News from 2021
IMF executive board approves a US$76 million disbursement under the Rapid Credit Facility to Burundi to address the COVID-19 pandemic
By Eva Graf | Oct 26, 2021
The Executive Board of the International Monetary Fund (IMF) approved a disbursement of SDR 53.9 million (35 percent of quota, about US$76.2 million) under the Rapid Credit Facility (RCF).
ADM partners with China-based Vland 'to explore the promising market of human probiotics' in the region
By Andy Nghiem | Oct 25, 2021
Food processing and nutrition company ADM has partnered with Qingdao Vland Biotech Group Co., Ltd. (Vland) to expand its human probiotics offering in China and better serve the demand of the nutrient supplements in the region.
'You have to look elsewhere': Tech companies embrace remote work
By Ariana Chiarenza | Oct 24, 2021
In the wake of the early days of the pandemic, many tech companies have deemed it best to permanently adopt a fully remote model, while some look for ways to return to normality after months of working from home.
Barrell Craft Spirits looks for 'future growth' in Australia with new release
By Trina Thomas | Oct 23, 2021
Stellum Spirits will make its presence known in Australia with inaugural bourbon and rye expressions followed with single barrel releases later this year, a press release said.
Global suppliers face problems after pandemic disrupts supply chain 'at every corner'
By Ariana Chiarenza | Oct 23, 2021
Global suppliers continue to face problems while demands steadily increase due to the rattling of supply chains during the ongoing COVID-19 pandemic.
Circle commits to USDC on Hedera network
By Ariana Chiarenza | Oct 22, 2021
Circle, a global financial technology firm, announced Oct. 18 its commitment to provide support for USD Coin (USDC) on the Hedera Network, well-known as one of the most used, sustainable, enterprise-grade public networks for the decentralized market.
Netflix megahit 'Squid Game' value surges to almost $900 million
By Ariana Chiarenza | Oct 22, 2021
New internal metric data reviewed by Bloomberg reports that Netflix’s popular new TV show “Squid Game” is valued at almost $900 million since its launch on the digital platform in September.
Nisos 'excited' to expand to Northern Ireland
By David Beasley | Oct 22, 2021
U.S.-based cybersecurity company Nisos is expanding to Belfast, Northern Ireland where it will build a software and technical center, the company recently announced in a news release.
Ignitho Technologies names Ashin Antony CTO
By David Beasley | Oct 22, 2021
Ashin Antony is the new chief technology officer of Ignitho Technologies, the company recently announced.
TRHC signs letter of intent with Pharmaceutical Association of Israel to 'better serve' patients, promote medication risk assessment
By Bob Martin | Oct 22, 2021
Healthcare technology company Tabula Rasa HealthCare, Inc. (TRHC) announced Oct. 18 it has signed a letter of intent with the Pharmaceutical Association of Israel (PAI) to promote MedWise Science.
IMF staff concludes visit to Serbia
By Raphael Anspach | Oct 22, 2021
An International Monetary Fund (IMF) mission, led by Jan Kees Martijn, held virtual and in-person meetings with the Serbian authorities during October 11 – 22, 2021, to discuss progress under the PCI.
PRophet, PeakMetrics partner to increase access to journalists
By Bob Martin | Oct 22, 2021
In an effort to expand their media projection data strategy worldwide, PRophet and PeakMetrics announced a partnership Oct. 18.
ANZ appoints Paul White as divisional CIO for Australia
By Globe Banner | Oct 22, 2021
ANZ has announced the appointment of Paul White as the Divisional Chief Information Officer for its Australia business.
Jensen Partners names new managing director for Asia
By Bob Martin | Oct 21, 2021
Corporate advisory firm Jensen Partners recently announced the appointment of Sophie Norris as Managing Director, Head of Asia.
Metaverse appears to herald future of Facebook
By T.H. Lawrence | Oct 21, 2021
Facebook apparently plans to change its name to something that is more indicative of the metaverse brand that Mark Zuckerberg is trying to build, according to a report published by The Verge on Tuesday.
Shirin Hamid to become the IMF’s Chief Information Officer and Director of the Information and Technology Department
By Alistair Thomson | Oct 21, 2021
Ms. Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), announced today her intention to appoint Ms. Shirin Hamid as Chief Information Officer (CIO) and Director of the Information Technology Department (ITD). Ms. Hamid’s selection was the outcome of an internationally competitive process.
Sub-Saharan Africa: One planet, two worlds, three stories
By Press Release | Oct 21, 2021
Sub-Saharan Africa’s economy is set to recover in 2021 – a marked improvement over the extraordinary contraction of 2020. This rebound is most welcome and primarily results from a favorable external environment, including a sharp improvement in trade and commodity prices.
Babylon, Microsoft collaborate to improve healthcare experience
By Bob Martin | Oct 21, 2021
Healthcare company Babylon announced Oct. 18 it is collaborating with technology giant Microsoft in an effort to improve the overall healthcare experience for patients and providers.
YouTube criticized for 'unjustified' censorship in Germany
By George Willis | Oct 21, 2021
German Court Rules Removing Content Was 'Unjustified'
AccuWeather expands MinuteCast app internationally
By Trina Thomas | Oct 21, 2021
AccuWeather announced Oct. 12 its weather tracking tool will expand its presence to all of Central and South America, Mexico and the Caribbean.