News published on Globe Banner in July 2025

News from July 2025


U.S. Embassy warns of potential threats to places of worship in DRC

The U.S. Embassy in Kinshasa has issued a security alert to American citizens regarding potential terrorist threats targeting places of worship in the Democratic Republic of the Congo on Sunday, July 20.


Rubio meets with Japanese and Korean ministers to discuss regional cooperation

Secretary of State Marco Rubio met with Japanese Foreign Minister Iwaya Takeshi and Republic of Korea First Vice Foreign Minister Park Yoon-joo in Kuala Lumpur.


Rubio meets with China’s foreign minister to discuss bilateral relations

Secretary of State Marco Rubio recently met with China's Director of the Office of the CCP Central Foreign Affairs Commission and Foreign Minister Wang Yi.


U.S. Secretary Marco Rubio extends greetings for Mongolia's National Day

On July 10, 2025, Secretary Marco Rubio extended his greetings to the people of Mongolia on the occasion of their National Day.


U.S.-Sri Lanka partnership enhances synthetic drug detection capabilities

U.S. Deputy Chief of Mission Jayne Howell handed over a Radian ASAP drug testing machine to the Chairman of the National Dangerous Drugs Control Board during an official ceremony in Colombo.


U.S. Embassy warns of tear gas use near Sir Hubert Murray Stadium

Security Alert – U.S. Embassy Port Moresby, Papua New Guinea (July 19, 2025) The U.S. Embassy in Port Moresby has issued a security alert regarding traffic congestion and the use of tear gas near Sir Hubert Murray Stadium in Port Moresby, Papua...


Axis appoints new senior underwriter for renewable energy in Toronto

PEMBROKE, Bermuda – July 15, 2025 – AXIS Capital Holdings Limited announced the appointment of Moustafa Abdelrahman as Senior Underwriter and Assistant Vice President for Renewable Energy.


Merchandise trade rises sharply in Q1 amid US tariff changes

The first quarter of 2025 saw significant growth in merchandise trade, driven by anticipated tariff hikes announced by the United States on April 2.


KfW study: Ageing SME owners investing less amid succession challenges

Older business owners in Germany are investing significantly less in their companies compared to their younger counterparts, according to a special evaluation by KfW’s SME panel.


DBS survey reveals priorities shift towards data-driven intelligence

Companies are preparing for the long-term effects of a changing global landscape, while also dealing with ongoing rate volatility and potential supply chain changes.


Fossil Fuel Subsidy Reform initiative reviews impact of subsidy policies

Ambassador Clare Kelly of New Zealand, the coordinator of the Fossil Fuel Subsidy Reform (FFSR) initiative, outlined progress made in 2025 on the initiative's three main pillars.


Consumer confidence drops after RBA holds cash rate

Consumer confidence in Australia experienced a decline last week, dropping by 2.1 points to reach 86.5 points.


Morgan Stanley evolves sovereign ESG methodology for sustainable bond investments

Since 2019, Morgan Stanley Investment Management has been refining its Sovereign ESG Methodology to enhance the evaluation of countries' sustainability performance in sovereign bond investments.


Morgan Stanley presents new European private debt fund

Mark Jochims, Head of European Private Credit at Morgan Stanley Private Credit, recently discussed the Morgan Stanley Dette Privée Europe SLP.


Astronomers discover massive exoplanet hidden around young star

Astronomers have discovered a massive exoplanet, estimated to be between three and ten times the size of Jupiter, concealed within the gas and dust surrounding a young star named MP Mus.


Dr Dominik Steinkühler named head of group development at KfW

Dr Dominik Steinkühler has been appointed as the new Head of Group Development and Economics at KfW, effective September 1, 2025.


Cambridge academics join UK's net zero advisory council

Three academics from the University of Cambridge have been appointed to the UK Department for Energy Security and Net Zero's new Science and Technology Advisory Council (STAC).


KfW launches major European fund for Ukraine's reconstruction

KfW has launched a significant European fund for the reconstruction of Ukraine, as announced at the Ukraine Recovery Conference in Rome.


DBS/POSB launches SGD 23 million initiative for SG60 celebrations

DBS/POSB has announced a significant initiative to mark Singapore's 60th anniversary, providing SGD 23 million in savings and support to customers and beneficiaries through its SG60 initiatives.


World Bank supports productive alliances to boost smallholder farming competitiveness

The World Bank Group has been involved in supporting Productive Alliances (PAs) across Latin America and Africa, impacting over 1.6 million family farmers since 2002.