News from May 2025
WTO releases trade policy review documents for Cabo Verde
By Globe Banner | May 14, 2025
The World Trade Organization (WTO) has released documents related to the Trade Policy Review of Cabo Verde.
Meta's study links €213 billion economic activity to personalized ads in Europe
By Globe Banner | May 14, 2025
Meta has released a new study highlighting the economic impact of its personalized advertising services in the European Union.
Grazia magazine: Shaikha Nasser Al Nowais ‘leading the next generation of Emirati women to take on international roles’
By Globe Banner | May 13, 2025
An article in Grazia magazine states that UN Tourism Secretary-General candidate Shaikha Nasser Al Nowais is "leading the next generation of Emirati women to take on international roles."
Samsung unveils slim Galaxy S25 Edge with advanced AI features
By Globe Banner | May 13, 2025
Samsung Electronics has announced the Galaxy S25 Edge, a new addition to its Galaxy S series.
Study highlights complex relationship between teen mental health and social media
By Globe Banner | May 13, 2025
The impact of social media on adolescent mental health is often oversimplified in public discourse, according to Professor Andrew Przybylski of the Oxford Internet Institute.
Consumer confidence rises after RBA's February rate cut
By Globe Banner | May 13, 2025
Consumer confidence in Australia has reached its highest point since the Reserve Bank of Australia's (RBA) interest rate cut in February.
Iraqi business leaders attend SelectUSA summit to explore investment opportunities
By Globe Banner | May 13, 2025
U.S. Mission Iraq is leading a delegation of 46 business leaders from Iraq, including the Iraqi Kurdistan Region, to the United States for the annual SelectUSA Investment Summit.
IMF reaches agreement with Cabo Verde on economic policy reviews
By Globe Banner | May 13, 2025
The International Monetary Fund (IMF) has reached a staff-level agreement with Cabo Verde on the sixth review under the Extended Credit Facility (ECF) and the third review under the Resilience and Sustainability Facility (RSF).
Standard Chartered renews partnership with Plan International UK
By Globe Banner | May 13, 2025
Standard Chartered and Plan International UK have renewed their partnership for three more years to tackle youth unemployment in Asia.
KfW IPEX-Bank aids BEW with EUR 1 billion for Berlin's heating transition
By Globe Banner | May 13, 2025
KfW IPEX-Bank has announced its participation in a significant financing initiative for BEW Berliner Energie und Wärme GmbH.
Demonstration scheduled near U.S. Embassy Kuala Lumpur on May 16
By Globe Banner | May 13, 2025
A demonstration is planned near the U.S. Embassy in Kuala Lumpur on May 16, 2025.
Siemens unveils new AI-powered IC verification tool
By Globe Banner | May 13, 2025
Siemens has collaborated with industry leaders to introduce the Questa One smart verification solution.
IMF completes Article IV consultation with Costa Rica highlighting economic progress
By Globe Banner | May 13, 2025
The International Monetary Fund (IMF) Executive Board has concluded its 2025 Article IV Consultation with Costa Rica, as announced on May 13, 2025.
General strike planned in Peru on May 14 amid protests against crime
By Globe Banner | May 13, 2025
Transportation unions, student groups, merchants, and other workers' unions in Peru have announced a nationwide general strike on May 14, 2025.
IMF director meets Angolan president; discusses economic challenges
By Globe Banner | May 13, 2025
May 13, 2025 Luanda, Angola: Abebe Aemro Selassie, Director of the International Monetary Fund's (IMF) African Department, held a meeting in Luanda with President João Lourenço of Angola.
American Institute in Taiwan seeks firm for transportation services
By Globe Banner | May 13, 2025
The American Institute in Taiwan (AIT) has announced a requirement for a firm to provide transportation services.
IMF notes Denmark's strong growth amid global uncertainties
By Globe Banner | May 13, 2025
Denmark's economy continues to show strong growth, driven largely by pharmaceutical exports.
U.S. officials deliver key statements at NPT Preparatory Committee
By Globe Banner | May 13, 2025
The 2025 Preparatory Committee for the 2026 NPT Review Conference was held in New York from April 28 to May 9, 2025.
World Bank advances digital transformation efforts in fragile regions
By Globe Banner | May 13, 2025
The World Bank has been actively involved in advancing digital transformation in fragile and conflict-affected situations (FCS) to promote transparency, accountability, resilience, and inclusion.
Consumer card spending rises by 4.5% in April amid good weather and Easter boost
By Globe Banner | May 13, 2025
Consumer card spending in the UK rose by 4.5% in April, marking the highest increase since June 2023.