News published on Globe Banner in July 2025

News from July 2025


World Bank appoints new country manager for Burundi

Mr. Babacar Sedikh Faye has been appointed as the World Bank Group (WBG) Country Manager for Burundi, with his role commencing on July 1, 2025.


Macquarie Bank suggests four questions to ask amid potential RBA rate cuts

With an official rate cut expected, Macquarie Bank advises Australian homeowners and savers to engage with their banks by asking four key questions to ensure they are getting the best financial deal.


German VC market grows with record unicorns and foreign investment

After a slow start to the year, the German venture capital market showed significant growth in the second quarter.


World Bank funds safer roads for cyclone-prone areas in Comoros

Comoros is set to rehabilitate 12 kilometers of climate-resilient roads, aimed at restoring connectivity and strengthening disaster resilience for 13,000 people in one of the country’s most cyclone-affected regions.


Howden Re releases climate report highlighting increased weather variability in Brazil

Howden Re Brazil, in collaboration with climate analytics firm MeteoIA, has released the fifth issue of its Brazil and Global Climate Impacts report.


U.S. Consulate opens tech hub in Abeokuta as part of cultural initiative

On Thursday, the U.S. Consulate General and Ogun State Government, in collaboration with GFA Technologies, inaugurated the Ogun Tech Hub Window on America in Abeokuta.


Nigeria continues economic reforms amid persistent challenges

Nigeria has been implementing reforms over the past two years to address long-standing economic challenges.


U.S. votes against resolution on Afghanistan amid ongoing concerns

The United States has expressed its decision to vote against the resolution on Afghanistan, identified as A/79/L.100, during a recent session.


Siemens partners with Microsoft for enhanced building IoT interoperability

Siemens has announced a collaboration with Microsoft to enhance the interoperability of IoT systems for buildings.


World Bank appoints Juan Pablo Uribe as director for Central America region

The World Bank has appointed Juan Pablo Uribe as the new Division Director for Central America and the Dominican Republic, with his tenure beginning on July 1, 2025.


Kin Insurance CEO discusses challenges and motivations

In a recent interview, Sean Harper, CEO of Kin Insurance, discussed the challenges and motivations behind his company's approach to homeowners insurance.


Active management crucial for identifying undervalued quality small-caps

Historically, the quality approach to small-cap investing has delivered attractive risk-adjusted returns.


World Bank report forecasts modest growth for Syrian economy in 2025

Following a 1.5% contraction in 2024, Syria's GDP is projected to grow by 1% in 2025, according to a World Bank report released on July 7, 2025.


US Embassy seeks appliance vendors for FY25 make readies program

The United States Embassy in Santo Domingo has announced an opportunity for vendors to submit quotes for appliances as part of the Make Readies program for the fiscal year 2025.


NAB Foundation grants $100k for flood relief efforts in New South Wales

The NAB Foundation has announced a $100,000 grant to Rural Aid, aimed at providing urgent feed relief in areas of New South Wales affected by recent floods.


OCBC supports new national swimming framework ahead of World Aquatics Championships

With the World Aquatics Championships set to begin in Singapore, a new national swimming framework was unveiled by Singapore Aquatics (SAQ) with OCBC as the presenting sponsor.


NAB announces half-year results highlighting strategic progress

NAB Group CEO Andrew Irvine has stated that the bank is effectively managing its business amid ongoing challenging operating conditions.


NAB celebrates 6000th cloud certification through global tech academy

When NAB Engineer Avinash Chaudary recently completed his AWS Cloud Certification, it marked the 6000th cloud certification achieved through NAB’s Global Tech Academy and Cloud Guild program since its inception in 2018.


NAB CEO discusses 2025 half year results and strategy

NAB CEO Andrew Irvine has provided insights into the bank's 2025 Half Year Results, emphasizing how NAB is navigating challenging operating conditions.


U.S. congratulates Algeria on its 63rd National Day

On July 5, 2025, Secretary of State Marco Rubio extended congratulations to the Government and people of Algeria on their 63rd National Day.