News published on Globe Banner in July 2025

News from July 2025


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.


German VC market grows with record unicorns and foreign investment

After a slow start to the year, the German venture capital market showed significant growth in the second quarter.


World Bank funds safer roads for cyclone-prone areas in Comoros

Comoros is set to rehabilitate 12 kilometers of climate-resilient roads, aimed at restoring connectivity and strengthening disaster resilience for 13,000 people in one of the country’s most cyclone-affected regions.


Howden Re releases climate report highlighting increased weather variability in Brazil

Howden Re Brazil, in collaboration with climate analytics firm MeteoIA, has released the fifth issue of its Brazil and Global Climate Impacts report.