News published on Globe Banner in August 2025

News from August 2025


IMF staff concludes Article IV consultation mission with Eswatini

An International Monetary Fund (IMF) staff team led by Xiangming Li visited Mbabane from July 24 to August 6, 2025, to conduct the 2025 Article IV Consultation with Eswatini’s authorities.


U.S., Botswana teams highlight youth robotics partnership at embassy event

A robotics presentation and stakeholder engagement event was held at the U.S. Embassy Recreation Center in Gaborone on July 15, 2025.


BMO opens applications for 2025 Celebrating Women grant program for small businesses

BMO, in partnership with Deloitte, has opened applications for its 2025 BMO Celebrating Women grant program.


Wildfires drive global insured catastrophe losses higher according to Swiss Re Institute

Global insured losses from natural catastrophes reached USD 80 billion in the first half of 2025, according to preliminary estimates by Swiss Re Institute.


Roadblocks disrupt travel across Boyacá and Cundinamarca amid miners’ and farmers’ strike

A strike by miners and farmers has led to significant travel disruptions in the Colombian departments of Boyacá and Cundinamarca.


Fox News military analyst on cartel war strategy: 'Crushing international drug traffickers requires a whole‑of‑government approach'

Paul E. Vallely, a retired major general in the U.S. Army and senior military analyst for Fox News, said in an op-ed that America's escalating fentanyl crisis and cartel threat cannot be managed by the White House and Congress alone.


UBS releases second-quarter financial report highlighting integration risks from Credit Suisse acquisition

UBS AG has released its consolidated financial report for the second quarter of 2025.


Fubon subsidiaries receive top honors at Faith Hope & Love Awards for eighth year

Fubon Insurance and Fubon Life, subsidiaries of Fubon Financial Holdings, have received a total of 20 awards at the 2025 Faith, Hope & Love Awards of Insurance.


Ubs switzerland ag releases second-quarter results with focus on credit suisse integration

UBS Switzerland AG has released its financial results for the second quarter of 2025.


Australian job ads fall slightly as education sector weighs on growth

ANZ-Indeed Australian Job Ads dropped by 1.0% in July, following a revised 1.6% increase in June.


U.S. Embassy in Harare marks graduation of 32 Zimbabweans trained in advanced technologies

The U.S. Embassy in Harare and ISACA have celebrated the graduation of 32 Zimbabweans who completed training in blockchain, artificial intelligence (AI), Internet of Things (IoT), and cloud computing.


Business owners face hurdles as retirement nears

Small and medium business owners in Australia are encountering significant challenges as they approach retirement, according to recent research by NAB Private Wealth.


U.S. Embassy Brussels schedules Social Security appointments for U.S. citizens August 11–13

U.S. citizens in Belgium will have the opportunity to access Social Security services at the U.S. Embassy in Brussels from August 11 to 13.


Oxford study finds gap between perceived and actual public support for climate action

A recent study by Oxford researchers has found that policymakers may significantly underestimate public support for climate action.


Arch Insurance International appoints James Byford as senior contingency underwriter

Arch Insurance International has appointed James Byford as Senior Contingency Underwriter, effective immediately.


Yuanta Financial receives environmental award for sustained excellence in green procurement

Yuanta Financial Holding Company (FHC) has been recognized by Taiwan’s Ministry of Environment for its ongoing commitment to green procurement.


How robotics and AI are changing jobs across East Asia-Pacific

Technological change is altering the nature of work across East Asia and Pacific, according to a new World Bank report.


U.S. Special Operations Command leader visits Indonesia for defense talks

General Bryan P. Fenton, Commanding General of the U.S. Special Operations Command (USSOCOM), visited Indonesia on August 4, meeting with President Prabowo Subianto, Minister of Defense Sjafrie Sjamsoeddin, and Minister of Foreign Affairs Sugiono.


IMF approves fifth review under Extended Credit Facility arrangement for Zambia

The Executive Board of the International Monetary Fund (IMF) has completed the fifth review of Zambia’s 38-month Extended Credit Facility (ECF) Arrangement, following its Article IV consultation and financing assurances review.


NAB's Horizons Report shows resilience among Australian regional businesses

Regional businesses in Australia are showing resilience and cautious optimism for the year ahead, according to the 2025 Regional & Agribusiness Horizons Report by NAB.