News published on Globe Banner in July 2025

News from July 2025


State of Emergency extended in Trinidad and Tobago amid security concerns

A nationwide State of Emergency (SOE) remains in effect across Trinidad and Tobago after the country’s government declared the measure on July 18, 2025.


Olympic cyclist Elinor Barker receives honorary award from Swansea University

Born and raised in Cardiff, Elinor Barker began her journey to the top of world cycling at age 10 when she joined the Maindy Flyers Cycling Club.


U.S. Embassy offers consular services for citizens in Terengganu on August 18

The U.S. Embassy in Kuala Lumpur has announced that its American Citizens Services (ACS) Unit will be offering passport, Consular Report of Birth Abroad (CRBA), and notarial services to U.S. citizens in Terengganu on the afternoon of August 18, 2025.


U.S., Sri Lanka collaborate on anti-human trafficking training in Colombo

U.S. Ambassador Julie Chung addressed Sri Lankan law enforcement officials, prosecutors, immigration officers, and civil society members at the opening of an anti-human trafficking workshop in Colombo on July 31, 2025.


Swansea University awards honorary degree to former Wales Women's rugby captain

The former Wales Women’s rugby captain, Siwan Lillicrap, was awarded an honorary Master of Science degree by Swansea University.


IMF approves new credit facility arrangement for Chad worth $625 million

The International Monetary Fund (IMF) has approved a new 48-month Extended Credit Facility (ECF) arrangement for Chad.


Everest appoints Josh Pillion as U.S. insurance national distribution manager

Everest, a global leader in specialty insurance and reinsurance, has announced the appointment of Josh Pillion as the U.S. National Distribution Manager for Everest Insurance.


IMF mission reviews Sri Lanka's economic reforms under Extended Fund Facility

An International Monetary Fund (IMF) mission team, led by Evan Papageorgiou, IMF Mission Chief for Sri Lanka, visited Colombo from July 21 to 25, 2025.


Allianz Group highlights sustainability leadership in financial performance report

The Allianz Group, a prominent global insurer and asset manager, serves approximately 128 million private and corporate clients across nearly 70 countries.


Arch Insurance launches new supplemental health insurance products

Arch Insurance has announced the launch of a new suite of Individual Supplemental Health products through its Accident & Health business unit.


Volkswagen Group reports mixed financial results amid global economic challenges

The Volkswagen Group has released its half-year results for 2025, reporting slight growth in vehicle sales and a significant increase in sales revenue at Financial Services.


ICJ issues landmark opinion on climate change responsibility

The International Court of Justice (ICJ) has issued a landmark opinion that could significantly impact climate litigation worldwide.


Samsung launches latest foldable phones and smartwatches globally

Samsung Electronics has announced the global launch of its latest foldable smartphones, the Galaxy Z Fold7 and Galaxy Z Flip7, alongside the new Galaxy Watch8 series.


Australian consumer confidence falls slightly as economic outlook improves

Consumer confidence in Australia experienced a slight dip last week, falling by 0.2 points to 86.3 points, according to recent data.


Morgan Stanley discusses potential opportunities in uncertain financial markets

Uncertainty in the financial markets is creating potential opportunities for longer-duration assets in developed markets, as well as value in emerging markets debt and securitized credit.


UBS announces second quarter results presentation with webcast options

The UBS Group has announced a media briefing for the presentation of its second quarter 2025 results.


Howden Re and Moody's expand talent exchange program for enhanced catastrophe modeling

Following a successful first year, Howden Re and Moody’s have launched the second phase of their early careers exchange programme.


Insights from Chris Dyer on managing teams and mitigating biases at Morgan Stanley

Perspectives on personalities and investing have influenced Chris Dyer's approach to leading teams, empowering individuals, mitigating behavioral bias, and delivering strong performance for clients.


World Bank names Tsutomu Yamamoto as new head of guarantee business

Tsutomu Yamamoto has been appointed as Managing Director of the Multilateral Investment Guarantee Agency (MIGA), according to an announcement from the World Bank Group.


Standard Chartered launches new sustainable escrow solution

Standard Chartered has introduced a new Sustainable Escrow and Account Bank solution aimed at integrating sustainability into clients' cash management.