News from June 2025
IMF-AUC conference addresses economic challenges facing MENA region
By Globe Banner | Jun 5, 2025
Following two days of discussions and expert analysis, the inaugural IMF MENA Economic Annual Research Conference concluded with a call for coordinated policy responses to economic challenges in the Middle East and North Africa.
Credit union assets and loans see growth in first quarter of 2025
By Globe Banner | Jun 5, 2025
The National Credit Union Administration (NCUA) has released its financial performance data for the first quarter of 2025, showing an increase in total assets and loans outstanding for federally insured credit unions.
Record loan supports major Indonesian data center project
By Globe Banner | Jun 5, 2025
DBS and UOB have arranged a significant loan facility of IDR 6.7 trillion (SGD 530 million) to support the development of a new data centre campus in Batam, Indonesia.
U.S. Embassy issues travel alert for Changuinola due to potential unrest
By Globe Banner | Jun 5, 2025
The U.S. Embassy in Panama City has issued a security alert for Changuinola, located in the Bocas Del Toro Province.
Secretary Rubio extends congratulations on Denmark's Constitution Day
By Globe Banner | Jun 5, 2025
On June 5, 2025, Secretary Marco Rubio issued a statement recognizing Denmark's Constitution Day.
IMF reviews Luxembourg's economic outlook amid slow recovery
By Globe Banner | Jun 5, 2025
On May 30, 2025, the Executive Board of the International Monetary Fund (IMF) concluded its 2025 Article IV Consultation with Luxembourg.
UK universities unite for women's entrepreneurship initiative
By Globe Banner | Jun 5, 2025
Five universities, led by Imperial College London, are joining forces to form the WE Innovate National network.
Study links atmospheric demand to worsening global droughts
By Globe Banner | Jun 5, 2025
A recent study led by researchers at the School of Geography and the Environment reveals that droughts are not solely caused by a lack of rainfall.
U.S. citizens alerted about Guatemala's rainy season amid predicted active hurricane activity
By Globe Banner | Jun 5, 2025
The U.S. Department of State has issued an alert to American citizens regarding the onset of the rainy and hurricane seasons in Guatemala.
U.S trade deficit narrows significantly in April amid changes in export-import dynamics
By Globe Banner | Jun 5, 2025
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis have reported a decrease in the goods and services deficit for April 2025.
Sun Life supports new bill on mental health coverage in disability insurance
By Globe Banner | Jun 5, 2025
Dan Fishbein, M.D., president of Sun Life U.S., expressed support for the Workers' Disability Benefits Parity Act introduced by Congressmen Mark DeSaulnier and Robert Scott.
IMF concludes discussions with Lebanon on economic reform initiatives
By Globe Banner | Jun 5, 2025
The International Monetary Fund (IMF) has concluded a mission to Lebanon, led by Ernesto Ramirez Rigo.
US tariffs prompt shifts in Southeast Asian business strategies
By Globe Banner | Jun 5, 2025
Businesses in Southeast Asia are adapting their strategies following the recent tariffs announced by the United States on April 2, 2025.
Funding available through U.S. Embassy Algiers' small grants program
By Globe Banner | Jun 5, 2025
The U.S. Embassy Algiers Public Affairs Section (PAS) of the U.S. Department of State has announced the availability of funding through its Public Diplomacy Small Grants Program.
Rubio meets with Singapore's foreign minister to discuss strategic partnership
By Globe Banner | Jun 5, 2025
Secretary of State Marco Rubio engaged in discussions with Singaporean Foreign Minister Vivian Balakrishnan, emphasizing the robust U.S.-Singapore strategic partnership.
NAB predicts further rate cuts amid economic uncertainty
By Globe Banner | Jun 5, 2025
According to NAB economists, the Australian economy is progressing largely as anticipated, although some downside risks have emerged.
Canada seeks WTO panel over China's agricultural tariffs
By Globe Banner | Jun 5, 2025
Canada has requested the establishment of a dispute panel to address additional import duties imposed by China on certain Canadian agricultural and fishery products.
U.S. Mission condemns attack on aid workers in Borno State
By Globe Banner | Jun 5, 2025
The U.S. Mission in Nigeria has condemned a recent attack by a non-state armed group on the Gwoza-Limankara road in Borno State.
U.S. Mission warns of increased wildfire risk in Greece during summer
By Globe Banner | Jun 5, 2025
As Greece enters the summer season, the U.S. Mission in Greece has issued a reminder to U.S. citizens about the increased risk of wildfires throughout the country.
Ambassador Popp emphasizes education's role during visit to Ugandan school
By Globe Banner | Jun 5, 2025
Ambassador William W. Popp recently addressed students, faculty, and staff at Mengo Senior School in Nsambya.