackRock Foundation has announced a $1 million grant to Learn to Earn Dayton, aimed at expanding the Pathways for Accelerated College and Career Experience (PACCE) program.
Facilitator calls for practicality as WTO dispute reform talks reach critical stage
By Globe Banner | Nov 21, 2024
The ongoing discussions on dispute settlement reform at the World Trade Organization (WTO) are intensifying as the year-end deadline approaches.