News published on Globe Banner in June 2025

News from June 2025



Vietnam collaborates with World Bank to enhance sustainable finance

Realizing the potential of Vietnam's capital markets is a key aim of the Sustainable Finance Facility (SFF).


U.S. mission seeks quotations for lift truck supply

The U.S. mission in Kampala is seeking quotations from vendors for the supply of a lift truck, specifically a Caterpillar Lift Truck 2.0t High Mast NRM20N2 or an equivalent model.


World Bank boosts education project in Kyrgyz Republic with $6.36 million funding

BISHKEK, June 26, 2025 – The World Bank has announced an additional $6.36 million in financing to enhance the Learning for the Future Project in the Kyrgyz Republic.


Alibaba outlines future strategy focusing on e-commerce and AI

Alibaba Group has outlined its strategic direction and achievements for fiscal year 2025, focusing on e-commerce and AI-driven cloud services as primary growth engines.


Alibaba files annual report for fiscal year ended March 31, 2025

Alibaba Group Holding Limited has filed its annual report on Form 20-F for the fiscal year ending March 31, 2025.


Chargé d’Affaires VanHorn highlights US-Albania partnership at Fourth of July reception

Lieutenant General Kingji expressed gratitude for the remarks and acknowledged the partnership and friendship shared.


U.S. Deputy Secretary questions effectiveness of Organization of American States

Deputy Secretary of State Christopher Landau addressed the Organization of American States (OAS) General Assembly, expressing gratitude to Antigua and Barbuda for hosting the event.


Sun Life launches AI-powered notes assistant for financial advisors

Sun Life Canada has introduced a new Notes Assistant tool powered by GenAI, designed to help advisors efficiently summarize client meetings.


Karen Leeder wins Griffin Poetry Prize for translating Durs Grünbein

The Griffin Poetry Prize for 2025 has been awarded to Professor Karen Leeder for her translation of Durs Grünbein's "Psyche Running."


Great Gray partners with BlackRock for new target date retirement solution

BlackRock has been chosen by Great Gray Trust Company to provide a custom glidepath for its new target date retirement solution.


President of BMO Financial Group Quebec: 'We are one of the main commercial banks in North America'

Grégoire Baillargeon, President of BMO Financial Group Quebec, said that BMO has become a leading commercial bank across North America and plays a central role in the critical minerals sector.


Trans-Oil grain tycoon Jhashi faces civil theft claim amid oligarch ties and monopoly accusations

As Vaja Jhashi—a powerful and controversial grain baron at the center of Eastern Europe’s agro-industrial world—faces explosive allegations of civil theft and financial deception in a Florida court, a closer look at his background reveals a troubling pattern.


Scientists study cellular development across organisms

Dr. Ben Steventon and his team are delving into developmental biology to understand how animals grow from a single cell into a full organism.


Demonstrations set for June 26 across Malawi cities may cause disruptions

Multiple demonstrations are scheduled to take place on June 26, 2025, in Lilongwe, Blantyre, and Mangochi.


IMF approves $700M facility for Jordan amid continued economic resilience

The International Monetary Fund (IMF) Executive Board has completed the third review of Jordan's Extended Fund Facility (EFF) arrangement, allowing for an immediate purchase equivalent to SDR 97.784 million, approximately US$134 million.


Middle market businesses show resilience amid declining economic optimism

Middle market business leaders are showing resilience despite a decline in optimism for the U.S. economy, according to J.P. Morgan's 2025 Business Leaders Outlook Pulse Survey released today.


IMF completes fourth review of funding arrangements for Côte d'Ivoire

The International Monetary Fund (IMF) Executive Board has completed its reviews of the Extended Fund Facility (EFF), Extended Credit Facility (ECF), and Resilience and Sustainability Facility (RSF) arrangements for Côte d’Ivoire.


Protests erupt across Kenya prompting cautionary advice for U.S. citizens

Violent protests are occurring in various towns across Kenya, including the Nairobi Central Business District and on Thika Highway.


Online Professional English Network invites applications for Fall 2025 TESOL courses

The Online Professional English Network (OPEN) Program is inviting foreign English teaching professionals to participate in its Fall 2025 online courses.