Latest News
Central African Republic strengthens healthcare with targeted free services
By Globe Banner | Nov 8, 2024
Awa Prisca spent a restless night as her infant daughter, Maléyombo Mariana, suffered from a fever.
Poland doubles contribution to World Bank fund supporting low-income nations
By Globe Banner | Nov 7, 2024
The Government of Poland has announced a significant increase in its contribution to the International Development Association (IDA), part of the World Bank.
World Bank grants $30M to tackle non-communicable diseases in Tonga
By Globe Banner | Nov 7, 2024
The World Bank has approved a grant to assist Tonga in tackling the increasing issue of non-communicable diseases, such as diabetes and heart disease.
World Bank highlights need for economic reforms amid Laos' unsustainable public debt
By Globe Banner | Nov 7, 2024
Economic growth in Laos has seen a slight improvement in 2024, but the country's public debt remains unsustainable, contributing to ongoing macroeconomic instability.
Progress reported despite suspension of COP 16 on biodiversity
By Globe Banner | Nov 7, 2024
The COP 16 on biodiversity, held in Cali, was suspended on November 2 after negotiations failed to reach a formal conclusion.
World Bank supports Brazilian family farmers with $1.6 billion initiative
By Globe Banner | Nov 7, 2024
The World Bank Board of Directors has approved a significant initiative, the Transforming Brazil’s Agrifood System program.
BMO lowers US dollar prime lending rate to 7.75 percent
By Globe Banner | Nov 7, 2024
BMO Financial Group has announced a reduction in its US dollar prime lending rate, which will decrease from 8.00 percent to 7.75 percent.
Industrial metaverse investments rise globally as companies seek efficient solutions
By Globe Banner | Nov 7, 2024
The recent study highlights a significant shift in the industrial sector, with 62 percent of companies increasing their investment in metaverse technologies in 2024.
KfW reports strong Q3 results driven by energy efficiency investments
By Globe Banner | Nov 7, 2024
The KfW Group has reported an increase in new commitments within its Private Clients segment, reaching approximately EUR 15.3 billion by the end of September 2024.
Brazilian wind power complex begins operations with focus on sustainability
By Globe Banner | Nov 7, 2024
Macquarie Asset Management and Hydro Rein have announced the start of full commercial operations at Ventos de São Zacarias (VSZ), a 456 MW wind power complex in northeastern Brazil.
World Bank report highlights Armenia's trade challenges and opportunities
By Globe Banner | Nov 7, 2024
In October 2024, the World Bank published the Trade Competitiveness Diagnostic (TCD) report for Armenia.
CFPB orders Navy Federal Credit Union to pay $95 million over unfair fee practices
By Globe Banner | Nov 7, 2024
National Credit Union Administration Chairman Todd M. Harper issued a statement regarding the Consumer Financial Protection Bureau's (CFPB) settlement with Navy Federal Credit Union.
Tajikistan urged to take action against severe economic impacts of climate change
By Globe Banner | Nov 7, 2024
The Tajikistan Country Climate and Development Report highlights the pressing need for Tajikistan to address climate change impacts such as droughts, floods, and air pollution.
Poland doubles its contribution to World Bank fund for low-income countries
By Globe Banner | Nov 7, 2024
The Government of Poland has announced a significant increase in its contribution to the World Bank's International Development Association (IDA), doubling its previous commitment.
World Bank releases annual report on sanctions system for FY 2024
By Globe Banner | Nov 7, 2024
The World Bank Group has released its Sanctions System Annual Report for the fiscal year 2024.
World Bank announces $750M aid package to boost Ukraine's reconstruction efforts
By Globe Banner | Nov 7, 2024
The World Bank has announced a $750 million support package aimed at aiding Ukraine's reconstruction efforts.
Siemens launches TIA Portal Version 20 with advanced PLC integration
By Globe Banner | Nov 7, 2024
Siemens has introduced TIA Portal Version 20, focusing on enhancing performance and efficiency for users.
Ethiopia grants refugees right to work under new landmark directive
By Globe Banner | Nov 7, 2024
In a significant policy shift, the Ethiopian government has granted refugees the legal right to work, marking a transformative step for over 800,000 refugees in the country.
World Bank evaluates ongoing support efforts amid Haiti's crisis
By Globe Banner | Nov 7, 2024
The World Bank has conducted a Country Portfolio Performance Review in Haiti, partnering with the Haitian government to evaluate its ongoing projects and support efforts.
UK rent and mortgage spending rises; consumer confidence improves
By Globe Banner | Nov 7, 2024
Rent and mortgage spending in the UK reached a 13-month high with a growth of 6.4% in October, as reported by Barclays Property Insights.