World Bank Group and IMF deepen joint effort to scale up climate action
New York, June 1 (HNA) – The World Bank Group (WBG) and the International Monetary Fund (IMF) are embarking on a significant journey, deepening their cooperation through an enhanced framework.…
13 organisations sign historic agreement to fight illegal seed practices
Istanbul, May 30 (HNA) – The International Seed Federation joined forces with 12 organisations representing and defending the interests of plant breeders worldwide to collaborate in the fight against illegal…
EU Council gives final green light to the first worldwide rules on AI
Istanbul, May 21 (HNA) – The European Council approved a ground-breaking law aiming to harmonise rules on artificial intelligence, the so-called Artificial Intelligence Act. The first of its kind globally,…
ECB: Financial stability vulnerabilities have eased, but the outlook remains fragile
Istanbul, May 18 (HNA) – Euro area financial stability conditions have improved as recession risks decline. Still, the European Central Bank (ECB) said in the latest report that markets remain…
COP28 – The world must move away from fossil fuels
Ersin Arslan / Istanbul, December 13 (HNA) – According to a new draft agreement at the COP28 Climate Summit, the world must move away from fossil fuels. Organisers of the…
EBRD to offer climate resilient debt clauses in sovereign, municipal loans
Istanbul, December 5 (HNA) – The European Bank for Reconstruction and Development (EBRD) will include climate resilient debt clauses (CRDC) in new loan agreements with sovereign, sovereign-guaranteed and municipal clients…
VENIS STUDIOS: The Reborn of Historic Culture Heritage to life in Art Doctors’ hands
Istanbul, December 2 (HNA) – Venizelos G. Gavrilakis, President of VENIS STUDIOS and his wife Vaia A. Karagianni Head Director of VENIS STUDIOS, brings to life the witnesses of culture…
IMF: The CBDCs could pose risks if not appropriately designed
London, November 21 (HNA) – Central bank digital currencies (CBDC) can improve payment systems as well as financial inclusion—if they are appropriately designed, stated the International Monetary Fund (IMF), warning…