News from 2025
IMF advises Bosnia on fiscal discipline amid political hurdles
By Globe Banner | Jul 1, 2025
The International Monetary Fund (IMF) has released its preliminary findings following the 2025 Article IV Consultation Mission to Bosnia and Herzegovina.
Germany launches new ERP promotional loans for SMEs
By Globe Banner | Jul 1, 2025
The Federal Ministry of Finance, the Federal Ministry for Economic Affairs and Energy, and KfW have launched two new promotional loan programs aimed at supporting businesses in digitalization and innovation.
World Bank outlines roadmap for leveraging minerals in Zambia's economic transition
By Globe Banner | Jul 1, 2025
Zambia's economy demonstrated resilience in 2024, achieving a growth rate of 4% despite challenges such as a historic drought and frequent power outages.
World Bank appoints Fabrizio Zarcone as new country manager for Armenia
By Globe Banner | Jul 1, 2025
The World Bank has announced the appointment of Fabrizio Zarcone as its new Country Manager for Armenia, effective July 1, 2025.
U.S. Embassy announces new regional office for social security services
By Globe Banner | Jul 1, 2025
The U.S. Embassy in Quito has announced that the Federal Benefits Unit (FBU) based in San Jose, Costa Rica, will now serve as the regional office for U.S. citizens residing in Ecuador.
Axis Capital to announce Q2 financial results on July 29
By Globe Banner | Jul 1, 2025
AXIS Capital Holdings Limited has announced plans to release its financial results for the second quarter of 2025 on July 29, following the closure of financial markets.
USNS Comfort completes Panama visit as part of Continuing Promise humanitarian mission
By Globe Banner | Jul 1, 2025
The USNS Comfort concluded its visit to Panama today, as part of the Continuing Promise 2025 mission.
Siemens strengthens position with Dotmatics acquisition
By Globe Banner | Jul 1, 2025
Siemens has finalized its acquisition of Dotmatics, a move that bolsters its standing as a leader in AI-powered PLM software.
Volkswagen's Elli expands European EV charging network to 900,000 points
By Globe Banner | Jul 1, 2025
Volkswagen Group Charging GmbH, known as Elli, is enhancing its position in the European electric vehicle charging market.
U.S.-Madagascar partnership celebrated at Independence Day event
By Globe Banner | Jul 1, 2025
Good afternoon, and welcome to the Embassy of the United States' Independence Day Celebration.
Guinea's economy grows but faces challenges with poverty and resource mobilization
By Globe Banner | Jul 1, 2025
The latest Guinea Economic Update offers a comprehensive overview of the country's macroeconomic situation, recent developments, and future outlook.
IMF outlines economic outlook for Switzerland amidst global challenges
By Globe Banner | Jul 1, 2025
Switzerland is navigating a complex economic landscape, according to the International Monetary Fund (IMF) staff's concluding statement following their 2025 Article IV Consultation Mission.
Guillermo Trenas appointed managing director for Macquarie Capital's Spanish operations
By Globe Banner | Jul 1, 2025
Macquarie Capital has announced the appointment of Guillermo Trenas as Managing Director in Spain.
World Bank appoints new division director for Central Asia
By Globe Banner | Jul 1, 2025
Najy Benhassine has commenced his role as the World Bank Division Director for Central Asia, stationed in Tashkent, Uzbekistan.
U.S. Embassy seeks diesel supply bids for reserve stock
By Globe Banner | Jul 1, 2025
The U.S. Embassy in Banjul has issued a solicitation notice inviting companies to submit quotations for the supply of 14,000 liters of diesel intended for reserve stock.
World Bank appoints first country manager for Oman
By Globe Banner | Jul 1, 2025
The World Bank Group has appointed Wendy Werner as the first Country Manager for Oman, based in Muscat.
German municipalities face record investment backlog
By Globe Banner | Jul 1, 2025
Municipalities across Germany are reporting a growing investment backlog, according to the latest KfW Municipal Panel survey.
Siemens finalizes acquisition of ebm-papst's industrial drive technology business
By Globe Banner | Jul 1, 2025
Siemens has finalized its acquisition of ebm-papst's industrial drive technology business.
World Bank appoints Massimiliano Paolucci as new country manager for Albania
By Globe Banner | Jul 1, 2025
Massimiliano Paolucci has been appointed as the World Bank Group Country Manager for Albania, effective July 1, 2025.
U.S. Embassy seeks Tunis-based firm for social media services
By Globe Banner | Jul 1, 2025
The U.S. Embassy to Libya has announced a request for quotation (RFQ) seeking a Tunis-based company to provide social media services.