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President Sheinbaum unveils credit boost agreement with bankers at 89th Banking Convention, graph shows rise to 45% of GDP.
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Sheinbaum and banks agree to raise credit to 45% of GDP

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At the 89th Banking Convention inauguration, President Claudia Sheinbaum urged bankers to boost credit from 38% to 45% of GDP to drive development. Mexico's Banking Association committed to this goal by 2030. Sheinbaum also unveiled a new infrastructure investment law.

Anti-Money Laundering Council executive director Matthew David has requested a transfer within the Bangko Sentral ng Pilipinas. Arnold Kabanlit was designated as acting director to ensure leadership continuity. The move comes amid a major probe into corruption in flood control projects.

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Mamlaka ya Kenya National Highways Authority (KeNHA) imetangaza kurejeshwa kwa trafiki katika Globe Roundabout kando ya Thika Superhighway. Barabara hiyo ilifungwa kwa wiki mbili ili kurekebisha Nairobi River Bridge. Wafanyabiashara na abiria sasa wanaweza kusafiri bila vizuizi.

The Public Lighting and Technological Developments Company (ESIP) inaugurated the lighting system at Neiva's skate rink with a 460 million peso investment. The project extends training hours for children, youth, and adults, enhancing safety and sports conditions. The event drew nearly a thousand people, featuring a skating show.

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Tume ya Ardhi ya Taifa (NLC) imethibitisha fidia ya haki kwa wamiliki wa ardhi zaidi ya 3,500 waliathiriwa na upanuzi wa Reli ya Mkali ya Kawaida (SGR) kutoka Naivasha hadi Kisumu na Malaba. Mkurugenzi Mtendaji Kabale Tache Arero alisema mradi huu utaleta uwezeshaji kiuchumi. Vikao vya umma vimeshaongezwa kushiriki jamii.

Naujan Mayor Henry Joel Teves claimed the municipal government has no records of a P289.5-million flood control project along Mag-Asawang Tubig River. However, his 2023 social media posts described it. The Independent Commission for Infrastructure found no liability for former House speaker Martin Romualdez.

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On March 1, Iran attacked Amazon Web Services data centers in the UAE with drones, disrupting digital services in the region. Ten days later, Tasnim news agency, linked to Iran's IRGC, declared offices and infrastructure of Google, Microsoft, IBM, Nvidia, Oracle, and Palantir in Israel and the Gulf as legitimate targets.

 

 

 

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