News from February 2025
Efforts needed to address Malaysia's economic inequality ahead of high-income status
By Globe Banner | Feb 5, 2025
Malaysia is on a path toward becoming a high-income nation by 2028-2030, according to a recent report.
Munich Security Conference set for February 2025
By Globe Banner | Feb 5, 2025
The 61st Munich Security Conference (MSC) is scheduled to take place from February 14 to 16, 2025.
IMF completes Article IV consultations with Chile and other nations
By Globe Banner | Feb 5, 2025
The International Monetary Fund (IMF) Executive Board has concluded the 2024 Article IV Consultation with Chile, as announced in a press release dated February 5, 2025.
Trump proclaims February 2025 as National Black History Month
By Globe Banner | Feb 5, 2025
Today marks the recognition of February 2025 as National Black History Month.
Marco Rubio becomes highest-ranking Hispanic American official
By Globe Banner | Feb 5, 2025
Marco Rubio, the new U.S. Secretary of State, attributes his success to his parents' decision to immigrate from Cuba in 1956.
Croatia shifts focus from institutional care to community integration
By Globe Banner | Feb 5, 2025
Croatia is advancing its efforts to transition over 900 children, youth, and individuals with disabilities from institutional care to community-based living.
IMF outlines challenges facing Belgium's economy amid slowing growth
By Globe Banner | Feb 5, 2025
The International Monetary Fund (IMF) has concluded its Article IV mission to Belgium, issuing a statement on the country's economic situation and future prospects.
US withdraws from certain UN organizations over policy disagreements
By Globe Banner | Feb 5, 2025
The United States has announced its decision to withdraw from certain United Nations organizations and cease funding them, as detailed in an executive order issued by the President.
State revenue growth slows; majority maintain stable outlook
By Globe Banner | Feb 5, 2025
Morgan Stanley Investment Management (MSIM) has released its 12th annual State of the States Report, highlighting a slowdown in revenue growth following two years of pandemic-related government stimulus.
U.S. Embassy seeks proposals for cook service in Manama
By Globe Banner | Feb 5, 2025
The U.S. Embassy in Manama has announced an invitation for competitive proposals to provide cook services at the embassy compound.
IMF concludes Article IV mission on Sweden's economic outlook
By Globe Banner | Feb 5, 2025
The International Monetary Fund (IMF) has released a concluding statement following its 2025 Article IV mission to Sweden.
World Bank highlights steps for Malaysia's path to high-income status
By Globe Banner | Feb 5, 2025
Malaysia is on the path to achieving high-income nation status between 2028 and 2030, according to a joint report by the World Bank and Malaysia's Ministry of Economy.
Gunfire disrupts metro service near Clemenceau stop; no injuries reported
By Globe Banner | Feb 5, 2025
The U.S. Embassy has reported disruptions to metro lines connected to the Clemenceau metro stop in Anderlecht due to gunfire incidents earlier today.
WTO panel report on US-Vietnam fish fillet duties reveals dispute resolution
By Globe Banner | Feb 5, 2025
The World Trade Organization (WTO) has released a panel report concerning the United States' duties on fish fillets imported from Vietnam.
Marco Rubio becomes highest-ranking Hispanic American official as new Secretary of State
By Globe Banner | Feb 5, 2025
Marco Rubio has been confirmed as the new U.S. Secretary of State, following a unanimous 99-0 vote by the Senate on January 20, shortly after President Trump took office.
World Bank project aims to expand electricity access in Madagascar
By Globe Banner | Feb 5, 2025
Access to electricity is crucial for countries like Madagascar, where it can transform lives and boost economic growth.
U.S. calls for collective defense of democracy at OAS meeting
By Globe Banner | Feb 5, 2025
The United States has expressed gratitude to Chile for its leadership in the Voluntary Group for the Follow-Up of the Inter-American Democratic Charter.
NAB's indigenous immersion program aims to enhance banker understanding
By Globe Banner | Feb 5, 2025
Scott MacRae, a Business Banking Manager in Victoria, recently participated in an Indigenous Banking immersive experience.
Teaching Excellence and Achievement Program opens applications for Uruguayan teachers
By Globe Banner | Feb 5, 2025
The Teaching Excellence and Achievement Program (TEA) is set to offer an intensive professional development opportunity for secondary school teachers from Uruguay in 2025-2026.
ANZ named best bank in Asia for relationship quality for eighth consecutive year
By Globe Banner | Feb 4, 2025
ANZ's Institutional business has been honored with the title of Best Bank – Corporate Banking in Asia, in recognition of its relationship quality.