News from December 2021
Energous celebrates 'milestone' as it brings over-the-air power solutions to India
By Andy Nghiem | Dec 23, 2021
The Energous Corporation announced Dec. 7 it has received its first regulatory approval for RF-based power transfer in Asia
Advicenne 'pleased' with European distribution of Subnayal
By Andy Nghiem | Dec 23, 2021
Pharmaceutical company Advicenne recently announced that it has made significant strides in marketing its flagship product Subnayal in Europe.
Zilliant's 'passion' for customers leads to significant growth in Europe
By John Suayan | Dec 23, 2021
Austin, Texas-based software company Zilliant said in a recent press release that it has experienced significant growth in Europe.
Conviva partners with Experian to expand 'robust' audience measurement capabilities
By John Kelly | Dec 22, 2021
Conviva recently announced a partnership with Experian to make way for the international expansion of its audience measurement capabilities next year.
OneStream 'excited' to expand APAC presence with Singapore office
By John Suayan | Dec 22, 2021
Rochester, Michigan-based software company OneStream Software LLC recently announced the opening of its third Asia-Pacific regional office in Singapore.
Gross Domestic Product (third estimate), corporate profits (revised estimate), and GDP by industry, third quarter 2021
By Press Release | Dec 22, 2021
Real gross domestic product (GDP) increased at an annual rate of 2.3 percent in the third quarter of 2021 (table 1), according to the "third" estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP increased 6.7 percent.
IMF staff completes 2021 virtual staff visit to Kiribati
By Press Release | Dec 22, 2021
An International Monetary Fund (IMF) team, led by Ms. Sarwat Jahan, held virtual staff-level discussions with the authorities in Kiribati during December 6–16, 2021.
IMF executive board concludes third review under Jordan’s extended arrangement
By Press Release | Dec 22, 2021
The Executive Board of the International Monetary Fund (IMF) today completed the third review of Jordan’s program supported by the Extended Fund Facility (EFF).
IMF executive board approves Moldova’s requests for arrangements under Extended Fund Facility and Extended Credit Facility
By Press Release | Dec 22, 2021
The Executive Board of the International Monetary Fund (IMF) approved Moldova’s requests for an economic reform program under the Extended Credit Facility (ECF) and Extended Fund Facility (EFF) arrangements [1] today.
TNS investing in 'fast-developing' Asian markets
By Steven Hughes | Dec 22, 2021
Transaction Network Services (TNS) is investing resources to enhance global connectivity in Asia, as many companies on the continent experience global growth.
Statement at the end of an IMF staff visit to Mozambique
By Press Release | Dec 22, 2021
An International Monetary Fund (IMF) staff team led by Mr. Alvaro Piris conducted discussions virtually in the context of the 2021 Article IV Consultation with Mozambique ending on December 16, 2021.
Energy producers question Biden administration's suggested changes to oil, gas leasing practices
By Augustus Griffith Jr. | Dec 22, 2021
The Institute for Energy Research (IER) recently responded to the U.S. Department of the Interior's report that recommended "significant reforms" be made to federal oil and gas leasing practices.
Waterloo 'thrilled' to partner with online e-commerce platform, expand global reach
By Andy Nghiem | Dec 21, 2021
To increase its fast-growing presence in markets overseas, Waterloo Sparkling Water recently entered into a deal to offer its products on Grovara's online marketplace, according to a press release.
TAI Engineers, LLC 'pleased' to represent Ghenova Ingenierí in the US, India
By Andy Nghiem | Dec 21, 2021
Maritime solutions provider TAI Engineers, LLC recently agreed to serve as an exclusive representative of Ghenova Ingeniería, S.L. in the United States and India, according to a press release.
U.S. international transactions, third quarter 2021
By Press Release | Dec 21, 2021
Current-Account Deficit Widens by 8.3 Percent in Third Quarter
AM Best: Rejection of 'billions' in lawsuit payouts leads to improved commercial property outlook
By John Kelly | Dec 21, 2021
A recent AM Best report revealed U.S. commercial property markets are stabilizing after months of unsatisfying figures.
CBD.market promises to process orders 'quickly' in US, Australia expansion
By Andy Nghiem | Dec 21, 2021
CBD.market, an online retailer, has recently confirmed plans to expand its CBD oil product offerings to new markets in U.S. territories including Puerto Rico, Guam and the U.S. Virgin Islands The company has also started to ship products to Australia.
IMF staff completes 2021 Article IV mission to Bangladesh
By Press Release | Dec 20, 2021
An International Monetary Fund (IMF) staff team, led by Mr. Rahul Anand, visited Dhaka from December 5-19 to hold discussions on the 2021 Article IV Consultation with Bangladesh.
IMF executive board completes the 2021 Article IV consultation and second reviews of the Extended Arrangement under the EFF and ECF Arrangements for Kenya
By Press Release | Dec 20, 2021
The Executive Board of the International Monetary Fund (IMF) completed today the 2021 Article IV Consultation [1] and the Second reviews of the 38-month Extended Arrangement under the Extended Fund Facility (EFF) and 38-month arrangement under Extended Credit Facility (ECF) for Kenya.
Georgieva suggests vaccines might ease inflation; 'need to reach the targets'
By David Hutton | Dec 20, 2021
In the wake of the COVID-19 pandemic, the world economy finds itself on shaky ground, with inflation gripping many nations.