Contextualized embeddings based on large language models (LLMs) are available for various languages, but their coverage is often limited for lower resourced languages. Using LLMs for such languages is often difficult due to a high computational cost; not only during training, but also during inference. Static word embeddings are much more resource-efficient ("green"), and thus still provide value, particularly for very low-resource languages. There is, however, a notable lack of comprehensive repositories with such embeddings for diverse languages. To address this gap, we present GrEmLIn, a centralized repository of green, static baseline embeddings for 87 mid- and low-resource languages. We compute GrEmLIn embeddings with a novel method that enhances GloVe embeddings by integrating multilingual graph knowledge, which makes our static embeddings competitive with LLM representations, while being parameter-free at inference time. Our experiments demonstrate that GrEmLIn embeddings outperform state-of-the-art contextualized embeddings from E5 on the task of lexical similarity. They remain competitive in extrinsic evaluation tasks like sentiment analysis and natural language inference, with average performance gaps of just 5-10\% or less compared to state-of-the-art models, given a sufficient vocabulary overlap with the target task, and underperform only on topic classification. Our code and embeddings are publicly available at https://huggingface.co/DFKI.

Fine-grained financial sentiment analysis on news headlines is a challenging task requiring human-annotated datasets to achieve high performance. Limited studies have tried to address the sentiment extraction task in a setting where multiple entities are present in a news headline. In an effort to further research in this area, we make publicly available SEntFiN 1.0, a human-annotated dataset of 10,753 news headlines with entity-sentiment annotations, of which 2,847 headlines contain multiple entities, often with conflicting sentiments. We augment our dataset with a database of over 1,000 financial entities and their various representations in news media amounting to over 5,000 phrases. We propose a framework that enables the extraction of entity-relevant sentiments using a feature-based approach rather than an expression-based approach. For sentiment extraction, we utilize 12 different learning schemes utilizing lexicon-based and pre-trained sentence representations and five classification approaches. Our experiments indicate that lexicon-based n-gram ensembles are above par with pre-trained word embedding schemes such as GloVe. Overall, RoBERTa and finBERT (domain-specific BERT) achieve the highest average accuracy of 94.29% and F1-score of 93.27%. Further, using over 210,000 entity-sentiment predictions, we validate the economic effect of sentiments on aggregate market movements over a long duration.