News published on Globe Banner in July 2025

News from July 2025


Young Australians show strong entrepreneurial ambitions, NAB report reveals

Young Australians are increasingly showing interest in entrepreneurship, according to the latest report from the NAB Economics' Education Insights Series.


NAB announces grants and support for storm-affected customers in New South Wales

NAB has announced new financial support measures for customers impacted by the severe storms in New South Wales.


Welfare reform: insights from recent experiments on basic income and guaranteed jobs

The debate surrounding welfare benefits often centers on their budgetary cost and the labor market participation of recipients.


Volkswagen announces supervisory board changes with new appointment

A change is occurring among the shareholder representatives on the Supervisory Board of Volkswagen Aktiengesellschaft.


U.S.-Liberia relations highlighted during Independence Day celebration

Your Excellency President Boakai, Mr. Speaker Koons, Madame President Pro Tempore Karnga-Lawrence, Madame Chief Justice Youh, Ministers, Ambassadors, Distinguished guests, dear friends, fellow Americans, Ladies and Gentlemen.


Expert discusses future directions for British welfare system

The future of the British welfare system is a topic of ongoing debate, with much focus on the budgetary costs and labor market participation of benefit recipients.


Volkswagen announces Gunnar Kilian's departure from management board

Gunnar Kilian is stepping down from Volkswagen AG's Group Board of Management effective immediately.


Secretary Rubio emphasizes historical significance in Fourth of July speech

On July 4, 2025, Secretary Rubio delivered remarks celebrating the United States' Independence Day.


US Mission in Kampala seeks bids for bathroom sanitary fittings

The US Mission in Kampala has issued a call for quotations from vendors for bathroom sanitary fittings.


Oxford citizens' jury recommends giving nature a voice in urban planning

Authorities worldwide are facing a biodiversity crisis and are calling for ambitious plans to address nature recovery.


ANZ predicts $280m surge as Euro Summer travel rebounds

ANZ anticipates a significant resurgence in European travel this summer, with customer spending projected to reach $280 million across June, July, and August.


IMF concludes Article IV consultation with Austria amid challenging economic conditions

The International Monetary Fund (IMF) Executive Board has concluded its Article IV consultation with Austria.


DEG launches new photovoltaic system at Cologne site

DEG has recently activated a new photovoltaic system at its Cologne headquarters, replacing an older setup from 2008.


Rwanda receives $9M grant for ecosystem restoration

Communities in Rwanda's Southern Province will benefit from restored ecosystems and improved agricultural productivity through a $9 million grant from the Global Environment Facility.


Macquarie Group funds Philippine initiatives for social entrepreneurship and youth leadership

Macquarie Group Foundation has announced a grant partnership with Ayala Foundation, committing PHP 19 million to support social entrepreneurship and youth leadership in El Nido, Palawan, Philippines.


U.S. Embassy in Panama marks 249th Independence Day with celebration

Panama, July 3, 2025 – The U.S. Embassy in Panama City celebrated the 249th anniversary of American independence with an event at Club Union.


Albania advances public service reform with World Bank support

The government of Albania is making strides in institutional reform to improve public services and boost human and economic development.


U.S.-Ghana relations celebrated during Independence Day event

Chargé d’Affaires Rolf Olson addressed attendees at the 4th of July Independence Day celebration, marking the United States' 249th birthday.


U.S. Embassy celebrates Independence Day with Maltese leaders

On July 1, the U.S. Embassy in Malta marked the 249th anniversary of American independence with a celebration attended by prominent figures, including Chargé d’Affaires Ken Toko and Her Excellency Myriam Spiteri Debono, President of Malta.


World Bank approves $1 billion policy operation for Ethiopian economic reforms

The World Bank's Board of Executive Directors has approved a $1 billion Development Policy Operation (DPO) to aid Ethiopia in its transition toward a more inclusive and private sector-led growth model.