News from July 2025
U.S. Embassy in Suva seeks quotes for chiller parts replacement
By Globe Banner | Jul 22, 2025
The U.S. Embassy in Suva has issued a request for quotations for the replacement of chiller parts.
World Bank approves $9.175M grant for urban resilience in Central African Republic
By Globe Banner | Jul 22, 2025
The World Bank has approved an additional grant of $9.175 million from the Global Environment Facility for the Inclusive and Resilient Cities Project in the Central African Republic.
Argentina joins WTO effort against harmful fisheries subsidies
By Globe Banner | Jul 22, 2025
Argentina has formally accepted the World Trade Organization (WTO) Agreement on Fisheries Subsidies, marking a significant step towards the agreement's entry into force.
Madagascar's TALIM project receives $185M funding to improve primary education outcomes
By Globe Banner | Jul 22, 2025
Antananarivo, July 22, 2025 — The newly approved Transforming Access and Learning in Madagascar (TALIM) Project aims to benefit 4.7 million Malagasy students in pre-primary and primary education, along with 135,000 teachers and 27,000 public...
Mauritania and Chad sign $137M education funding agreements with World Bank support
By Globe Banner | Jul 22, 2025
The governments of Mauritania and Chad have signed funding agreements for the Regional Engagement for Learning and Collaboration in Education (RELANCE) Project.
DBS Treasures Private Client focuses on supporting generational wealth transfer in Indonesia
By Globe Banner | Jul 22, 2025
The number of high-net-worth individuals (HNWIs) in Indonesia is rising, with Deposit Insurance Corporation (LPS) data showing a 3.56 percent increase in accounts holding deposits above IDR5 billion from May 2024 to May 2025.
Deforestation in Colombia harms biodiversity more than previously estimated
By Globe Banner | Jul 22, 2025
In a groundbreaking survey, scientists have found that deforestation for cattle farming in Colombia is causing 60% more harm to biodiversity than previously estimated.
Level 3 electric vehicle charging station opens at Toyota Canada's headquarters
By Globe Banner | Jul 22, 2025
Part of its approach to a Zero Emission Vehicle (ZEV) society, Mitsui Canada has opened a Level 3 Electric Vehicle Charging Station in Scarborough.
ANZ supports Women's Livelihood Bond 7 for empowerment across Asia
By Globe Banner | Jul 22, 2025
ANZ has announced its involvement in the initial tranche of the Women's Livelihood Bond 7 (WLB7), a bond issuance by Impact Investment Exchange (IIX).
U.S. Embassy in Philippines closes consular section due to severe weather
By Globe Banner | Jul 22, 2025
The U.S. Embassy in the Philippines has announced that its Consular Section will be closed on July 23, 2025, due to severe weather conditions in Metro Manila.
Hospitality sector sees boost from office returns amid economic shifts
By Globe Banner | Jul 22, 2025
Barclays has reported that the Hospitality and Leisure (H&L) sector is experiencing growth due to increased footfall from workers returning to offices.
NCUA releases annual report detailing ombudsman's activities in 2024
By Globe Banner | Jul 22, 2025
The National Credit Union Administration (NCUA) has published its Office of the Ombudsman 2024 Annual Report.
World Bank urges resilient development as Indian cities face climate challenges
By Globe Banner | Jul 22, 2025
India's urban areas are poised to become significant economic hubs, with a new World Bank report indicating that cities will generate 70% of new jobs by 2030.
University of Cambridge researchers advance AI use for faster landslide detection
By Globe Banner | Jul 22, 2025
Researchers from the University of Cambridge are employing artificial intelligence to expedite landslide detection after major earthquakes and extreme rainfall.
BEA reports rise in U.S., foreign investments for 2024
By Globe Banner | Jul 22, 2025
The U.S. Bureau of Economic Analysis (BEA) has reported a significant increase in the U.S. direct investment abroad position, which rose by $206.3 billion to reach $6.83 trillion at the end of 2024.
Imf completes article iv consultation with Georgia
By Globe Banner | Jul 22, 2025
The International Monetary Fund (IMF) Executive Board has completed the Article IV Consultation for Georgia, finalizing it on July 21, 2025.
Ambassador Pierangelo supports growth in Madagascar's Atsimo Andrefana region
By Globe Banner | Jul 22, 2025
U.S. Ambassador Claire Pierangelo completed a four-day visit to Toliara, where she participated in the Regional Economic Forum of Atsimo Andrefana.
World Bank supports women's economic opportunities across Europe & Central Asia
By Globe Banner | Jul 22, 2025
From 2017 to 2024, World Bank-supported programs helped over 20,000 women in Bosnia and Herzegovina secure private sector jobs through public and private employment services.
IMF completes Article IV consultation on Italy's economic resilience
By Globe Banner | Jul 22, 2025
On July 18, the Executive Board of the International Monetary Fund (IMF) concluded its Article IV Consultation with Italy.
Samsung announces One UI 8 watch update for Galaxy Watch Ultra
By Globe Banner | Jul 22, 2025
Samsung Electronics has announced the release of the One UI 8 Watch update for the Galaxy Watch Ultra.