News from May 2025
IMF reviews Singapore's economic outlook amid global uncertainties
By Globe Banner | May 15, 2025
An International Monetary Fund (IMF) team, led by Masahiro Nozaki, recently concluded its 2025 Article IV Consultation with Singaporean authorities and stakeholders.
Oxford receives £8.4M gift for professorship & centre on global primary care
By Globe Banner | May 15, 2025
A donation exceeding £8.4 million from the Fondation Docteur Sadok Besrour will lead to the creation of the Dr Sadok Besrour Professorship of Global Primary Care and a new Besrour Centre for Global Primary Care at the University of Oxford.
Sun Life outlines share conversion options ahead of redemption decision
By Globe Banner | May 15, 2025
Sun Life Financial Inc. announced its decision not to redeem its Class A Non-Cumulative Rate Reset Preferred Shares Series 8R and Class A Non-Cumulative Floating Rate Preferred Shares Series 9QR on June 30, 2025.
Swansea University supports mental health through half marathon fundraising
By Globe Banner | May 15, 2025
Swansea University is once again sponsoring the half marathon, encouraging its staff, students, and alumni to participate as Team Swansea.
Morgan Stanley's strategy challenge aids nonprofits with strategic solutions
By Globe Banner | May 15, 2025
Morgan Stanley has announced the winners of its 16th Annual Strategy Challenge, a program designed to support nonprofits with strategic consulting.
Yasmin Zaher's debut novel wins prestigious Dylan Thomas Prize
By Globe Banner | May 15, 2025
Palestinian author Yasmin Zaher has been awarded the 2025 Swansea University Dylan Thomas Prize for her debut novel, The Coin.
Cambridge Memory Lab explores improving human recollection
By Globe Banner | May 15, 2025
The University of Cambridge's Memory Lab is offering insights into the complex nature of memory.
World Bank backs Malawi's hydropower project with $350 million grant
By Globe Banner | May 15, 2025
The World Bank has approved a $350 million grant from the International Development Association (IDA) to support Malawi's Mpatamanga Hydropower Storage Project (MHSP).
World Bank funds electrification of São Paulo's urban transportation
By Globe Banner | May 15, 2025
The World Bank has announced a new financing package aimed at supporting the electrification and modernization of São Paulo's urban transport system.
US Embassy seeks quotes for Santo Domingo press summary
By Globe Banner | May 15, 2025
The United States Embassy in Santo Domingo has announced a request for quotes (RFQ) from vendors.
Lao job market adapts amid rising living costs
By Globe Banner | May 15, 2025
Inflation in the Lao People's Democratic Republic (PDR) is affecting living standards and altering the job market, as revealed by the latest World Bank Household Monitoring Survey.
U.S. Embassy Niamey issues alert over kidnapping threats in Niger
By Globe Banner | May 15, 2025
The U.S. Embassy in Niamey has issued a security alert due to increased concerns about the threat of kidnapping in Niger.
U.S.-Africa partnership seeks stronger commercial ties under new strategy
By Globe Banner | May 15, 2025
The U.S. Bureau of African Affairs has launched a new initiative aimed at strengthening commercial ties between the United States and Africa.
U.S. criticizes International Criminal Court at UN Security Council briefing
By Globe Banner | May 15, 2025
Thank you, Mr. President.
Benin's stormwater drainage project improves living conditions in Cotonou
By Globe Banner | May 15, 2025
In Cotonou, Benin's economic capital, residents of vulnerable neighborhoods have experienced significant improvements in their living conditions due to the Cotonou Rainwater Sanitation Program (PAPC).
FSB discusses leveraging regulation amid growing financial market complexities
By Globe Banner | May 15, 2025
In recent remarks, the FSB Secretary General addressed the issue of leverage in non-bank financial intermediation (NBFI), emphasizing its significance for financial stability.
US launches commercial diplomacy strategy with Africa
By Globe Banner | May 15, 2025
The U.S. has launched a new chapter in its relationship with Africa, emphasizing honesty, accountability, and mutual respect.
As China exploits U.S. trade loopholes, Ecuadorian seafood execs remain sidelined by Biden-era visa revocations
By A. C. Benavides | May 14, 2025
Executives at one of Ecuador’s largest and most respected seafood exporters are still left to wonder why they were the targets of Biden-era visa revocations, while China’s abuses of U.S. trade restrictions go unpunished — exposing what industry leaders call a dangerous inconsistency in U.S. trade policy.
U.S. Embassy seeks information on global medical coverage providers
By Globe Banner | May 14, 2025
The U.S. Embassy in the Kyrgyz Republic has issued a Request for Information (RFI) seeking input from insurance companies capable of providing global medical coverage plans.
IMF reaches staff-level agreement on financial reviews with Bangladesh
By Globe Banner | May 14, 2025
Following discussions with Bangladesh authorities and continued engagement during the IMF and World Bank Spring Meetings, the International Monetary Fund (IMF) has reached a staff-level agreement with Bangladesh.