World Bank Press Release: Caribbean Youth Invited to Share Views on Job and Skills Shortages
Kingston, Jamaica ,October 24, 2024 – On the occasion of the International Day for the Eradication of Poverty 2024, the World Bank launched a Regional Opinion Essay Competition, open to youth across the Caribbean aged 18 to 29. The winner will…
Cayman Appointed One of First Ever FATF Guest Members
At its latest Plenary, the Financial Action Task Force (FATF) announced that the Cayman Islands and Senegal are the first countries appointed as guest members under the new Regional Bodies’ Guest Initiative. Created by the new FATF President, Ms Elisa de Anda Madrazo, the…
IMF Fiscal Monitor Key Messages
The IMF sees countries debt growing above 100% of global GDP, Vitor Gaspar, head of the Fund’s Fiscal Affairs Department said ahead of the launch of the Fiscal Monitor (FM) Wednesday (October 23) in Washington, DC. “Deficits are high and global…
IMF World Economic Outlook Presser
Global growth is projected to be 3.2%, with the battle against inflation largely won the IMF said in its World Economic Outlook (WEO) forecast Tuesday (October 22, 2024) in Washington, DC. “The battle against inflation is almost won. After peaking…
IMF Global Financial Stability Report Highlights
The global risk of recession is receding as inflation has eased toward central bank targets, IMF Director of Monetary and Capital Markets Department Tobias Adrian said Tuesday (October 22) in Washington, DC. “Now with inflation heading towards target in, in…
IMF Global Financial Stability Report Soundbites
Global banking and financial markets are calm with low volatility as central banks have begun easing rates after bringing inflation back near target, the IMF said in Washington, DC Tuesday (October 22). “Prospects of an economic smooth landing and more…
Kia Announces 2025 EV9 Pricing
KIA America Many trims see no change in pricing from MY 2024 Kia America has announced pricing for the award-winning all-electric 2025 Kia EV9 three-row EV SUV, with only the Light Long Range trim seeing a modest increase of just…
IMF World Economic Outlook Highlights
The outlook for global growth has improved, but still faces medium-term challenges the IMF is reporting in its latest forecast released Tuesday (October 22) in Washington, DC. Inflation is moderating back toward target and growth stabilizing, but long-term productivity gains…
IMF Annual Meetings B−Roll 2024
The world’s financial leaders are set to meet in Washington, DC this week for the IMF and World Bank Group Annual Meetings. This year marks 80 years since the founding of the cornerstone international financial institutions at a resort in…
IMF Fiscal Monitor Presser
Global debt is on a path to top total world GDP by the end of the decade, the IMF announced in the Fiscal Monitor Report released Wednesday (October 23) in Washington, DC. “Deficits are high, and global public debt is…