Latest News
Fed pauses rate cuts amid mixed analyst expectations
By Globe Banner | Feb 1, 2025
The Federal Reserve's decision to pause interest rate cuts was anticipated by analysts, with no significant market reaction following the announcement.
World Bank supports Belize's blue economy with $32M project
By Globe Banner | Feb 1, 2025
The World Bank's Board of Executive Directors has approved a new project aimed at advancing Belize's blue economy.
Binance CEO Teng: 'Crypto exists because 1.4 billion people are still unbanked'
By Globe Banner | Jan 31, 2025
Binance CEO Richard Teng said that one of the company's primary objectives is to enhance financial access for communities that are underbanked and unbanked.
Global education community commits to reducing child learning poverty by 2030
By Globe Banner | Jan 31, 2025
The global education community has recognized a pressing issue: nearly 60% of children worldwide face learning poverty, meaning they cannot read and understand a simple text by age ten.
KfW IPEX-Bank joins financing for Poland's largest renewable energy project
By Globe Banner | Jan 31, 2025
KfW IPEX-Bank has joined a consortium of commercial banks and international financial institutions to finance the Baltica 2 offshore wind farm project in Poland.
Siemens unveils train design for Sydney Metro Western Sydney Airport Project
By Globe Banner | Jan 31, 2025
Siemens Mobility and Sydney Metro have unveiled the design for the new metro train as part of the Sydney Metro – Western Sydney Airport project.
NCUA prohibits former Genisys employee from working with federally insured institutions
By Globe Banner | Jan 31, 2025
The National Credit Union Administration (NCUA) has issued a prohibition notice in January 2025.
Canada braces for potential economic impact from proposed U.S. tariffs
By Globe Banner | Jan 30, 2025
The potential imposition of U.S. tariffs poses a significant concern for Canada's economy, given the deep trade ties between the two nations.
Germany supports Syrian recovery amid political transition
By Globe Banner | Jan 30, 2025
The recent developments in Syria, marked by the departure of President Bashar al-Assad and the rise of a new ruling alliance led by Haiat Tahrir al-Sham (HTS), have brought significant changes to the region.
World Bank urges urgent macroeconomic reforms in Malawi
By Globe Banner | Jan 30, 2025
Malawi's economic recovery is currently fragile due to delays in implementing macroeconomic reforms and external shocks, according to the latest World Bank Malawi Economic Monitor (MEM).
Zimbabwe urged to boost agriculture resilience against climate shocks
By Globe Banner | Jan 30, 2025
Zimbabwe is urged to strengthen its resilience against climate-related shocks, with a particular focus on agriculture, according to the Zimbabwe Economic Update (ZEU) released on January 31, 2025.
World Bank report urges revenue boost for sustainable investments in Kazakhstan
By Globe Banner | Jan 30, 2025
The World Bank has released a new economic update on Kazakhstan titled "Funding the Future: Boosting Revenues for Lasting Investments."
KfW Award Urban Living seeks entries from municipalities for innovative projects
By Globe Banner | Jan 30, 2025
Applications for the KfW Award Urban Living 2025 are open until March 17, 2025.
FSB MENA group discusses cross-border payments and crypto-asset regulation
By Globe Banner | Jan 30, 2025
The Financial Stability Board (FSB) Regional Consultative Group for the Middle East and North Africa (RCG MENA) convened on January 29-30, 2025, in Sharm El Sheikh.
World Bank report outlines climate strategy for Moldova's economic revival
By Globe Banner | Jan 30, 2025
Effective climate action could play a crucial role in revitalizing Moldova's economy, creating jobs, and protecting its citizens from extreme weather events, according to the World Bank Group’s Moldova Country Climate and Development Report (CCDR).
Report urges action on boosting women’s roles in global transport sector
By Globe Banner | Jan 30, 2025
A new report released today emphasizes the need for increased women's employment in the transport sector, highlighting various benefits of gender equality.
Zimbabwe focuses on climate resilience amid positive economic outlook
By Globe Banner | Jan 30, 2025
Zimbabwe is experiencing a positive economic outlook as it recovers from the 2019/20 COVID-19 recession and the 2024 El Niño-related drought, according to the fifth Zimbabwe Economic Update (ZEU) released today.
Sarah Bang appointed NCUA Chief of Staff by Chairman Kyle S. Hauptman
By Globe Banner | Jan 29, 2025
National Credit Union Administration (NCUA) Chairman Kyle S. Hauptman has appointed Sarah Bang as NCUA Chief of Staff and Senior Policy Advisor.
World Bank seeks input on new partnership framework for Bhutan
By Globe Banner | Jan 29, 2025
The World Bank Group is in the process of developing a new Country Partnership Framework (CPF) for Bhutan, which will cover the fiscal years 2025 to 2029.
Sun Life to announce Q4 2024 earnings results on February 12
By Globe Banner | Jan 29, 2025
Sun Life Financial Inc. is set to release its financial results for the fourth quarter of 2024 on February 12, after market closure.