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World Bank urges Montenegro to invest $5.7 billion for climate resilience
By Globe Banner | Dec 4, 2024
Montenegro is presented with an opportunity to enhance its resilience to climate change while promoting sustainable economic growth, according to the World Bank Group's Country Climate and Development Report for Montenegro.
World Bank supports Montenegro's move towards low-carbon economy
By Globe Banner | Dec 4, 2024
The World Bank Group has approved a €31.0 million loan to aid Montenegro in decarbonizing its energy sector and moving towards a low-carbon economy.
German SMEs face ongoing decline in business sentiment
By Globe Banner | Dec 4, 2024
The sentiment among German small and medium-sized enterprises (SMEs) continued its downward trajectory in November, marking the sixth consecutive month of decline.
World Bank urges Central African Republic to tackle climate challenges
By Globe Banner | Dec 4, 2024
BANGUI, December 4, 2024 - The World Bank has released a report urging the Central African Republic (CAR) to enhance resilience against climate change and reduce poverty.
Agencies outline strategies against elder financial exploitation
By Globe Banner | Dec 4, 2024
Five federal financial regulatory agencies, the Financial Crimes Enforcement Network (FinCEN), and state financial regulators have issued a statement to provide guidance on combating elder financial exploitation.
ANZ extends discounted financing for clean energy investments with CEFC partnership
By Globe Banner | Dec 4, 2024
ANZ has announced an extension of its collaboration with the Clean Energy Finance Corporation (CEFC), offering business customers a 0.80 percent discount on clean energy finance loans.
Societe Generale announces key appointments within global markets activities
By Globe Banner | Dec 4, 2024
Societe Generale has announced key appointments within its Global Markets Activities.
IDA21 meeting emphasizes collaboration amid global challenges
By Globe Banner | Dec 4, 2024
A significant gathering took place as Axel van Trotsenburg delivered opening remarks at the IDA21 Final Replenishment Meeting.
Siemens partners with Compass Datacenters for scalable data center solutions
By Globe Banner | Dec 4, 2024
Siemens and Compass Datacenters have entered into a multi-year agreement to develop custom electrical solutions, aimed at supporting the rapid scaling of data center construction.
World Bank approves $200M funding to enhance Costa Rican education
By Globe Banner | Dec 4, 2024
The World Bank's Board of Executive Directors has approved new funding to support Costa Rica in enhancing foundational learning, digital competencies, and employability skills for students in public primary and secondary schools.
World Bank reports on CAR's economic stagnation amid security challenges
By Globe Banner | Dec 4, 2024
The World Bank has released a report highlighting the stagnant state of the Central African Republic's economy, with GDP growth projected at 0.7% for 2024.
Siemens celebrates inventors' contributions across diverse fields
By Globe Banner | Dec 4, 2024
Siemens has recognized the achievements of its leading inventors for 2024, highlighting innovations that impact various sectors.
FSB plenary discusses global finance issues in Hong Kong
By Globe Banner | Dec 4, 2024
The Financial Stability Board (FSB) Plenary convened in Hong Kong over two days to discuss global financial stability and other key issues.
Montenegro faces urgent need for investment in climate resilience
By Globe Banner | Dec 4, 2024
Montenegro is facing serious climate challenges, including frequent floods, earthquakes, landslides, and increasingly severe droughts, wildfires, and heatwaves.
World Bank report shows modest growth in Afghan economy amid persistent challenges
By Globe Banner | Dec 4, 2024
The Afghan economy is experiencing moderate growth, but challenges persist, according to the World Bank's latest Afghanistan Development Update.
Bio24 Social wins KfW people's choice award for tackling loneliness
By Globe Banner | Dec 4, 2024
The startup Bio24 Social from Mecklenburg-Western Pomerania has been awarded the people's choice award as part of the KfW Entrepreneurs' Award.
World Bank approves $70M project for Morocco's social protection reform
By Globe Banner | Dec 4, 2024
The World Bank has approved a $70 million project to support Morocco's social protection reform.
World Bank report highlights inequality challenges hindering Africa's poverty reduction
By Globe Banner | Dec 4, 2024
Unequal access to jobs, finance, and public services is hindering poverty reduction in Sub-Saharan Africa, according to a World Bank report released on December 4, 2024.
Europe faces economic challenges amid Trump's proposed tariffs
By Globe Banner | Dec 3, 2024
A Trump presidency is expected to present new challenges for Europe, affecting the region's equities despite their low valuations.
Canada's economic outlook for 2025: Challenges and opportunities
By Globe Banner | Dec 3, 2024
The outlook for Canada's economy in 2025 suggests a mixed picture, with potential challenges and opportunities across various sectors.