News published on Globe Banner in April 2025

News from April 2025


BaFin announces warning on unauthorized tronixrise.com

The Federal Financial Supervisory Authority (BaFin) has issued a warning regarding the website tronixrise.com, which is offering financial, investment, and crypto asset services without the necessary authorization.


Expert urges reform on uterus transplant laws in Mexico

The discussion around maternal health in Mexico has primarily been concerned with health outcomes and access to healthcare, with less focus on reproductive challenges for women unable to conceive.


KfW supports coalition agreement's focus on social market economy and climate targets

KfW has expressed its approval of the new coalition agreement presented by the CDU, CSU, and SPD, which focuses on bolstering the social market economy and maintaining German and European climate targets.


WTO elects Ambassador Abdulhamid as Chair for services negotiations

Ambassador Abdulhamid has been elected as the new Chair of the Council for Trade in Services Special Session (CTS SS) in a meeting where his nomination was previously endorsed by the General Council on February 18, 2025.


YLAI Fellowship open for applications, offering leadership and entrepreneurial opportunities

The Young Leaders of the Americas Initiative (YLAI) Fellowship Program is now accepting applications for its upcoming cycle.


New barcode requirement for Nigerian visa applicants starting April 2025

Starting April 22, 2025, a significant change will be implemented for visa applicants in Abuja and Lagos.


Tahawwur Rana extradited to India over 2008 Mumbai attack charges

The United States has extradited Tahawwur Hussain Rana to India.


University collaboration develops edible soap to address hygiene poverty crisis

Welsh luxury skincare company The Goodwash Company, in collaboration with the charity The Hygiene Bank, has embarked on a unique project to raise awareness about hygiene poverty in the UK.


IMF grants Argentina $20 billion facility to support stabilization and reform agenda

The International Monetary Fund (IMF) has approved a 48-month extended arrangement under the Extended Fund Facility (EFF) for Argentina.


World Bank approves $1.5 billion aid to support Argentina's economic reforms

The World Bank Group has given approval for US$1.5 billion in financing directed at Argentina to advance policy measures promoting private sector-driven growth and job creation, with a focus on safeguarding vulnerable populations.


IMF reaches agreement with Benin on economic program review

An International Monetary Fund (IMF) team, led by Frederic Lambert, concluded a visit to Cotonou from April 1-11, 2025, to discuss the sixth review of Benin’s economic and financial program.


U.S. Consulate in Fortaleza to close temporarily for three weeks in April

The U.S. Consulate General in Recife has announced the temporary closure of the Consular Agency in Fortaleza from April 23 to May 14, 2025.


Cambridge’s bond index addresses fossil fuel expansion

Researchers at the University of Cambridge have selected Bloomberg Index Services Limited to introduce the first global corporate bond index.


Australia faces new challenges as U.S.-China trade conflict escalates

The latest developments in the U.S.-China trade relationship are set to pose new challenges for Australian food and agriculture exports.


China donates USD 500,000 to WTO training programs for developing nations

China has pledged USD 500,000 to support the World Trade Organization’s training programs aimed at developing economies.


BlackRock sees strong asset growth and revenue rise in Q1 2025

BlackRock, Inc. has released its financial results for the first quarter of 2025, noting a diluted earnings per share (EPS) of $9.64, or $11.30 when adjusted.


United States expresses condolences after Jet Set nightclub tragedy in Santo Domingo

Secretary of State Marco Rubio communicated with Dominican Republic President Luis Abinader to offer condolences after the collapse of the Jet Set nightclub roof in Santo Domingo.


IMF and Seychelles finalize agreement on financial reviews, pending board approval

The International Monetary Fund (IMF) Mission, led by Todd Schneider, has completed discussions with the authorities of Seychelles, which has resulted in a staff-level agreement on the fourth reviews under the Extended Fund Facility (EFF) and...


US embassy in Kenya warns against illegal immigration penalties

People moving legally between the United States and Kenya uphold the foundation of the U.S.-Kenya partnership, according to the U.S. Embassy in Kenya.


U.S. opens YLAI 2026 fellowship for Brazilian entrepreneurs

The U.S. Department of State has announced the opening of applications for the "Young Leaders of the Americas Initiative (YLAI) 2026" fellowship program, beginning on April 11, 2025.