News from July 2025
USS Frank Cable visits Brisbane amid shared historic celebrations
By Globe Banner | Jul 31, 2025
The USS Frank Cable, a U.S. Navy submarine tender, has arrived in Brisbane, Australia, for a scheduled port visit on July 26, 2025.
Standard Chartered releases second quarter and half-year 2025 financial results
By Globe Banner | Jul 31, 2025
Standard Chartered PLC has published its financial results for the second quarter and half-year of 2025.
Secretary Rubio meets Egyptian foreign minister to discuss regional security and Sudan transition
By Globe Banner | Jul 31, 2025
Secretary of State Marco Rubio met with Egyptian Foreign Minister Badr Abdelatty to discuss cooperation on Middle East peace and security, according to a statement from Spokesperson Tammy Bruce.
U.S., South Korean foreign ministers discuss alliance, trade deal, regional security
By Globe Banner | Jul 31, 2025
Secretary of State Marco Rubio met with Republic of Korea (ROK) Foreign Minister Cho Hyun in Washington to discuss the ongoing partnership between the United States and South Korea.
Yuanta FHC enhances ESG transparency with global standards adoption
By Globe Banner | Jul 31, 2025
Yuanta Financial Holding Company (FHC) has announced new measures to align its sustainability practices with global standards and increase the transparency of its sustainability information.
IMF completes first review under Extended Fund Facility for Argentina
By Globe Banner | Jul 31, 2025
The Executive Board of the International Monetary Fund (IMF) has completed the first review of Argentina’s extended arrangement under the Extended Fund Facility (EFF).
Angola's economy shows strong recovery driven by oil sector resurgence
By Globe Banner | Jul 31, 2025
Angola's economy showed strong recovery in 2024, with a real GDP growth of 4.4%, driven by the oil sector and non-oil sectors like mining, commerce, and agriculture.
Economic memorandum outlines challenges for Angola's move beyond oil
By Globe Banner | Jul 31, 2025
Angola has been working on a series of reforms aimed at restoring macroeconomic stability and promoting economic diversification.
World Bank VP concludes visit to Pakistan discussing key development priorities
By Globe Banner | Jul 31, 2025
ISLAMABAD, July 25, 2025 — Ousmane Dione, the World Bank’s Vice President for the Middle East, North Africa, Afghanistan and Pakistan region, concluded a three-day visit to Pakistan.
NCUA Board discusses AI impact on credit union operations
By Globe Banner | Jul 31, 2025
The National Credit Union Administration (NCUA) Board held its fourth open meeting of 2025, where it was briefed on artificial intelligence, post exam survey results from the Office of the Ombudsman, and updates on the Central Liquidity Facility...
World Bank allocates $400M for disaster readiness in Eastern & Southern Africa
By Globe Banner | Jul 31, 2025
More than twelve million people in Angola, Burundi, Malawi, Seychelles, and Zambia are set to benefit from the second phase of the Regional Emergency Preparedness and Access to Inclusive Recovery (REPAIR) Program.
Belize gains new benefits from World Bank's International Development Association
By Globe Banner | Jul 31, 2025
In 2024, Belize, a Caribbean nation facing increasing climate risks impacting its economy, gained access to concessional financing from the World Bank’s International Development Association (IDA).
Societe Generale raises outlook after strong H1 profit jump
By Globe Banner | Jul 31, 2025
Societe Generale reported a group net income of EUR 3.1 billion for the first half of 2025, marking a 71% increase compared to the same period in 2024.
U.S. Consulate restricts staff visits after reported hotel threat in Karachi
By Globe Banner | Jul 31, 2025
The U.S. Consulate General in Karachi has received information about a potential threat aimed at high-end hotels in the city.
UOB trains all Singapore branch staff on identifying familial financial abuse
By Globe Banner | Jul 31, 2025
UOB has announced that by the end of 2025, every branch in Singapore will have staff trained to identify and assist potential victims of familial financial abuse.
NCUA bars three former credit union employees after issuing prohibition orders
By Globe Banner | Jul 31, 2025
The National Credit Union Administration (NCUA) announced that it issued one consent-based prohibition order and two prohibition notices in July 2025.
J.P. Morgan launches supply chain finance tool integrated with Oracle ERP
By Globe Banner | Jul 31, 2025
J.P. Morgan Payments has launched a new supply chain finance (SCF) solution integrated with Oracle Fusion Cloud Enterprise Resource Planning (ERP).
Samsung Electronics' new displays earn EU certification ahead of updated cybersecurity rules
By Globe Banner | Jul 31, 2025
Samsung Electronics has announced that its latest televisions, monitors, and commercial display products have been technically evaluated for compliance with the European Union’s Radio Equipment Directive (RED).
Swansea University honors alumnus Olufolahan Olumide for contributions to engineering
By Globe Banner | Jul 31, 2025
Originally from Lagos, Nigeria, Olufolahan Olumide embarked on his academic journey at Swansea University in the 1960s after receiving a scholarship from Shell-BP Nigeria Ltd.
Swansea University honors alumnus Prof Yi Min Xie for engineering achievements
By Globe Banner | Jul 31, 2025
Professor Yi Min 'Mike' Xie, a prominent figure in engineering and an alumnus of Swansea University, has been recognized for his contributions to the field.