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IMF completes second review of Morocco's resilience facility
By Globe Banner | Nov 12, 2024
On November 11, 2024, the International Monetary Fund (IMF) Executive Board concluded its second review under the Resilience and Sustainability Facility (RSF) arrangement for Morocco.
Côte d'Ivoire announces initiatives to boost climate finance at COP29
By Globe Banner | Nov 12, 2024
The Government of Côte d'Ivoire has unveiled a series of initiatives aimed at enhancing climate financing, as announced at COP29 in Baku.
IMF reaches staff-level agreement on credit facility review with Zambia
By Globe Banner | Nov 11, 2024
An International Monetary Fund (IMF) staff team, led by Mercedes Vera Martin, has reached a staff-level agreement with Zambian authorities on the fourth review of the Extended Credit Facility (ECF).
IMF reaches staff-level agreement with Niger on economic program reviews
By Globe Banner | Nov 11, 2024
An International Monetary Fund (IMF) staff team, led by Antonio David, conducted meetings from October 28 to November 9, 2024, to review Niger's economic program under the Extended Credit Facility (ECF) and the Resilience and Sustainability...
IMF assesses Finland's economic recovery amid global uncertainties
By Globe Banner | Nov 8, 2024
A team from the International Monetary Fund (IMF), led by Alex Pienkowski, conducted discussions in Finland from October 29 to November 8 for the 2025 Article IV Consultation.
IMF concludes Article IV consultation with Laos amid economic challenges
By Globe Banner | Nov 8, 2024
The International Monetary Fund (IMF) Executive Board has concluded its 2024 Article IV Consultation with the Lao People's Democratic Republic.
IMF reviews Republic of Congo's economic progress amid fiscal challenges
By Globe Banner | Nov 7, 2024
An International Monetary Fund (IMF) staff team, led by Roland Kpodar, recently concluded discussions with Congolese authorities in Brazzaville and Washington.
IMF reaches agreement with Guinea Bissau on seventh review
By Globe Banner | Nov 7, 2024
A team from the International Monetary Fund (IMF), led by Mission Chief Niko Hobdari, conducted meetings in Bissau from October 29 to November 6, 2024.
IMF reaches agreement with Barbados on economic recovery program
By Globe Banner | Nov 6, 2024
An International Monetary Fund (IMF) team, led by Michael Perks, concluded a visit to Barbados on November 6, following discussions with the Barbadian government.
BusinessEurope highlights importance of Transatlantic ties after Trump's election
By Globe Banner | Nov 6, 2024
BusinessEurope President Fredrik Persson has extended his congratulations to Donald Trump on his election as President of the United States.
U.S trade deficit widens to $84 Billion in September amid rising imports
By Globe Banner | Nov 5, 2024
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis have reported an increase in the goods and services deficit for September 2024, reaching $84.4 billion.
BusinessEurope urges EU action amid slow economic growth projections
By Globe Banner | Nov 4, 2024
Ahead of the Macroeconomic Dialogue with social partners and EU institutions, BusinessEurope has released its latest Economic Outlook.
IMF reaches agreement on second review of credit facility for The Gambia
By Globe Banner | Nov 4, 2024
An International Monetary Fund (IMF) team, led by Ms.
IMF expands board with third African chair after regular election
By Globe Banner | Nov 1, 2024
IMF member countries have elected an expanded Executive Board, now comprising 25 Executive Directors.
IMF concludes Article IV consultation with Mexico amid economic slowdown
By Globe Banner | Nov 1, 2024
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.
Ripple Labs challenges SEC’s ruling on XRP sales classification
By R. B. Pepalis | Oct 31, 2024
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
By Globe Banner | Oct 31, 2024
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%.
IMF approves extended credit facility for Sierra Leone amid ongoing economic challenges
By Globe Banner | Oct 31, 2024
The International Monetary Fund (IMF) Executive Board has concluded the 2024 Article IV consultation with Sierra Leone and approved a new 38-month arrangement under the Extended Credit Facility (ECF).
IMF staff reach agreement on second review of Somalia's Extended Credit Facility
By Globe Banner | Oct 31, 2024
A team from the International Monetary Fund (IMF), led by Laura Jaramillo, has completed discussions with Somali authorities regarding the 2024 Article IV consultation.
Cirkle CEO: 'Starbucks' sales decline is a clear example of what happens when brands lose genuine engagement with their customers'
By J. D. Suayan | Oct 31, 2024
Starbucks Corp. is facing significant challenges following a recent stock downgrade that has raised concerns about the company's ability to manage ongoing legal issues and operational difficulties. This downgrade coincides with recent leadership changes and increased scrutiny from activist investors, adding uncertainty to Starbucks' short-term outlook.