General ETF News for the Past Year
Indxx Charts New Heights: $40 Billion in Assets Tracking Indxx Indices
December 6, 2024-Indxx, a provider of indexing solutions for exchange traded funds (ETFs), is pleased to announce that assets tracking its indices across the globe have surpassed $40 billion.
Developing Countries Paid Record $1.4 Trillion on Foreign Debt in 2023
December 3, 2024--Financial Squeeze on Poorest Economies Tightened as Private Creditors Retreated
Developing countries spent a record $1.4 trillion to service their foreign debt as their interest costs climbed to a 20-year high in 2023, the World Bank's latest International Debt Report shows. Interest payments surged by nearly a third to $406 billion, squeezing the budgets of many countries in critical areas such as health, education, and the environment.
New report examines how artificial intelligence may shape future of international trade
November 21, 2024--A new report published today (21 November) by the WTO Secretariat discusses the potential impact of artificial intelligence (AI) on world trade. The report examines key trade-related policy considerations raised by this technology and discusses the critical role of the WTO in facilitating AI-related trade, ensuring trustworthy AI, and promoting global regulatory convergence.
OECD GDP growth remains stable in the third quarter of 2024
November 21, 2024--"Gross domestic product (GDP) in the OECD rose by 0.5% in the third quarter of 2024, slightly up from 0.4% in the previous quarter, according to provisional estimates."
Gross domestic product (GDP) in the OECD rose by 0.5% in the third quarter of 2024, slightly up from 0.4% in the previous quarter,1 according to provisional estimates (Figure 1).
The overall GDP growth rate for the G7 remained unchanged in Q3 2024, at 0.5%. This reflects a mixed picture among G7 countries. While growth in the United States remained stable in Q3 at 0.7%, it slowed in Canada and Japan (from 0.5% in Q2 to 0.2% in Q3 in both countries), the United Kingdom (from 0.5% to 0.1%) and Italy (from 0.2% to 0.0%).
G20 Economies Should Target Reforms to Boost Medium-Term Growth Prospects
November 21, 2024--Improving fiscal policy frameworks, fostering education and skills, and supporting the green transition can help ensure strong, sustainable, balanced, and inclusive growth
For most Group of Twenty economies, growth is poised to weaken over the next five years and remain well below what was typical in the two decades before the pandemic.
That's one of the biggest shared challenges for the group, which accounts for about 85 percent of global gross domestic product.
Report shows surge in G20 trade-restrictive measures amid increased unilateral policies
November 13, 2024--Trade restrictive measures introduced by G20 economies significantly increased in coverage over the past year, according to the 31st WTO Trade Monitoring Report on G20 trade measures issued on 13 November. Although G20 economies also continued to introduce wide-ranging trade facilitating measures, the report points to increasing evidence of inward-looking and unilateral trade policy decisions.
