Special Reports

The World Bank has announced that it has raised $23.7 billion to replenish its concessional lending arm, the International Development Association (IDA). This funding, secured through commitments from donor nations, will allow the World Bank to leverage the amount raised to unlock a record $100 billion in total spending power,...

Over 300 political and civic leaders from 45 countries across Europe, America, and Africa have pledged to advance freedom, family values, and a culture of life through a ten-year action plan known as the Madrid Commitment. This global alliance was unveiled during the VI Transatlantic Summit, organized by the Political...

Heidrick & Struggles (NASDAQ: HSII), a global leader in executive search and leadership advisory services, has released its third annual Board Monitor Report for the Kingdom of Saudi Arabia (KSA). The report underscores global trends showing that board responsibilities are expanding in complexity and scope, with higher stakes, growing uncertainties,...

The Malian government has issued an arrest warrant for Barrick Gold’s CEO, Mark Bristow, accusing him of money laundering and violations of financial regulations. The warrant comes amid ongoing tensions between Mali and foreign mining firms as the country intensifies efforts to secure more revenue from its natural resources. This...

In alignment with the European Green Deal and the second EU Circular Economy Action Plan, the European Union has introduced a new Waste Shipments Regulation that establishes stricter controls on the movement of waste within the EU and its import and export to non-EU countries. The regulation aims to prevent...

Jensen Huang, the 61-year-old co-founder and CEO of Nvidia, ranks as the 10th wealthiest individual in the United States, with a staggering net worth of $127 billion. While estates of this magnitude are typically subject to a 40% federal estate tax—potentially surpassing $50 billion—Huang’s carefully designed financial strategies are expected...

As inflation and operational expenses continue to rise, CFOs are increasingly stepping into the tech decision-making arena to ensure better business outcomes. Traditionally, finance and IT departments operated independently, but new research highlights a growing collaboration between CFOs and CIOs. Despite occasional friction, both roles agree that their partnership is...

Global trade is projected to reach an unprecedented $33 trillion in 2024, according to the latest Global Trade Update released by UN Trade and Development (UNCTAD) on 5 December. This marks a $1 trillion increase from the previous year, representing 3.3% annual growth—a testament to the resilience of global trade...

The combined net worth of Nigeria’s four wealthiest individuals has dropped to $23.8 billion, a decline of $4 billion from $27.8 billion earlier this year. The downturn, spanning the past eight months, has been attributed to several economic challenges, including persistent naira devaluation and soaring inflation. These billionaires, who hold...

Teton County has maintained its position as the wealthiest county in the United States for two decades, with per capita incomes reaching a record $471,751 in 2023. This figure puts the average household income in Jackson Hole—a region with approximately 2.4 people per household—at an astonishing $1.13 million, far outpacing...