Rapidly shifting geopolitical environment could test euro area financial stability

Press Release – 21 May 2025 A marked spike in uncertainty across global trade, defence, international cooperation and regulation policies could prove challenging for financial stability, according to the May 2025 Financial Stability Review, published today by the European Central Bank (ECB). Frequent shifts and reversals in tariff policy, alongside significant changes in the geopolitical environment, could have major economic and financial impacts. While global macroeconomic … Continue reading Rapidly shifting geopolitical environment could test euro area financial stability

Impact Newswire28/05/202528/05/2025

Europe

Kyndryl announces €100 million data, AI and cyber resilience investment in France

Investment to accelerate France’s digital transformation and economic growth with a focus on new hires, AI private cloud services and a digital hub in Sophia-Antipolis News Release – PARIS, May 19, 2025 — As part of “Choose France,” Kyndryl (NYSE: KD), a leading provider of mission-critical enterprise technology services, announced that it will invest up to €100 million over three years in France to strengthen the country’s capabilities … Continue reading Kyndryl announces €100 million data, AI and cyber resilience investment in France

Impact Newswire22/05/202522/05/2025

Europe

A New Era: The UK and EU Reset Relations After Brexit

In a significant development that marks a turning point in post-Brexit relations, the United Kingdom and the European Union have reached a landmark agreement designed to “reset” their relationship. Following nearly a decade of negotiations and tension since the 2016 Brexit referendum, this pact promises to ease restrictions that have limited travel and employment opportunities for millions across Europe and the UK. The agreement was … Continue reading A New Era: The UK and EU Reset Relations After Brexit

Impact Newswire19/05/202519/05/2025

Asia, Europe

UK and India Seal Landmark Trade Deal, Slashing Tariffs and Boosting Market Access

Indian Prime Minister Narendra Modi and his British counterpart Keir Starmer on May 6 announced the conclusion of a long-awaited Free Trade Agreement (FTA) and a Double Contribution Convention, marking a significant step forward in bilateral ties. The agreement is expected to strengthen the India-UK Comprehensive Strategic Partnership by easing trade barriers, promoting investment, and creating a more predictable business environment. PM Modi said the … Continue reading UK and India Seal Landmark Trade Deal, Slashing Tariffs and Boosting Market Access

Impact Newswire07/05/202507/05/2025

Europe, Middle East

GKSD’s Kamel Ghribi Reaffirms Commitment to Syria’s Reconstruction during Strategic Visit

Milan, Italy– Friday, May 2nd 2025 – Kamel Ghribi, the President of GKSD Group, has reaffirmed his company’s commitment to supporting ongoing reconstruction efforts in Syria. He stated this during a strategic visit to the Syrian capital, Damascus, earlier this week. During the visit, Mr Ghribi held high-level meetings with senior Syrian government officials, including the President H.E. Ahmed Al Sharaa, to discuss avenues for … Continue reading GKSD’s Kamel Ghribi Reaffirms Commitment to Syria’s Reconstruction during Strategic Visit

Impact Newswire03/05/202503/05/2025

Africa

How US-China Trade Tariff Wars Are Affecting the Development of AI in Africa

In Nairobi’s Westlands tech hub, an AI engineer squints at his computer screen, awaiting a shipment of GPUs ordered four months ago from Shenzhen, China. With each passing week, the container’s journey across trade bottlenecks feels less like a logistical hiccup and more like a casualty of geopolitical conflict. Around him, the hum of ambition is increasingly muffled by something Africa didn’t start—but must now … Continue reading How US-China Trade Tariff Wars Are Affecting the Development of AI in Africa

Joyce Bitutu30/04/202530/04/2025

Asia

Airports in Asia-Pacific & Middle East to see US$240 billion investment in infrastructure expansion

Major investments to significantly boost passenger and cargo capacity, driving socio-economic growth in the regions News Release – 2025-04-16 – Airports in the Asia-Pacific and Middle East regions are poised to undergo extensive development, with combined investments of US$240 billion dedicated to both upgrading existing facilities (brownfield projects) and building new airports (greenfield projects) between 2025 and 2035. This capital expenditure, revealed today by Airports … Continue reading Airports in Asia-Pacific & Middle East to see US$240 billion investment in infrastructure expansion

Impact Newswire18/04/202518/04/2025

Africa, Impact Newswire Exclusive

Zindi and GovTech Barbados Announce Landmark Partnership to Build National AI Ecosystem

Press Release – Bridgetown, Barbados – 31 March – Zindi, a global AI community platform, is proud to announce a year-long partnership with GovTech Barbados, part of the Ministry of Industry, Innovation, Science and Technology. This groundbreaking collaboration aims to establish and grow a vibrant AI ecosystem in Barbados, focused on nurturing talent, fostering innovation, and unlocking new job opportunities in the AI sector for … Continue reading Zindi and GovTech Barbados Announce Landmark Partnership to Build National AI Ecosystem

Impact Newswire31/03/202508/04/2025

Global

World Economic Forum to Launch European Centre for AI Excellence in Paris

News Release – Geneva, Switzerland, 27 February 2025 – The World Economic Forum and VivaTech have agreed to launch a European Centre for AI Excellence (CAIE) in Paris in 2025. The centre will join the World Economic Forum’s Centre for the Fourth Industrial Revolution (C4IR) global network, further advancing its global leadership in leveraging technology for transformative change. CAIE will tackle key AI challenges by tailoring … Continue reading World Economic Forum to Launch European Centre for AI Excellence in Paris

Impact Newswire04/03/202504/03/2025