News from May 2025
ANZ forecasts Mother's Day spending surge across key categories
By Globe Banner | May 7, 2025
ANZ shoppers are expected to spend up to $569 million during the 2025 Mother’s Day weekend, marking a projected growth of 2.5% compared to the previous year, according to ANZ customer data.
U.S. Embassy hosts town hall for citizens in Puerto Vallarta
By Globe Banner | May 7, 2025
The U.S. Embassy is hosting a Town Hall Meeting for U.S. citizens in Puerto Vallarta, Jalisco.
U.S. addresses North Korea sanctions at UN amid Russian and Chinese opposition
By Globe Banner | May 7, 2025
Ambassador Dorothy Shea, the Acting U.S. Representative, addressed a UN Security Council briefing on nonproliferation and the Democratic People’s Republic of Korea (DPRK) on May 7, 2025.
U.S. Embassy partners with Algerian gendarmerie in virtual seminar on food security
By Globe Banner | May 7, 2025
On May 6, the U.S. Embassy's security and agriculture offices collaborated with the Algerian gendarmerie to conduct a virtual seminar focused on food security and food defense.
Community Engagement Exchange Program opens applications for 2025-2026 cycle
By Globe Banner | May 7, 2025
Applications for the 2025-2026 Community Engagement Exchange (CEE) Program are open from April 23 to May 22, 2025.
World Bank approves $11M aid for Djibouti's educational improvement
By Globe Banner | May 7, 2025
The World Bank has approved an $11.35 million funding package to enhance Djibouti's education system and broaden learning opportunities.
IMF deputy director concludes visit highlighting economic reforms in Zambia
By Globe Banner | May 7, 2025
May 7, 2025 Lusaka, Zambia: Nigel Clarke, Deputy Managing Director of the International Monetary Fund (IMF), concluded his visit to Zambia with a statement acknowledging the progress of Zambia's economic reform program.
WTO director-general emphasizes reform ahead of 2026 ministerial conference
By Globe Banner | May 7, 2025
The Director-General of the World Trade Organization (WTO), Okonjo-Iweala, has emphasized the need for significant reforms as the organization prepares for its 14th Ministerial Conference (MC14) in Yaoundé, Cameroon, scheduled to begin on March...
U.S. Embassy Malta seeks contractor for vehicle gate arm installation
By Globe Banner | May 7, 2025
The U.S. Embassy in Malta has announced a requirement for the furnishing and installation of two vehicle gate arms at its premises.
Emerging markets face new challenges amid rising US tariffs
By Globe Banner | May 7, 2025
May 7, 2025 The global economy is facing significant challenges as the US effective tariff rate has reached levels not seen in over a century, leading to increased uncertainty in trade policy and geopolitics.
KfW aligns international financing with Germany's strategic goals
By Globe Banner | May 7, 2025
KfW has announced plans to align its international financing more closely with the geostrategic and economic objectives of Germany and Europe.
Social media giants tackle rising online investment and payment scams
By Globe Banner | May 7, 2025
Investment and payment scams are increasingly exploiting current events and economic uncertainties.
Algerian students excel at national spelling bee
By Globe Banner | May 7, 2025
Ambassador Aubin extended congratulations to the winners of the Third National Spelling Bee Algeria.
WTO plans sessions linking ITA with AI and e-commerce
By Globe Banner | May 7, 2025
Members of the Information Technology Agreement (ITA) have agreed to organize three thematic sessions from autumn 2025 to the end of 2026.
U.S. Embassy honors Lebanese delegates ahead of SelectUSA 2025 summit
By Globe Banner | May 7, 2025
Ambassador Lisa Johnson recently hosted a reception at her residence to honor the Lebanese delegation attending the SelectUSA 2025 Investment Summit.
Macquarie acknowledges ASIC-imposed conditions following compliance failures
By Globe Banner | May 7, 2025
Macquarie Bank Limited (MBL) has acknowledged the Australian Securities and Investments Commission's (ASIC) announcement regarding additional conditions imposed on its Australian financial services license.
Samsung's Galaxy S25 wins top recycling award for sustainable design
By Globe Banner | May 7, 2025
Samsung Electronics has announced that its Galaxy S25 smartphone has been awarded the 2025 Design for Recycling Award by the Recycled Materials Association (ReMA).
IMF reviews Guyana's rapid economic transformation amid global challenges
By Globe Banner | May 7, 2025
The International Monetary Fund (IMF) Executive Board has concluded its Article IV Consultation with Guyana, highlighting the country's robust economic transformation.
UN marks 80th anniversary of WWII end; calls for reflection on past lessons
By Globe Banner | May 7, 2025
Ambassador Dorothy Shea, the Acting U.S. Representative, addressed a United Nations General Assembly meeting commemorating all victims of the Second World War.
Ecuador enforces new health measures amid disease outbreaks
By Globe Banner | May 7, 2025
The Government of Ecuador has implemented measures to address ongoing outbreaks of pertussis (whooping cough) and yellow fever across the nation. U.S. citizens in Ecuador are advised to adhere to public health guidance issued in response to these...