News published on Globe Banner in July 2025

News from July 2025


IMF highlights Curaçao's economic growth driven by tourism; risks remain

Curaçao's economic landscape has experienced notable growth, with a 5 percent expansion in 2024 driven by robust tourism activity.


Chargé Palladino emphasizes US-Hungary ties at Independence Day reception

Chargé David Palladino delivered remarks at the Independence Day Reception held at the United States Chief of Mission’s Residence in Hungary.


European economies face uncertainty amid U.S.-Europe trade policy divergence

The past quarter has heightened uncertainty over the growth trajectories of major economies, which are facing a global shock to confidence and a reorganization of their relative competitiveness.


E*TRADE releases monthly study on S&P 500 sector rotation

E*TRADE from Morgan Stanley has published its monthly sector rotation study, which analyzes customer buying and selling trends for stocks within the S&P 500 sectors.


Collaboration reshapes development strategies in the Caribbean

In recent developments, the Caribbean is becoming a focal point for demonstrating the importance of collaboration in global development.


Quad foreign ministers meet in Washington D.C., announce new initiatives

The foreign ministers of the Quad nations—Australia, India, Japan, and the United States—convened in Washington D.C. on July 1, 2025.


Philippines seeks better internet connectivity amid slow digital transformation

The Philippines is working to improve its digital transformation by enhancing internet connectivity, a move seen as crucial for poverty reduction and shared prosperity.


UBS announces redemption of senior unsecured notes and tier one instrument

Zurich, 2 July 2025 – UBS has announced plans to redeem its outstanding $1.5 billion 6.373% Fixed Rate/Floating Rate Senior Callable Notes due in 2026.


U.S. Embassy hosts online furniture auction

The U.S. Embassy has announced an online auction featuring furniture items.


Framework introduced for fcv-sensitive approach in global climate action

Promoting climate action that considers fragility, conflict, and violence (FCV) is essential for helping countries affected by these issues adapt to the growing impacts of climate change.


Research reveals new insights into William the Conqueror's Domesday Book

The latest research into William the Conqueror's Domesday Book challenges traditional views on its purpose, suggesting it was more than just a tax tool.


U.S. Ambassador highlights American ideals at Independence Day event in Sierra Leone

Ambassador Bryan D. Hunt delivered remarks at an Independence Day reception, emphasizing the enduring principles of democracy and freedom that underpin the United States' founding.


Hurricane Flossie prompts dangerous ocean warnings for Baja California Sur

Hurricane Flossie, currently a category 3 storm, is situated approximately 505 kilometers south-southeast of Cabo San Lucas.


Hubert H. Humphrey Fellowship applications open at U.S. Embassy in Somalia

The United States Embassy in Somalia has opened the application cycle for the Hubert H. Humphrey Fellowship Program for the 2026-2027 academic year.


Gut microbes found effective against toxic 'forever chemicals

Scientists have identified certain gut microbes capable of absorbing PFAS, a group of toxic and persistent chemicals known as "forever chemicals."


U.S urges UN action against Francesca Albanese over alleged misconduct

The United States has reiterated its concerns to UN Secretary-General António Guterres regarding Francesca Albanese, the "United Nations Special Rapporteur on the situation of human rights in the Palestinian territories occupied since 1967."


Seychelles achieves economic stability after comprehensive reforms

Seychelles, an archipelago of 115 islands in the Indian Ocean, has achieved a notable level of economic stability.


Anna Radivilova assumes role as acting chargé d’affaires at Embassy Stockholm

Acting Chargé d’Affaires Anna Radivilova has taken on her role at Embassy Stockholm, where she joined as Counselor for Political-Economic Affairs in August 2024.


World Bank appoints Holly Benner as country manager for Qatar

The World Bank Group has appointed Holly Welborn Benner as the new Country Manager for Qatar.


U.S.-led conference highlights disaster management innovations post-Thai earthquake

The U.S. Embassy in Bangkok, in collaboration with the MIT ASEAN Initiative and the American Chamber of Commerce (AmCham), organized the inaugural "Disaster Management Conference: Technology, Innovation, and Research for Effective Disaster...