Latest News
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.
World Bank highlights green transition opportunities in Tajikistan's new climate report
By Globe Banner | Nov 7, 2024
The World Bank Group has released its Tajikistan Country Climate and Development Report (CCDR), highlighting the potential for climate action to revitalize Tajikistan's economy while addressing climate change risks.
World Bank launches roadmap for Türkiye's offshore wind industry development
By Globe Banner | Nov 7, 2024
The World Bank Group, in collaboration with Türkiye's Ministry of Energy and Natural Resources, has unveiled a roadmap to develop an offshore wind industry in Türkiye.
Binance announces new privacy management feature
By Globe Banner | Nov 7, 2024
Binance has introduced a new feature that centralizes tools for privacy management, allowing users to download their personal data.
Standard Chartered and Ant International complete blockchain-based SGD transaction
By Globe Banner | Nov 6, 2024
Standard Chartered and Ant International have completed their first blockchain-based SGD-denominated liquidity transfer.
Blackstone acquires Retail Opportunity Investments Corp for $4 billion
By Globe Banner | Nov 6, 2024
Blackstone Real Estate and Retail Opportunity Investments Corp. (ROIC) have announced a definitive agreement in which Blackstone Real Estate Partners X will acquire all outstanding common shares of ROIC for $17.50 per share.
Jordan expands job opportunities for Syrians amid ongoing refugee crisis
By Globe Banner | Nov 6, 2024
In Jordan, a World Bank-supported initiative, the Program for Results (P4R), has been working to increase formal employment opportunities for both Syrians and Jordanians.
ASEAN sees surge in fintech funding driven by AI and quantum computing
By Globe Banner | Nov 6, 2024
Funding for financial technology in the ASEAN region has seen a remarkable increase, growing more than tenfold since 2015.
World Bank report highlights benefits of accelerated decarbonization for Poland
By Globe Banner | Nov 6, 2024
Accelerated decarbonization efforts in Poland could drive economic growth, enhance competitiveness, and mitigate air pollution impacts, according to the World Bank Group's newly released Poland Country Climate and Development Report (CCDR).
World Bank appoints Dennis McLaughlin as chief risk officer
By Globe Banner | Nov 6, 2024
The World Bank Group has announced the appointment of Dennis McLaughlin as its new Chief Risk Officer and Vice President.
Yuanta Securities honored with work-life balance award by Taiwan's Ministry of Labor
By Globe Banner | Nov 6, 2024
Taiwan's Yuanta Securities has been recognized with the "2024 Work-Life Balance Award - Employee Care Award" by Taiwan’s Ministry of Labor.
FSB MENA discusses AI impacts at Riyadh meeting
By Globe Banner | Nov 6, 2024
The Financial Stability Board (FSB) Regional Consultative Group for the Middle East and North Africa (RCG MENA) convened in Saudi Arabia at the Saudi Central Bank's headquarters in Riyadh.