World News

Global Growth to Remain Stable, but Slow-IMF MD

July 26, 2024/IMF International Monetary Fund Managing Director Kristalina Georgieva delivered the following remarks at the third meeting of the G20 Finance Ministers and Central Bank Governors in Rio de Janeiro, Brazil: “I would like to thank the Government of Brazil for its generous hospitality, and Minister Haddad and Governor […]

Federal Bank Regulatory Agencies Seek Comment on Interagency Effort to Reduce Regulatory Burden

July 25, 2024/US Federal Reserve The federal bank regulatory agencies today announced their second notice requesting comment to reduce regulatory burden. The Economic Growth and Regulatory Paperwork Reduction Act of 1996 requires the Federal Financial Institutions Examination Council and federal bank regulatory agencies to review their regulations every 10 years […]

Adesina Briefs African Leaders on Bank’s Progress in Mobilizing Financial Resources for the Continent

The year began with the African Development Bank successfully launching a globally acclaimed landmark $750 million hybrid capital, the first ever by a multilateral financial institution July 23, 2024/AfDB The president of the African Development Bank Group, Dr. Akinwumi Adesina, has outlined the Bank’s successes in mobilizing financial resources for […]