News from July 2025
Volkswagen Group unveils tech initiatives at IAA Mobility 2025
By Globe Banner | Jul 10, 2025
The Volkswagen Group is gearing up for a significant presence at the IAA Mobility 2025 in Munich this September.
Pakistan partners with Germany for clean energy infrastructure
By Globe Banner | Jul 10, 2025
Pakistan is advancing its efforts towards a sustainable energy future with the signing of a contract for a new substation in the Gharo wind corridor.
Ambassador Popp praises outgoing U.S. Exchange Alumni Council at handover ceremony
By Globe Banner | Jul 10, 2025
Good evening and thank you for joining us tonight for this very important milestone.
Binance founder: 'We hold our profits in crypto,' 'we believe that crypto longer term will rise higher'
By Globe Banner | Jul 9, 2025
Changpeng "CZ" Zhao, founder of Binance, said that the company remains committed to holding profits in cryptocurrency and is confident in the sector's long-term prospects despite price fluctuations.
Bank of America set to release Q2 financial results on July 16
By Globe Banner | Jul 9, 2025
Bank of America will announce its second quarter 2025 financial results on July 16.
Trump announces delegation to attend World Expo in Osaka
By Globe Banner | Jul 9, 2025
President Donald J. Trump has announced the formation of a Presidential Delegation to attend the World Expo in Osaka, Japan, on July 19, 2025.
U.S. Embassy Seoul announces funding for cultural programs celebrating America's 250th anniversary
By Globe Banner | Jul 9, 2025
The U.S. Embassy Seoul's Public Diplomacy Section has announced a funding opportunity titled "Discover U.S." This initiative is part of the celebrations for the 250th anniversary of the United States and aims to engage Korean youth through...
Swansea professor wins prize for book on US government's role in assassinations
By Globe Banner | Jul 9, 2025
In a significant academic achievement, Dr. Luca Trenta, an associate professor of International Relations at Swansea University, has been awarded the Richard E. Neustadt Book Prize for his work titled "The President’s Kill List: Assassination in...
Arch promotes Ondine Bourrut Lacouture to active underwriter at Lloyd's
By Globe Banner | Jul 9, 2025
Arch Capital Group Ltd. has announced the promotion of Ondine Bourrut Lacouture to Active Underwriter of Arch Syndicate 1955 at Lloyd’s. She succeeds Simon Williams, who will continue as Chief Strategy and Distribution Officer of Arch Insurance...
World Bank supports Ceará's green hydrogen strategy with $134 million financing
By Globe Banner | Jul 9, 2025
The World Bank's Board of Directors has approved a new operation to support the green hydrogen strategy of the Pecém Industrial and Port Complex Company (CIPP) and the Government of Ceará.
FSB issues reports on tackling nonbank financial intermediation risks
By Globe Banner | Jul 9, 2025
The Financial Stability Board (FSB) has released three reports aimed at enhancing resilience in nonbank financial intermediation (NBFI).
US tariffs impact global economy and insurance premiums: Swiss Re Institute
By Globe Banner | Jul 9, 2025
Global economic growth is projected to slow down due to US tariff policies, according to a report by the Swiss Re Institute.
Oxford joins Franco-British initiative for AI research cooperation
By Globe Banner | Jul 9, 2025
Oxford University has announced its participation in a Franco-British partnership to enhance cooperation in artificial intelligence (AI) research, training, and innovation.
FSB releases final report on NBFI leverage risks
By Globe Banner | Jul 9, 2025
The Financial Stability Board (FSB) has released its final report on leverage in nonbank financial intermediation (NBFI), highlighting the importance of managing risks associated with non-bank leverage.
IMF concludes sixth review of Cabo Verde's credit facility
By Globe Banner | Jul 9, 2025
The International Monetary Fund (IMF) Executive Board has concluded the sixth review under the Extended Credit Facility (ECF) arrangement for Cabo Verde, initially approved on June 15, 2022.
Meta opens $16M audio research lab in UK's Ox-Cam corridor
By Globe Banner | Jul 9, 2025
Today, Meta has inaugurated a new $16 million (£12 million) audio research lab in Cambridge, part of the UK government's Ox-Cam corridor.
IMF completes third review of Somalia's economic reform program
By Globe Banner | Jul 9, 2025
The International Monetary Fund (IMF) Executive Board has completed the third review of Somalia's economic reform program under the Extended Credit Facility (ECF).
U.S. Embassy warns of potential violence during Ugandan election campaigns
By Globe Banner | Jul 9, 2025
Election campaigns in Uganda have commenced, with political parties such as the National Resistance Movement (NRM) holding primary elections on July 17.
U.S.-Nigeria partnership focuses on enhancing cybersecurity measures
By Globe Banner | Jul 9, 2025
Good morning, Your Excellencies, distinguished guests, esteemed colleagues, and friends.
IMF concludes Article IV consultation with Iraq amid economic challenges
By Globe Banner | Jul 9, 2025
The Executive Board of the International Monetary Fund (IMF) has concluded its Article IV consultation with Iraq, endorsing the staff appraisal without a formal meeting.