Caucasus Bank Newswire

Economic Watch: Tariff clouds loom over IMF, World Bank Spring Meetings

by Xiong Maoling WASHINGTON, April 24 (Xinhua) -- At the ongoing Spring Meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG), "tariff" and "trade" have become keywords in several events and multiple reports. …

Sri Lanka faces slower growth ahead despite 2024 rebound: World Bank

Sri Lanka’s economy recovered in 2024, surpassing growth expectations by recording 5 per cent growth, compared to the projected 4.4 per cent, according to the World Bank. This growth has been driven by strong performances in industry and services, …

You have $250mn. Your mission: overthrow the World Bank. What do you buy?

Sub-Saharan Africa’s economic performance being dragged down by Nigeria, Angola, South Africa – World Bank

The World Bank on Thursday said economic activity in Sub-Saharan Africa is projected to edge up from 3.3 per cent in 2024 to 3.5 per cent in 2025 and further accelerate to 4.3 per cent in 2026–27. However, the bank said the region’s economic performance is …

China urges Pakistan, India to de-escalate tensions after Pahalgam attack

Listen to article On Monday, China called on both India and Pakistan to "exercise restraint" after the two nations reportedly exchanged fire at the Line of Control (LoC) for the fourth consecutive night, following a deadly attack in Pahalgam, …

World Bank and IMF to conclude meetings in Washington, D.C.

Over the past week, the World Bank and the IMF have convened in Washington to assess the impact of the Trump administration’s tariffs. Earlier this month, the Trump administration announced a 90-day pause on its across-the-board tariffs, spurring trade …

World Bank not informed of India’s decision on Indus Waters Treaty

A view of the Baglihar Hydroelectric Power Project built on the Chenab River as India suspends the Indus Waters Treaty with Pakistan in the wake of the Pahalgam Terrorist Attack, in Ramban on April 24, 2025. | Photo Credit: ANI The World Bank has not been …

Italy increases IDA commitment, launches Africa Partnership with World Bank

PIF Chair pushes U.S and World Bank for Pacific Resilience funding

The Chair of the Pacific Islands Forum (PIF) and Prime Minister of Tonga, Dr ‘Aisake Eke, is ramping up high-level advocacy in Washington this week, pushing for funding commitments to the Pacific Resilience Facility (PRF). Joined by Forum Secretary General …

CBL Governor Issa meets World Bank Vice President Dayon in DC’s 2025 World Bank IMF Spring Meetings

Tripoli based Libyan government delegation meets IFC in DC on sidelines of 2025 World Bank IMF Spring Meetings

‘US, World Bank may try to save Indus treaty’

THE United States and the World Bank may intervene to prevent the complete breakdown of the Indus Waters Treaty (IWT), which has survived wars, near-conflict, and complete diplomatic breakdowns in the past as well. The treaty, signed in 1960 after nine …

?Lebanon secures $250 million World bank loan to revive ailing power sector

Daijiworld Media Network- Beirut Beirut, Apr 25: In a bid to breathe new life into its crippled electricity sector, Lebanon has signed a $250 million loan agreement with the World Bank, marking a crucial step in its long-awaited reform journey. Lebanese …

South Asia’s economic growth projected to slow in 2025: World Bank

South Asia's growth is projected to slow to 5.8 per cent in 2025, 0.4 percentage points (ppts) below the October forecast, before recovering to 6.1 per cent in 2026, according to the World Bank’s latest South Asia Development Update, titled ‘Taxing …

IMF Projects 4% Growth Rate For Ghana

Kristalina Georgieva   The International Monetary Fund (IMF) has projected a 4 percent growth rate for Ghana by the end of 2025. This revised forecast was captured in the IMF’s April 2025 Regional Economic Outlook Report, released on the sidelines of the …

Kenneth Okonkwo: APC Will Soon Be Blown To Smithereens, Those Joining Will Regret It

Spokesperson for the Labour Party in the 2023 Presidential Election, Kenneth Okonkwo, has said that  the ruling All Progressives Congress (APC) will soon implode, warning that those defecting into its ranks will ultimately regret their decision. Okonkwo …

YTF stages protest over Bangladesh’s embankment near South Tripura’s Muhari River

Agartala, April 28: The Youth Tipra Federation (YTF), the youth wing of BJP alliance partner Tipra Motha party, staged a major protest on Monday at Bankar Market near the Bangladesh border in South Tripura’s Belonia subdivision, raising concerns over a …

World Bank projects 3.6% economic growth for Nigeria

The World Bank has projected that Nigeria’s economy will grow by 3.6 per cent in 2025, building on an estimated expansion of 3.4 per cent in 2024, as key macroeconomic reforms begin to stabilise the business environment. The bank also said Nigeria is now …

World Bank projects 3.6% growth for Nigeria in 2025

From Adanna Nnamani, Abuja The World Bank has forecast a 3.6% economic growth rate for Nigeria in 2025, up from 3.4% in 2024, driven by ongoing macroeconomic reforms. The projection, outlined in the Spring 2025 edition of Africa’s Pulse, contrasts with the …

Apex Capital Acquires Majority Stake in Juanita’s Foods

LOS ANGELES, CA, UNITED STATES, April 28, 2025 /⁨EINPresswire.com⁩/ -- Apex Capital, a private equity firm focused on investing in the consumer sector across the Americas, is pleased to announce the acquisition of a majority stake in Juanita’s …

Partner Real Estate Hosts Top Agents of the Month Luncheon to Celebrate Collaboration and Growth

MONROVIA, CA, UNITED STATES, April 28, 2025 /⁨EINPresswire.com⁩/ -- In a strong show of culture, collaboration, and community, Partner Real Estate hosted its monthly Top Agents of the Month Luncheon today at Domenico’s Italian Restaurant in …

Veripath releases its Q1 2025 NAVs showing consistent appreciation of farmland portfolios

CALGARY, ALBERTA, CANADA, April 28, 2025 /⁨EINPresswire.com⁩/ -- Veripath Farmland Partners (Veripath) is pleased to release its Q1 2025 NAVs showing its farmland portfolios continue to perform with strong returns and low volatility in an uncertain …

Zenith Group Advisors Reports Record Start to 2025

Record Q1 Performance Highlights Zenith’s Growth in Middle-Market Supply Chain Finance NEW YORK, NY, UNITED STATES, April 28, 2025 /⁨EINPresswire.com⁩/ -- Zenith Group Advisors has had its strongest start to the year since inception, launching …

AI Is Transforming Sales — Just Not the Way Most Sales Leaders Expect

New Program Helps Sales Leaders Leverage AI as Support, Not Replacement VANCOUVER, BC, CANADA, April 28, 2025 /⁨EINPresswire.com⁩/ -- As artificial intelligence tools flood the sales industry, a new collaborative program aims to shift the …

Ambassador Enterprises welcomes back Bob Vitoux as Chief Financial Officer

Mission-Driving Leader Returns to Help Build Enduring Impact FORT WAYNE, IN, UNITED STATES, April 28, 2025 /⁨EINPresswire.com⁩/ -- Ambassador Enterprises (AE), a legacy-minded enterprise investing for three returns—eternal, cultural, and financial …

Applied Energetics and Kord Technologies to Discuss the Future of Directed Energy in Exclusive Fireside Chat

Applied Energetics and Kord Technologies will explore their new strategic collaboration and the evolving landscape of directed energy and counter-drone defense. Applied Energetics (OTCQB:AERG) NEW YORK, NY, UNITED STATES, April 28, 2025 /⁨ …

Xenex Enterprises Inc. and PledgX Inc. Partner to Transform Surety Bond Underwriting with AI-Powered Insights

Xenex partners with PledgX to bring advanced AI to SuretyMasterBonds™, transforming risk analysis and WIP assessment in surety bond underwriting. TORONTO, ON, CANADA, April 23, 2025 /⁨EINPresswire.com⁩/ -- Xenex Enterprises Inc., a leader in …

California Businesses Embrace Accounting and Bookkeeping Services to Enhance Financial Efficiency with IBN Technologies

Streamline operations in California with expert accounting and bookkeeping services customized for growing startups. MIAMI, FL, UNITED STATES, April 28, 2025 /⁨EINPresswire.com⁩/ -- In the lead-up to the fiscal year's end, startups and SMEs …

New Jersey Startups Embrace IBN Technologies’ Accounting and Bookkeeping Services to Cut Costs and Stay Compliant

Optimize your New Jersey business operations with cost-saving accounting and bookkeeping services today. MIAMI, FL, UNITED STATES, April 28, 2025 /⁨EINPresswire.com⁩/ -- As the quarter progresses and small businesses prepare for financial …

IBN Technologies Expands Accounting and Bookkeeping Services to Help Florida SMEs Cut Costs and Improve Efficiency

Enhance growth in Florida startups through scalable accounting and bookkeeping services that cut overhead. MIAMI, FL, UNITED STATES, April 28, 2025 /⁨EINPresswire.com⁩/ -- As the financial year ends, startups across Florida are turning their …

Texas Startups Embrace Outsourced Accounting and Bookkeeping Services to Cut Costs

Texas SMEs can save big with outsourced accounting and bookkeeping services designed for long-term financial success. MIAMI, FL, UNITED STATES, April 28, 2025 /⁨EINPresswire.com⁩/ -- As the fiscal year-end approaches, small and medium-sized …

Safetica Named Winner of the Coveted Global InfoSec Awards during RSA Conference 2025

Safetica wins three Global InfoSec Awards at RSAC 2025 for excellence in insider threat detection, prevention, and data loss prevention. SAN FRANCISCO, CA, UNITED STATES, April 28, 2025 /⁨EINPresswire.com⁩/ -- Safetica is proud to announce we have …

Babylon Labs and Nexus Mutual Innovate in Bitcoin Cover Solutions

Nexus Mutual, the largest & most trusted crypto insurance alternative, is developing slashing protection cover specifically for stakers in Babylon's protocol LONDON, UNITED KINGDOM, April 28, 2025 /⁨EINPresswire.com⁩/ -- With billions of …

Balfour Capital Welcomes Amine El Aissaoui as Investment Advisor

Hedge Funds, Investments, Trading YVERDON-LES-BAINS, SWITZERLAND, April 28, 2025 /⁨EINPresswire.com⁩/ -- Balfour Capital Group Expands Investment Advisory Excellence with Appointment of Amine El Aissaoui Balfour Capital Group (BCG), a global …

Balfour Capital Welcomes Adeeb Almansour as Investment Advisor

Hedge Funds, Investments, Trading YVERDON-LES-BAINS, SWITZERLAND, April 28, 2025 /⁨EINPresswire.com⁩/ -- Balfour Capital Group Expands Global Advisory Team with Appointment of Adeeb Almansour Balfour Capital Group (BCG), a leading international …

Soluta Welcomes John Sugar as Vice President, Customer Success

AUSTIN, TX, UNITED STATES, April 28, 2025 /⁨EINPresswire.com⁩/ -- Soluta, a leading provider of automated billing, reconciliation, and payment processing services for employee benefit programs, is pleased to announce the appointment of John Sugar …

Chef with Local Ties Named to Lead the Kitchen at The Shoreline Hotel’s Restaurant, Cabana Anna’s

Josh Brown brings a wealth of experience to an eatery named after the owner’s late grandmother who was an inspiration to many SPRING PARK , MN, UNITED STATES, April 28, 2025 /⁨EINPresswire.com⁩/ -- The Shoreline Hotel and Cabana Anna’s Restaurant …

EY unveils Dr. Barry Patel & Dr. Wade Smith as finalists for Entrepreneur Of The Year® 2025 Southeast Award

EY US unveils Dr. Barry Patel and Dr. Wade Smith of Galt Companies as an Entrepreneur Of The Year® 2025 Southeast Award finalist ATLANTA, GA, UNITED STATES, April 28, 2025 /⁨EINPresswire.com⁩/ -- Ernst & Young LLP (EY US) announced the finalists for …

SendQuick and pQCee Announce Strategic Partnership to Drive Quantum-Ready Solutions

Empowering Over 1,000 Enterprises and SMEs with Post-Quantum Messaging and Authentication Capabilities SINGAPORE, April 28, 2025 /⁨EINPresswire.com⁩/ -- SendQuick Pte Ltd, a trusted provider of messaging and authentication platforms and pQCee Pte Ltd, a …