News published on Globe Banner in July 2025

News from July 2025


US Consul General reflects on strong ties between America and Western Australia

The United States Consul General in Western Australia, Siriana Nair, has shared her reflections on the US-Australia alliance and its impact on the region.


UK rent and mortgage spending slows; awareness gap in ownership schemes

Consumer spending on rent and mortgages in the UK grew by 4.3% year-on-year in June, according to data from Barclays Property Insights.


Ukraine bolsters healthcare amid war with World Bank support

In 2021, a World Bank-supported health initiative in Ukraine began with the goal of containing the COVID-19 pandemic.


U.S. Embassy seeks bids for remote generator fuel monitoring system

The United States Embassy in Windhoek has issued an invitation for tenders from qualified companies to provide a Remote Generator Fuel Monitoring and Control System.


DBS outlines key investment strategies amid global economic shifts

The global economic landscape is experiencing notable shifts as outlined in the latest investment takeaways for the third quarter of 2025.


IMF completes fourth review under ECF arrangement with Ghana

The International Monetary Fund (IMF) Executive Board has completed the fourth review of Ghana's Extended Credit Facility (ECF) Arrangement, originally approved in May 2023.


NCUA supports Texas flood-affected credit unions ensuring deposit safety

As Texas recovers from recent severe storms and flooding, the National Credit Union Administration (NCUA) is actively monitoring the situation and providing support to affected credit unions.


Nairobi protest prompts alert for U.S. citizens

U.S. citizens in Nairobi have been alerted about potential disruptions in the Central Business District (CBD) on July 7, 2025.


Secretary Rubio travels to Malaysia for ASEAN-related meetings

Secretary of State Marco Rubio is set to visit Kuala Lumpur from July 8 to 12.


U.S. Embassy Praia seeks administrative clerk; deadline July 18

The U.S. Embassy in Praia has announced a job opening for the position of Administrative Clerk Document Control, classified as FSN-06.


BlackRock announces acquisition agreement with real estate firm ElmTree Funds

BlackRock, Inc. has announced a definitive agreement to acquire ElmTree Funds, a real estate investment firm with $7.3 billion in assets under management as of March 31, 2025.


IDA leverages resources for job creation across fragile markets

The International Development Association (IDA) Private Sector Window (PSW) is playing a significant role in job creation and economic growth in some of the world's most fragile markets.


Australian job ads reach highest point since September last year

ANZ-Indeed Australian Job Ads increased by 1.8% in June, marking the strongest monthly rise since September 2024.


Siemens opens modern train factory in Munich

Siemens has inaugurated a new train factory and service center in Munich-Allach, marking a significant investment in the region's rail industry.


Swansea University leads project on integrating MBSE for aerospace system security

Swansea University is leading a pioneering project focused on enhancing cybersecurity in aerospace systems through Model-Based Systems Engineering (MBSE).


Immigrant visa applications require original birth certificates

When applying for an immigrant visa on behalf of a parent or sibling, U.S. law mandates the submission of the petitioner's original birth certificate to the consular section.


Barclays appoints new Co-CEOs for Middle East operations

Barclays has appointed Khaled El Dabag and Walid Mezher as Co-CEOs for its Middle East operations.


WTO releases updated World Tariff Profiles with focus on MFN terms

The World Trade Organization (WTO) has released a new edition of the World Tariff Profiles.


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.