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A service for banking industry professionals · Wednesday, June 18, 2025 · 823,401,526 Articles · 3+ Million Readers
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  • Published on Jun 17, 2025

    Nigeria, others face 20-year COVID rebound – W’Bank

    The World Bank has said that it may take Nigeria and other developing countries about 20 years to recover from the economic losses suffered during the COVID-19 pandemic. This was disclosed by the Senior Vice President and Chief Economist, World Bank Group, …

    Source: Punch - Indeterminate
  • Published on Jun 17, 2025

    From globalism to regionalism

    From the 15th century, the world was under the colonial rule of Western powers across Africa, Asia and Latin America until the 20th century—plundering resources by all means, fragmenting values and cultures, altering religions and dismantling societies …

    Source: Pakistan Observer - Pro-Government
  • Published on Jun 16, 2025

    U.S. Lawmakers Ponder A Remittance Tax

    A woman counts money outside a U.S. remittance collection agency in San Isidro, 70 km northeast of ... More San Salvador, on June 10, 2020, amid the new coronavirus pandemic. (Photo by MARVIN RECINOS / AFP) (Photo by MARVIN RECINOS/AFP via Getty …

    Source: Forbes - Neutral
  • Published on Jun 17, 2025

    Power failures spark push for renewable energy

    With a particular focus on the role of the Nigerian Electricity Regulatory Commission, DAMILOLA AINA highlights how regulatory frameworks and strategic initiatives help to accelerate the adoption of distributed renewable energy systems. By embracing these …

    Source: Punch - Indeterminate
  • Published on Jun 17, 2025

    Punjab’s debt stock rises Rs25bn YoY

    LAHORE: The Punjab government’s total debt stock has increased by Rs 25 billion, year-on-year increase of 1.5 percent, during the current fiscal year (FY). According to the Punjab Budget 2025-26 documents released on Monday, at the end of June 2025, Punjab …

    Source: Business Recorder - Neutral
  • Published on Jun 17, 2025

    Growing geopolitical risk jars global economy

    THE 1920s are widely known as the “roaring 20s” of economic prosperity before the Great Depression. However, the 2020s increasingly risk becoming a “warring 20s”, not least with the recent, growing tensions in the Middle East. The context for these growing …

    Source: The Business Times Singapore - Neutral
  • Published on Jun 17, 2025

    Top 10 International Anti-Corruption Developments for May 2025

    Designed for busy in-house counsel, compliance professionals, and anti-corruption lawyers, this newsletter summarizes some of the most important international anti-corruption law and enforcement developments from the past month, with links to primary …

    Source: JD Supra - California - Neutral
  • Published on Jun 16, 2025

    Fruits of deepening partnership defy criticism

    SONG CHEN/CHINA DAILY An old saying, "birds are strong with wings, people are strong with friendship", illustrates well China's assistance to modernize Kyrgyzstan's agricultural sector. China has been providing Kyrgyzstan with …

    Source: China Daily - Gov't Propaganda
  • Published on Jun 16, 2025

    FATF snub to India

    In yet another attempt to malign Pakistan on the global stage, India lobbied aggressively to have the country reinserted into the FATF grey list. But much to New Delhi's frustration, the move not failed badly. FATF member states refused to entertain …

    Source: The Express Tribune - Indeterminate
  • Published on Jun 16, 2025

    Provincial debt rises to Rs1.71 trillion

    LAHORE: Punjab's total debt stock increased by Rs25 billion during the fiscal year 2024–25, reflecting a 1.5 per cent year-on-year rise, according to official budget documents released on Monday. By the end of the ongoing month, the province's …

    Source: The Express Tribune - Indeterminate
  • Published on Jun 16, 2025

    FDI Flows to Developing Economies Drop to Lowest Level Since 2005

    High Trade and Investment Barriers Pose Threat to Mobilizing Financing for Development WASHINGTON, June 16, 2025—Flows of foreign direct investment (FDI) into developing economies—a key propellant of economic growth and higher living standards—have …

    Source: The World Bank - Washington D.C. - Gov't Institution
  • Published on Jun 16, 2025

    Central Asia’s new economic, political strategy

    Central Asia — encompassing the former Soviet republics of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan — was among the world’s most troubled regions in the years immediately following the breakup of the Soviet Union. To this day, these …

    Source: Taipei Times - Neutral
  • Published on Jun 16, 2025

    Asialink gets P120-M credit line to boost lending to MSMEs

    ASIALINK Finance Corp. has secured a P120-million credit line from Taiwan’s Mega International Commercial Bank Co. Ltd. (Mega ICBC) to boost lending to small businesses. The partnership will help expand micro, small, and medium enterprises’ (MSMEs) access …

    Source: Business World - Neutral
  • Published on Jun 16, 2025

    What’s Next For Iran, The Nuclear Deal, And The Oil Price After Israeli Attacks?

    Unsurprisingly following Israel’s largest-ever military strikes against Iran over the weekend, none of the scheduled talks for Sunday between the Islamic Republic and the U.S. over a new Joint Comprehensive Plan of Action (JCPOA, or colloquially ‘the …

    Source: Oil Price - Neutral
  • Published on Jun 17, 2025

    Bank Rate Cut By RBI Will Have Little Impact On Economy

    (MENAFN- The Arabian Post) By Nantoo Banerjee With the country's consumer price inflation rate hovering around 3.20 percent in the last two years, the Reserve Bank of India's latest decision to cut the bank rate by 50 basis points, the third …

    Source: MENAFN - Indeterminate
  • Published on Jun 16, 2025

    Trump’s Nuclear Energy Executive Orders: The Positive, the Problematic, and the Implausible

    President Trump’s nuclear energy executive orders aim to revive US nuclear leadership, but a lack of financing and overreliance on regulatory reduction could undermine safety and effectiveness. President Trump has issued four nuclear energy executive …

    Source: The National Interest - Washington D.C. - Right-wing
  • Published on Jun 16, 2025

    Work Is Not Well-Being

    Global unemployment stands at a historic low of 5%, yet more than two billion workers remain financially insecure. Policymakers now face an urgent choice: watch the gulf between work and well-being continue to widen, or shift their focus from maximizing …

    Source: Project Syndicate - New York - Center-left
  • Published on Jun 16, 2025

    Congolese miners are paying the price for the green transition

    The green energy transition is one of our last hopes of keeping our home planet from crumbling – or at least keeping global heating below 1.5 degrees. Road transport – cars, buses and trucks – contribute about 15 percent of global carbon emissions. That …

    Source: Landscape News - Neutral
  • Published on Jun 16, 2025

    Business : International Collaboration Crucial For ASEAN’s Sustainable Energy Future -- Fadillah

    KUCHING, June 16 (Bernama) -- International collaboration is vital for ASEAN to realise a sustainable energy future, as this aspiration requires member states to adopt innovative technologies and strengthen power infrastructure, Deputy Prime Minister Datuk …

    Source: Bernama - Pro-Government

13 days 17:57:23

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  • Published on June 17, 2025 - 18:13 GMT

    Significant support from World Bank in implementing major projects

    Антић је на скупу "CO2 – могућности прикупљања, коришћења и складиштења" (CCUS) истакао да би у први план требало ставити одговоран однос према животној средини у смислу коришћења фосилних горива и нових технологија које треба да смање емисију уг …

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  • Published on June 17, 2025 - 14:48 GMT

    World Bank: FDI in Developing Nations Hits Lowest Since 2005

    (MENAFN) World Bank data released on Monday paints a bleak picture for emerging markets, as foreign direct investment (FDI) plunged to just $435 billion in 2023 — marking the weakest inflow since 2005. The decline reflects mounting global trade …

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  • Published on June 17, 2025 - 14:48 GMT

    World Bank Reports Drop of FDI in Developing Markets

    (MENAFN) The World Bank announced on Monday that foreign direct investment (FDI) in developing markets dropped to USD435 billion in 2023—the lowest level observed since 2005. This sharp decrease is attributed to intensifying global restrictions on trade …

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  • Published on June 18, 2025 - 15:00 GMT

    G7 Leaders Rally Behind Trump’s Peace Bid

    (MENAFN) Ukrainian head of state Volodymyr Zelenskyy reported on Wednesday that the Group of Seven had thrown their support behind US President Donald Trump’s drive for “a just and lasting peace.”  He implored Moscow to mirror Kyiv’s pledge to halt …

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  • Published on June 16, 2025 - 09:07 GMT

    Bangladesh Secures USD250M World Bank Funding

    (MENAFN) The World Bank’s board of executive directors has greenlit $250 million in funding aimed at elevating public sector efficiency across Bangladesh by enhancing transparency, accountability, and operational effectiveness within pivotal government …

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  • Published on June 18, 2025 - 05:11 GMT

    Chair’s Summary

    CANADA, June 17 - The Leaders of the Group of Seven (G7) gathered in Kananaskis, Alberta, from June 15-17, 2025, with the objective of building stronger economies by making communities safer and the world more secure, promoting energy security and …

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  • Published on June 17, 2025 - 21:51 GMT

    G7 Critical Minerals Action Plan

    CANADA, June 17 - We, the Leaders of the G7, recognize that critical minerals are the building blocks of digital and energy secure economies of the future. We remain committed to transparency, diversification, security, sustainable mining practices, …

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  • Published on June 15, 2025 - 18:35 GMT

    Saudi Arabia, Qatar start financial assistance to Syria

    (MENAFN) Saudi Arabia and Qatar have unveiled a joint initiative to provide financial assistance to Syria’s public sector workers, aiming to support the country’s broader economic recovery, according to official reports. The aid will be distributed over …

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