September 24, 2025 - 18:43
United Nations Holds Inaugural Biennial Summit to Enhance Global Cooperation for Sustainable Development
New York, 24 September 2025 - The United Nations has convened its first Biennial Summit, aiming to strengthen multilateral collaboration and reform the international financial system to promote sustainable development. This landmark event is a significant step in fulfilling commitments outlined in the Pact for the Future, which emphasizes the need for an updated International Financial Architecture that addresses contemporary global challenges.
The summit brings together world leaders, financial experts, and representatives from various sectors to discuss innovative strategies and policies that can drive sustainable economic growth. Participants are focusing on creating a more inclusive financial system that supports developing nations and addresses pressing issues such as climate change, poverty, and inequality.
By fostering dialogue and cooperation among nations, the United Nations seeks to ensure that financial resources are aligned with sustainable development goals, ultimately leading to a more equitable and resilient global economy. This summit marks a pivotal moment in the ongoing effort to create a sustainable future for all.
September 24, 2025 - 04:09
Marshall Wace Takes Legal Action Against Crypto Data Firm's Financing PlansMarshall Wace has initiated legal proceedings to prevent crypto data provider Lukka Inc. from proceeding with its new financing initiative. The investment management firm argues that this move...
September 23, 2025 - 04:56
Strengthening Financial Support for SMEs Amid Rising Interest RatesSmall and medium-sized enterprises (SMEs) play a crucial role in the economies of the MENA region, yet they often remain underbanked. The current economic climate, characterized by high interest...
September 22, 2025 - 06:20
Asian Markets Show Mixed Performance as Investors Reflect on Recent RallyAsian markets experienced a blend of gains and losses on Monday as traders paused to assess the implications of last week`s rally, which was largely driven by the Federal Reserve`s decision to cut...
September 21, 2025 - 18:34
Impact of New H-1B Visa Fees on the Financial Services SectorThe recent changes to H-1B visa fees are set to significantly affect the financial services industry in the United States. As banks and financial institutions navigate these new costs, they may...