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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.
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.
US trade deficit falls as both exports and imports decline in October
By Globe Banner | Dec 5, 2024
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis reported a decrease in the goods and services deficit for October 2024, which stood at $73.8 billion.
IMF concludes Article IV consultation with UAE; endorses positive economic outlook
By Globe Banner | Dec 5, 2024
On July 11, 2024, the Executive Board of the International Monetary Fund (IMF) concluded its Article IV consultation with the United Arab Emirates (UAE).
U.S. county-level GDP sees mixed results for fiscal year ending December
By Globe Banner | Dec 4, 2024
Real gross domestic product (GDP) saw varied changes across U.S. counties in 2023, according to the U.S. Bureau of Economic Analysis.
EU-Mercosur negotiations approach decisive moment at Mercosur Summit
By Globe Banner | Dec 3, 2024
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
By Globe Banner | Dec 3, 2024
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.
BlackRock acquires HPS Investment Partners for $12 billion in equity deal
By Globe Banner | Dec 3, 2024
BlackRock, a prominent investment management firm, has announced its agreement to acquire HPS Investment Partners for approximately $12 billion.
IMF completes third review under extended credit facility arrangement with Ghana
By Globe Banner | Dec 2, 2024
The International Monetary Fund (IMF) Executive Board has completed the third review of Ghana's Extended Credit Facility (ECF) arrangement, a $3 billion program over 36 months that began in May 2023.
IMF reviews Qatar's economic outlook amid post-World Cup recovery
By Globe Banner | Dec 2, 2024
An International Monetary Fund (IMF) team, led by Ms.
BusinessEurope outlines economic priorities for Polish EU Presidency
By Globe Banner | Nov 29, 2024
BusinessEurope's Council of Presidents gathered in Warsaw, hosted by the Confederation Lewiatan, ahead of Poland assuming the EU Presidency.
U.S economy grows at 2.8% pace; corporate profits decline
By Globe Banner | Nov 27, 2024
The U.S. Bureau of Economic Analysis has released the "second" estimate for the real gross domestic product (GDP) growth in the third quarter of 2024, indicating an annual increase of 2.8 percent.
BusinessEurope urges EU Commission to focus on economic revival
By Globe Banner | Nov 27, 2024
The European Parliament has confirmed the new European Commission College, led by President Ursula von der Leyen.
IMF reviews Samoa's economic progress amid global uncertainties
By Globe Banner | Nov 27, 2024
An International Monetary Fund (IMF) mission, led by Siddharth Kothari, recently concluded discussions with Samoan authorities and stakeholders in Apia.
IMF announces staff-level agreement on Ethiopia's extended credit facility review
By Globe Banner | Nov 27, 2024
The International Monetary Fund (IMF) has announced a staff-level agreement with Ethiopian authorities on the second review of Ethiopia's economic program under the Extended Credit Facility (ECF).
U.S Bureau reports rise in personal income for October
By Globe Banner | Nov 27, 2024
Personal income in the United States rose by $147.4 billion, or 0.6 percent, in October, according to data released by the U.S. Bureau of Economic Analysis.
IMF completes Article IV consultation with Bahrain: economic growth continues amid challenges
By Globe Banner | Nov 27, 2024
The International Monetary Fund (IMF) Executive Board has completed its 2024 Article IV consultation with the Kingdom of Bahrain, noting economic growth amid challenging conditions.
IMF commends Sri Lanka's progress in economic reforms amid ongoing debt restructuring
By Globe Banner | Nov 26, 2024
Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF), addressed members of the financial community regarding Sri Lanka's economic reform efforts.
IMF concludes Article IV consultation with cautious optimism for Thai economy
By Globe Banner | Nov 26, 2024
An International Monetary Fund (IMF) staff team, led by Corinne Deléchat, has completed the 2024 Article IV Consultation with Thailand.