Latest News
Insurance strategies address growing impact of natural disasters
By Globe Banner | Jun 24, 2025
Natural disasters, such as floods, droughts, earthquakes, and extreme heat, are becoming more frequent and costly due to climate change, urbanization, population growth, and increased construction in high-risk areas.
Rising temperatures may cut GDP by 2.5% annually in European cities by 2050
By Globe Banner | Jun 24, 2025
Cities in Europe and Central Asia face significant challenges due to rising temperatures, which could result in a decrease of 2.5% in annual GDP by 2050.
Cities must prepare for increasing extreme heat events
By Globe Banner | Jun 24, 2025
Cities in Europe and Central Asia are facing a significant increase in the number of hot days, which could more than triple by 2050.
World Bank approves $194M for education and water projects in Balochistan
By Globe Banner | Jun 24, 2025
The World Bank's Board of Executive Directors has approved $194 million for two projects aimed at improving education and water security in Balochistan, Pakistan.
World Bank approves $150M program for women's job access in Tamil Nadu
By Globe Banner | Jun 24, 2025
The World Bank has approved a new initiative to support the Indian state of Tamil Nadu in enhancing access to quality jobs for 1.6 million women and boosting female labor force participation.
Consumer confidence rises as EOFY sales boost spending sentiment
By Globe Banner | Jun 24, 2025
Consumer confidence has shown a slight increase, rising by 1.3 points to reach 86.7 points last week.
Sustainable aquaculture poised to meet growing global seafood demand
By Globe Banner | Jun 24, 2025
Aquaculture is increasingly recognized as a crucial component in addressing global food security challenges, economic growth, and environmental sustainability.
World Bank approves $115 million for fiscal reforms in Senegal
By Globe Banner | Jun 24, 2025
The World Bank has announced the approval of $115 million in concessional financing to aid Senegal's fiscal reforms and enhance public financial management.
World Bank approves $426M program for water security in Bengaluru
By Globe Banner | Jun 24, 2025
The World Bank has approved a program to enhance water security for over four million residents in Bengaluru, India.
Siemens introduces new tools for designing complex integrated circuits
By Globe Banner | Jun 24, 2025
Siemens has introduced the Innovator3D IC solution suite, designed to streamline the design and analysis of complex, heterogeneously integrated 3D integrated circuits (ICs).
World Bank report outlines steps for boosting Uzbekistan's economy
By Globe Banner | Jun 24, 2025
The World Bank has released its latest Country Economic Memorandum for Uzbekistan, examining the country's economic developments from 2010 to 2022.
Azerbaijan's e-health strategy aims to modernize healthcare system
By Globe Banner | Jun 23, 2025
The E-Health Strategy and Claims Management project in Azerbaijan has concluded, offering the Azerbaijani government various policy options and recommendations.
Haiti's healthcare project focuses on universal coverage and pandemic readiness
By Globe Banner | Jun 23, 2025
The Universal Health Coverage (UHC) and Pandemic Preparedness initiative in Haiti has aimed to bolster the nation's health system and improve its readiness for pandemics.
DEG finances sustainable growth of Selecta One in Kenyan plant production
By Globe Banner | Jun 23, 2025
Kenya's favorable climate for ornamental plant cultivation has positioned it as a key player in both local and global markets.
Everest appoints Allan Levine to board as non-executive director
By Globe Banner | Jun 23, 2025
Everest Group, Ltd., a global leader in underwriting property, casualty, and specialty reinsurance and insurance solutions, has announced the appointment of Allan Levine as an independent, non-executive member of its Board of Directors.
Yuanta invites applications for ninth Dream Big Project focusing on sustainable education
By Globe Banner | Jun 23, 2025
Yuanta Financial Holding Company and the Yuanta Cultural and Educational Foundation have announced the launch of the ninth "Dream Big" Yuanta Social Service Dream-Fulfilling Project.
Siemens unveils new AI and robotics features for automated guided vehicles
By Globe Banner | Jun 23, 2025
Siemens is enhancing its capabilities in autonomous production by introducing new AI and robotics features for automated guided vehicles (AGVs).
Cabo Verde's economy recovers strongly amid focus on women's economic potential
By Globe Banner | Jun 23, 2025
Cabo Verde's economy showed strong recovery in 2024, with real GDP growth estimated at 7.3%.
Cabo Verde sees strong GDP growth but faces challenges ahead
By Globe Banner | Jun 23, 2025
Cabo Verde's economy is experiencing a robust recovery, as indicated by the Cabo Verde Economic Update 2025 from the World Bank.
World Bank report highlights Indonesia's resilient economy amid global challenges
By Globe Banner | Jun 23, 2025
Indonesia's economy demonstrated resilience in the first quarter of 2025, growing at an annual rate of 4.9 percent, as reported in the June 2025 edition of the Indonesia Economic Prospects (IEP) report titled "People-First Housing: A Roadmap from...