Tag #International Finance

nos.nl
🌐 75% Global Worthiness
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ABN Amro Appoints First Female CEO

ABN Amro will appoint Marguerite Bérard, a former BNP Paribas executive, as its new CEO in April, pending regulatory approval; this marks the first time a woman will lead one of the Netherlands' three largest banks.

Progress

44% Bias Score

Gender Equality
theglobeandmail.com
🌐 85% Global Worthiness
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U.S.-Driven Market Boom Defies Global Uncertainty in 2024

In 2024, global stock markets defied expectations, rising over 17% despite geopolitical instability, largely due to a booming U.S. market fueled by AI investment and robust growth, leading to a stronger dollar and increased global exposure to U.S. trends.

Progress

48% Bias Score

Reduced Inequality
forbes.com
🌐 75% Global Worthiness
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S&P 500 Soars 28% in 2024: A Fundamental Recovery

The S&P 500's 28% year-to-date gain in 2024, exceeding expectations, stems from a fundamental recovery following 2022's selloff, driven by recession fears that did not materialize, and is less dependent on the technology sector's performance.

Progress

40% Bias Score

Reduced Inequality
nrc.nl
🌐 85% Global Worthiness
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IDA Secures $100 Billion Budget Amidst Shifting Donor Priorities

The World Bank's IDA secured a $100 billion budget for 2025-2027 to fund development projects in 78 impoverished nations, a $7 billion increase from the previous budget, despite decreased contributions from some traditional European donors due to competing budgetary priorities.

Progress

44% Bias Score

No Poverty
taz.de
🌐 85% Global Worthiness
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Cum-Ex Tax Fraud Continues Despite 2012 Law Changes

Former German Cum-Ex investigator Anne Brorhilker claims that Cum-Ex and Cum-Cum tax fraud schemes, which cost the German government an estimated €38 billion, continue despite a 2012 law change, hindering recovery efforts due to international data transfer and insufficient investigative resources.

Progress

48% Bias Score

Reduced Inequality
lemonde.fr
🌐 85% Global Worthiness
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Lactalis Pays €475 Million to Settle French Tax Dispute

Lactalis, a French dairy company, paid €475 million to French tax authorities in December 2024 to settle a dispute regarding its international financing operations, involving subsidiaries in Belgium and Luxembourg, while a criminal investigation into potential tax evasion continues.

Progress

40% Bias Score

Reduced Inequality
kathimerini.gr
🌐 75% Global Worthiness
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Greece's Soaring Current Account Deficit Amidst High Economic Growth

Greece's current account deficit drastically increased from 1.5% of GDP in 2019 to 10.3% in 2022 due to high economic growth (6%) exceeding that of trading partners, fueled by increased international capital inflows compensating for low domestic savings.

Progress

36% Bias Score

Decent Work and Economic Growth
lemonde.fr
🌐 85% Global Worthiness
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IDA Seeks Over $105 Billion to Fund Poorest Nations Amidst Funding Competition

The World Bank's International Development Association (IDA) seeks to raise over $105 billion at its Seoul conference (Dec 5-6) to fund basic services in 78 impoverished nations, facing increased needs and higher borrowing costs amid global funding competition.

Progress

44% Bias Score