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Somalia faces revenue challenges as it rebuilds social contract

State-building and legitimacy in countries emerging from fragility are closely linked to the concept of a social contract.


Fubon Life and Fubon Insurance receive seven awards from Financial Supervisory Commission

The Financial Supervisory Commission recently recognized Fubon Life and Fubon Insurance for their contributions to inclusive finance, awarding them a total of seven honors.


WTO discusses simplifying rules of origin to boost exports from least developed countries

Members of the Committee on Rules of Origin (CRO) have engaged in discussions aimed at facilitating trade through simplified rules of origin for Least Developed Countries (LDCs).


WTO advances Bosnia's accession talks amid legislative developments

The World Trade Organization (WTO) delegation visited Sarajevo to advance the accession negotiations of Bosnia and Herzegovina.


AIA names Fisher Zhang regional chief executive

AIA Group Limited has announced the appointment of Fisher Zhang as Regional Chief Executive.


IMF reviews Nicaragua's economy: robust growth amid challenges

A recent International Monetary Fund (IMF) mission to Nicaragua concluded with a statement highlighting the country's economic performance and outlook.


IMF reaches staff-level agreement on third review of Sri Lanka's fund facility

An International Monetary Fund (IMF) team led by Peter Breuer, Senior Mission Chief for Sri Lanka, visited Colombo from November 17 to 23, 2024.


Societe Generale sets EUR 500 billion sustainable finance target for environmental transition

Societe Generale has announced its intention to accelerate its efforts in supporting the environmental transition, aligning with its ESG policy.


Sun Life partners with TWCC to expand job opportunities in Winnipeg

A partnership between Sun Life and Tribal Wi-Chi-Way-Win Capital Corporation (TWCC) is set to create over 175 jobs in Winnipeg.


China-funded internships support least developed countries at Geneva mission

Participants in a China-funded internship program recently visited the Chinese Mission in Geneva.


U.S. Embassy in Lithuania adjusts visa processing operations

The U.S. Embassy in Lithuania is taking part in a worldwide initiative to improve the processing of immigrant visas and reduce wait times.


KfW revises Germany's GDP growth forecasts amid rising uncertainties

KfW Research has revised its economic growth forecasts for Germany, adjusting the expected gross domestic product (GDP) growth rate for 2025 to 0.5%, down from the previously anticipated 1.0%.



IMF discusses final review of South Sudan's staff-monitored program amid economic challenges

On November 15, 2024, the Executive Board of the International Monetary Fund (IMF) held discussions regarding the third and final review of South Sudan's Staff-Monitored Program with Board Involvement (PMB).


World Bank advises on Vietnam's shift towards electric mobility

Transitioning to electric vehicles (EVs) in Viet Nam requires strategic policy and investment across five key areas, according to a new World Bank report.


Amazon announces pro bono efforts in vacating criminal convictions

Amazon has released its 2024 Pro Bono Report, highlighting the company's community impact over the past year and reflecting on a decade of service.


BlackRock funds Learn To Earn Dayton's expansion into eight Ohio school districts

The BlackRock Foundation has announced a $1 million grant to Learn to Earn Dayton, aimed at expanding the Pathways for Accelerated College and Career Experience (PACCE) program.


Facilitator calls for practicality as WTO dispute reform talks reach critical stage

The ongoing discussions on dispute settlement reform at the World Trade Organization (WTO) are intensifying as the year-end deadline approaches.


IMF approves extended credit facility for Sierra Leone amid economic reforms

The International Monetary Fund (IMF) Executive Board has concluded its 2024 Article IV consultation with Sierra Leone and approved a 38-month arrangement under the Extended Credit Facility (ECF).


WTO explores impact of artificial intelligence on global trade

The World Trade Organization (WTO) Secretariat recently hosted its first conference focused on the relationship between artificial intelligence (AI) and global trade.