News on Globe Banner

News from 2024


U.S. consular officer visiting Belo Horizonte for citizen services on November 25-26

Consular representatives from the U.S. Embassy in Brasilia will visit Belo Horizonte, Minas Gerais, on November 25-26, 2024.


WTO workshop highlights benefits of Information Technology Agreement

The recent workshop on the World Trade Organization (WTO) Information Technology Agreement (ITA) concluded in Geneva.


IMF expands board with third African chair after regular election

IMF member countries have elected an expanded Executive Board, now comprising 25 Executive Directors.


WTO regional trade policy course concludes successfully in Togo

The World Trade Organization (WTO) recently concluded its Regional Trade Policy Course in Togo.


Prudential-Standard Chartered celebrate quarter-century bancassurance alliance

Prudential plc and Standard Chartered Bank are marking the 25th anniversary of their strategic bancassurance partnership, which spans 11 markets across Asia and Africa.


World Bank supports Samoa's digital growth with $20M grant

A new initiative by the World Bank aims to support digital transformation in Samoa with a grant of $20.05 million.


Potential impact of Trump presidency on Norwegian krone examined

The value of the Norwegian krone (NOK) could face challenges if Donald Trump secures the presidency, according to a recent analysis.


Salvador Social Project improves access to services for vulnerable populations

In Salvador, Brazil, the city's vulnerable and impoverished populations are a visible presence across various neighborhoods and tourist attractions.


IMF concludes Article IV consultation with Mexico amid economic slowdown

On October 30, the Executive Board of the International Monetary Fund (IMF) completed its Article IV consultation and mid-term review under the Flexible Credit Line (FCL) Arrangement with Mexico.


UOB FinLab supports ASEAN GreenTech initiatives with $100K funding

UOB FinLab, the innovation accelerator of United Overseas Bank (UOB), has announced a financial commitment of over $100,000 to support 15 Green Technology (GreenTech) firms.


Fubon showcases innovative FinTech solutions at Taipei 2024 event

Fubon Financial Holdings and its subsidiaries participated in the "FinTech Taipei 2024" event, focusing on their "Run For Green" ESG initiative.


European Council President calls for trust in multilateral cooperation

European Council President Charles Michel addressed a gathering of WTO ambassadors, Swiss authorities, and representatives from various sectors, highlighting the critical need for cooperation in a world facing numerous challenges.


Non-profits now eligible for ERP start-up loan in Germany

The ERP Start-up Loan – StartGeld program is expanding its reach to include non-profit enterprises starting November 1.


Ripple Labs challenges SEC’s ruling on XRP sales classification

On October 25, Ripple Labs filed a Civil Appeal Pre-Argument Statement, also known as Form C, in the U.S. Court of Appeals for the Second Circuit to challenge a recent ruling by the U.S. Securities and Exchange Commission (SEC) that classified Ripple’s institutional XRP sales as securities transactions.


Democratic Party for the People proposes crypto tax reduction policy ahead of Japanese elections

Yuichiro Tamaki, the leader of Japan’s Democratic Party for the People (DPP), announced a cryptocurrency tax plan aimed at reducing the tax on crypto gains to 20%.


WTO discusses strategies to tackle global plastic pollution through trade

The recent meeting on plastics pollution has focused on three main issues critical to addressing the challenges of plastic waste while ensuring trade remains part of the solution.


Pandemic Fund secures $2.8 billion for pandemic preparedness

The Pandemic Fund has announced a significant mobilization of resources, securing US$2.8 billion in new international financing over the past three months to enhance pandemic prevention, preparedness, and response capabilities in low- and...


KfW IPEX-Bank leads financing for major US offshore wind farm project

KfW IPEX-Bank is playing a significant role in the financing of the Coastal Virginia Offshore Wind Farm project in the United States.


Katherine Easmunt appointed as Chief Ethics Counsel by NCUA Board

The National Credit Union Administration (NCUA) Board has appointed Katherine Easmunt as the agency's Chief Ethics Counsel, effective November 3.


World Bank launches $593M program supporting Ukrainian SMEs amid ongoing conflict

The World Bank has announced a new initiative to bolster Ukraine's private sector.