News published on Globe Banner in July 2025

News from July 2025


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.


UOB strengthens ties with strategic MOUs at ASEAN conference

UOB has entered into five Memorandums of Understanding (MOUs) with government agencies and industry players in ASEAN and Greater China.


Howden Re launches podcast on global MGA market trends

Howden Re has announced the launch of a new podcast titled "The Howden Re View," available on Spotify.


U.S. Embassy warns of potential demonstrations during Ashura commemoration

The U.S. Embassy in Abuja has issued a notice to American citizens regarding expected processions and gatherings in Abuja and other Nigerian cities during the Ashura commemoration this weekend.


Howden Re launches new podcast on Spotify discussing global MGA landscapes

Howden Re has launched a new podcast titled "The Howden Re View" on Spotify.


IMF approves fourth review of Extended Fund Facility for Sri Lanka

The International Monetary Fund (IMF) Executive Board has completed the fourth review under the Extended Fund Facility (EFF) arrangement with Sri Lanka.



OCBC introduces smart text resizing for senior users

By the end of July 2025, OCBC will introduce a smart text resizing feature in its app for users in English and Mandarin.


WTO report shows rise in tariffs and search for solutions

The World Trade Organization (WTO) has released its mid-year update to the Secretariat's annual Trade Monitoring Report, which highlights significant changes in global trade and related policies from mid-October 2024 to mid-May 2025.


Local authorities drive development amid crises in Sri Lanka

Sri Lanka has been grappling with numerous challenges in recent years, including economic setbacks and increased poverty.


Allianz Group reports financial performance highlights for fiscal year ending December 31, 2024

The Allianz Group, a prominent name in the insurance and asset management sectors, operates globally with approximately 128 million private and corporate customers across nearly 70 countries.


Nordea announces date for half-year results presentation

Nordea is set to release its half-year results for 2025 on Thursday, July 17.


FPT partners with audax Financial Technology for growth in Asia-Pacific

Global IT services provider FPT has announced a strategic partnership with audax Financial Technology, a digital banking technology solutions provider backed by Standard Chartered.


German SMEs show improved sentiment amid rising hopes for economic recovery

Confidence among German small and medium-sized enterprises (SMEs) showed signs of improvement in June, according to the latest KfW-ifo SME Barometer.


Meta supports EU-wide digital majority age proposal

At Meta, the safety of young people remains a top priority.


Toyota ranks among Canada's top ten respected companies

Toyota has been recognized as one of the top ten most respected companies in Canada, according to Leger's annual Reputation Study.