World News

President of Kenya visits GCA Headquarters to mobilize action ahead of Africa Climate Action Summit

May 8, 2023/GCA His Excellency William S. Ruto, President of the Republic of Kenya, visited the floating headquarters of the Global Center on Adaptation (GCA) in Rotterdam to participate in a Strategic Dialogue on the Africa Climate Action Summit. The Africa Climate Action Summit is being co-hosted by the Government […]

Monetary Policy Decisions: ECB Raises Rates by 0.25%

May 4, 2023/ECB Monetary policy decisions The inflation outlook continues to be too high for too long. In light of the ongoing high inflation pressures, the Governing Council today decided to raise the three key ECB interest rates by 25 basis points. Overall, the incoming information broadly supports the assessment […]

US Fed Issues FOMC Statement and Implementation Note From Its May 2023 Meeting

May 4, 2023/US Federal Reserve Economic activity expanded at a modest pace in the first quarter. Job gains have been robust in recent months, and the unemployment rate has remained low. Inflation remains elevated. The U.S. banking system is sound and resilient. Tighter credit conditions for households and businesses are […]