News from June 2025
Kosovo draws SDR 80.122 million from IMF arrangement
By Globe Banner | Jun 4, 2025
Following the conclusion of Stand-by (SBA) and Resilience and Sustainability Facility (RSF) arrangements on May 24, 2025, Kosovo has drawn SDR 80.122 million (€96.22 million) under the SBA.
UBS announces coupon payments for multiple ETRACS exchange-traded notes
By Globe Banner | Jun 4, 2025
UBS Investment Bank has announced coupon payments for five ETRACS Exchange Traded Notes (ETNs) listed on the NYSE Arca and expected payments for three ETNs traded on NASDAQ.
U.S. Embassy warns citizens of planned demonstration in Copenhagen
By Globe Banner | Jun 4, 2025
A demonstration is scheduled to take place in Copenhagen, Denmark, on Saturday, June 7.
Conference calls for urgent action in Pakistan's WASH sector
By Globe Banner | Jun 4, 2025
The "Water for People" conference held in Islamabad on May 21-22 served as a significant call to action for the Water, Sanitation, and Hygiene (WASH) sector in Pakistan.
American Institute in Taiwan seeks bids for crisis response kit
By Globe Banner | Jun 4, 2025
The American Institute in Taiwan (AIT) has issued a Request for Quotations (RFQ) for an SRO Crisis Response Kit.
U.S. donates x-ray machines to aid Indonesia's healthcare services
By Globe Banner | Jun 4, 2025
The United States Government has donated 24 portable x-ray machines to Indonesia, aiming to enhance the country's healthcare services.
Malaysian cadet joins U.S. Air Force Academy aiming for fighter pilot career
By Globe Banner | Jun 4, 2025
Akmal Musyrif, a cadet at the U.S. Air Force Academy and part of the Class of 2028, hails from Putrajaya.
U.S. Embassy launches podcast to connect Botswana and U.S
By Globe Banner | Jun 4, 2025
The U.S. Embassy has introduced a new podcast titled "Dumela, America," aiming to foster connections between Botswana and the United States.
U.S. Embassy offers consular services in Boquete on June 11
By Globe Banner | Jun 4, 2025
The U.S. Embassy in Panama has announced that representatives from its Consular Section will be visiting Boquete to provide limited services.
Nogales Consulate seeks bids for water treatment plant equipment
By Globe Banner | Jun 4, 2025
The U.S. Consulate General in Nogales is seeking proposals from responsible offerors for two specific projects related to their water treatment plant.
U.S., UAE, Saudi Arabia, Egypt discuss Sudan conflict resolution
By Globe Banner | Jun 4, 2025
Deputy Secretary of State Christopher Landau and Senior Advisor for Africa Massad Boulos held a meeting with ambassadors from the United Arab Emirates, Saudi Arabia, and Egypt in Washington, DC.
IMF concludes Article IV consultation mission in Malawi
By Globe Banner | Jun 4, 2025
An International Monetary Fund (IMF) team, led by Justin Tyson, concluded its 2025 Article IV consultation mission to Malawi on June 3.
IMF reviews Rwanda's economic performance under Policy Coordination Instrument
By Globe Banner | Jun 4, 2025
The International Monetary Fund (IMF) Executive Board has concluded the fifth review under the Policy Coordination Instrument (PCI) for Rwanda.
IMF concludes Article IV consultation with Kyrgyz Republic amid global uncertainties
By Globe Banner | Jun 4, 2025
The International Monetary Fund (IMF) Executive Board has concluded its 2025 Article IV consultation with the Kyrgyz Republic, noting the country's strong economic performance amid global uncertainties.
Siemens aids Sachsenmilch with AI-driven predictive maintenance solutions
By Globe Banner | Jun 4, 2025
The production facility at Sachsenmilch in Leppersdorf is utilizing advanced technology to improve its maintenance operations.
Consular officer to offer limited services in British Virgin Islands
By Globe Banner | Jun 4, 2025
A Consular Officer from the U.S. Embassy is scheduled to visit the British Virgin Islands on June 12, 2025, to process applications for U.S. passports and Consular Reports of Birth Abroad.
Peace Corps welcomes 22 new environment volunteers in Zambia
By Globe Banner | Jun 4, 2025
Today, the U.S. government welcomed 22 new Peace Corps Volunteers in Lusaka, Zambia.
World Bank prioritizes local job creation at 2025 Spring Meetings
By Globe Banner | Jun 4, 2025
The World Bank emphasized job creation as a central strategy during the 2025 Spring Meetings.
KfW reports rising business confidence among German SMEs
By Globe Banner | Jun 4, 2025
The latest KfW-ifo SME Barometer indicates a positive shift in business confidence among German small and medium-sized enterprises (SMEs), sparking hope for an economic turnaround.
Sun Life renews normal course issuer bid for early repurchase of common shares
By Globe Banner | Jun 4, 2025
Sun Life Financial Inc. has announced the early renewal of its normal course issuer bid (NCIB), which has received approval from both the Office of the Superintendent of Financial Institutions and the Toronto Stock Exchange (TSX).