News from February 2025
Siemens partners with DOMO Chemicals for sustainable circuit breakers
By Globe Banner | Feb 26, 2025
Siemens has introduced the SENTRON 5SV3 residual current circuit breaker (RCCB), type A/AC, as its first product to incorporate TECHNYL 4EARTH from DOMO Chemicals.
U.S. Embassy Singapore seeks contractors for driveway resurfacing and parking lot marking
By Globe Banner | Feb 26, 2025
The U.S. Embassy in Singapore has announced a solicitation for the resurfacing of its driveway and the marking and painting of parking lots.
IMF completes first review under credit facilities with Madagascar
By Globe Banner | Feb 26, 2025
The International Monetary Fund (IMF) Executive Board has completed the first reviews under the Extended Credit Facility (ECF) and the Resilience and Sustainability Facility (RSF) with Madagascar.
US urges peace talks amid worsening crisis in Sudan
By Globe Banner | Feb 26, 2025
The United States has expressed deep concern over the ongoing conflict in Sudan, describing it as a catastrophic humanitarian crisis.
Nominations open for Sustainability Impact Awards 2025
By Globe Banner | Feb 26, 2025
The Sustainability Impact Awards 2025, jointly presented by The Business Times and UOB, are now open for nominations until May 16, 2025.
Geoeconomic shocks challenge economic stability in Central, Eastern Europe
By Globe Banner | Feb 26, 2025
The Central, Eastern, and South Eastern European (CESEE) countries have been navigating economic challenges as they face the repercussions of geoeconomic shocks.
U.S. Embassy announces federal benefits services visit in Colombia
By Globe Banner | Feb 26, 2025
The U.S. Embassy in Colombia has announced that representatives from the Regional Federal Benefits Unit will visit several cities to provide services related to U.S. Social Security and other federal benefits.
World Bank debars Brazilian company HIDRALRICA for collusion in São Paulo project
By Globe Banner | Feb 26, 2025
The World Bank Group has announced the debarment of HIDRALRICA Distribução de Tubos e Conexões Eireli and its director, Ricardo Checa Hernandez, for 18 months.
Demonstration planned near U.S. Embassy Kuala Lumpur on February 28
By Globe Banner | Feb 26, 2025
A demonstration is set to take place near the U.S. Embassy in Kuala Lumpur on February 28, 2025.
IMF discusses CEMAC's economic policies amid challenging outlook
By Globe Banner | Feb 26, 2025
On February 24, 2025, the International Monetary Fund (IMF) Executive Board concluded its annual discussions with the Central African Economic and Monetary Community (CEMAC).
International Women's Day 2025 celebrates women's contributions to economies
By Globe Banner | Feb 26, 2025
On International Women’s Day 2025, the focus is on recognizing the transformative potential of women and girls in economies and societies worldwide.
U.S. Embassy honors participants of government-funded exchange program in Niamey
By Globe Banner | Feb 26, 2025
The United States Embassy in Niamey recently celebrated Nigerien participants of U.S. Department of State and U.S. Department of Defense exchange programs from 2023 and 2024.
World Bank suggests reforms for stabilizing Zimbabwe's economy
By Globe Banner | Feb 26, 2025
The World Bank has released a new Zimbabwe Public Finance Review (PFR) aimed at supporting the government's efforts toward fiscal consolidation.
EU launches first simplification omnibus for streamlined business operations
By Globe Banner | Feb 26, 2025
The European Union has launched its first Simplification Omnibus, aiming to streamline business operations across the continent.
WTO calls for global cooperation on fish subsidy reforms
By Globe Banner | Feb 26, 2025
Deputy Director-General Angela Ellard of the World Trade Organization (WTO) addressed the importance of the Agreement on Fisheries Subsidies during a launch event for the 2025 edition of the OECD Review of Fisheries.
Rubio discusses strategic ties with Iraqi PM Sudani amid regional challenges
By Globe Banner | Feb 26, 2025
Secretary of State Marco Rubio held a conversation with Iraqi Prime Minister Mohammed Shiaa al-Sudani, focusing on the strategic partnership between the United States and Iraq.
South Korea’s FIU sanctions Upbit over unauthorized crypto transactions
By Globe Banner | Feb 25, 2025
South Korea’s Financial Intelligence Unit (FIU) has announced a three-month partial business suspension on Upbit, citing violations related to transactions with unregistered virtual asset service providers.
IMF assesses Solomon Islands' economy amid rising debt after pandemic
By Globe Banner | Feb 25, 2025
The International Monetary Fund (IMF) Executive Board concluded its 2024 Article IV consultation with the Solomon Islands on February 19, 2025.
KfW Capital launches EUR 200 million facility for impact venture capital funds
By Globe Banner | Feb 25, 2025
A new opportunity has emerged for impact venture capital (VC) funds in Germany and Europe with the introduction of the "Impact Facility" by KfW Capital.
Barclays urges action against decision paralysis hindering UK investments
By Globe Banner | Feb 25, 2025
Barclays has released new research highlighting the issue of decision paralysis among UK savers, which is delaying their entry into investing.