News published on Globe Banner in March 2025

News from March 2025


World Bank funds $162M for resilient roads in Espírito Santo

The World Bank has approved a financing package of $162.4 million to enhance road infrastructure resilience, safety, and sustainability in Espírito Santo, Brazil.


BaFin announces another warning on unauthorized services by Quantum AI

The Federal Financial Supervisory Authority (BaFin) has issued a consumer warning regarding Bit-Wise, a company offering unauthorized crypto and financial services through a new website.


World Bank emphasizes human capital investment for growth in Guinea-Bissau

Some key findings from the Human Capital Review, a recent World Bank report, emphasize the importance of strengthening human capital in Guinea-Bissau to reduce poverty and foster sustainable growth.


World Bank Group's digital summit focuses on bridging the digital divide

The World Bank Group held its second annual Global Digital Summit on March 18, 2025, in Washington.


Digital industrialization's role in enhancing e-commerce discussed by WTO members

Members recently discussed the role of digital industrialization and technology transfer in enhancing e-commerce.


U.S. congratulates new OAS Secretary General; calls for

The United States has expressed its congratulations to Foreign Minister Ramdin on his election as the Secretary General of the Organization of American States (OAS).


Homebuyers face extra costs as stamp duty deadline approaches

Data from Barclays Property Insights reveals a significant increase in mortgage completions and first-time buyer purchases following recent changes to the stamp duty.


U.S. Embassy offers remote consular services in Davao City March 25

The U.S. Embassy’s American Citizens Services (ACS) Unit, along with representatives from the U.S. Department of Veterans Affairs (VA) and the Philippine Retirement Agency (PRA), will host a remote services event in Davao City, Philippines, on...


Lake Victoria faces pollution crisis; regional efforts underway

Lake Victoria, a vital resource for East Africa, is facing significant environmental challenges.


World Bank extends aid for rural home construction in earthquake-hit Türkiye

The World Bank has announced additional funding of €200 million ($207.5 million) to support the construction of rural homes in Türkiye, following the devastating earthquakes in February 2023.


US issues travel advisory for specific regions in Kenya

The U.S. State Department has issued a travel advisory for Kenya, urging caution due to concerns over crime, terrorism, civil unrest, and kidnapping.


ING progresses with €2 billion share buyback plan

ING has provided an update on its ongoing €2.0 billion share buyback programme, initially announced on October 31, 2024.


World Bank funds Sergipe's move towards improved connectivity and energy efficiency

The World Bank Board of Directors has approved a $53.6 million financing package to improve digital infrastructure, expand broadband access, increase energy efficiency, and modernize public services in Sergipe, Brazil.


International trade agreements advance economic relations among key global partners

The India-Australia Economic Cooperation and Trade Agreement, which covers trade in goods and services, became effective on December 29, 2022.


US announces visa restrictions over forced returns of Uyghurs

The United States has announced a new visa restriction policy targeting foreign government officials involved in the forced return of Uyghurs and other ethnic or religious groups to China.


G7 foreign ministers emphasize maritime security amid rising global challenges

The G7 Foreign Ministers, representing Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States of America, along with the High Representative of the European Union, have issued a statement reaffirming their commitment to...


Trump, Putin discuss Ukraine war resolution focusing on ceasefire

President Donald J. Trump and President Vladimir Putin held a conversation focused on the Ukraine war, emphasizing the need for peace and a ceasefire.


World Bank hosts second annual Global Digital Summit

The World Bank Group hosted the second annual Global Digital Summit on March 18, 2025, in Washington.


Crypto advisor on Nigeria: Will crypto regulation 'support adoption or slow it'

Nigeria is poised to introduce taxes on cryptocurrency transactions as the use of stablecoins in the country reaches $21.8 billion, according to Georg Brameshuber, a crypto advisor.


Crypto Price Movements on March 16, 2025

Tracking the latest price action across Bitcoin, Ethereum, Binance Coin, and more on March 16, 2025.