News published on Globe Banner in June 2025

News from June 2025


Michigan-Liberia partnership celebrates milestone under state program

The Michigan National Guard (MING) and the Armed Forces of Liberia (AFL) commemorated 15 years of collaboration under the National Guard Bureau’s State Partnership Program (SPP).


Oxford University showcases animal seismic senses at science exhibition

Many animals, including elephants and spiders, possess seismic senses that allow them to detect vibrations through the ground.


IMF concludes Article IV consultation on Algeria's economic prospects

An International Monetary Fund (IMF) mission led by Charalambos Tsangarides concluded its 2025 Article IV consultation with Algeria on June 30, 2025.


IMF concludes Article IV consultation with Guinea-Bissau; approves eighth ECF review

The International Monetary Fund (IMF) Executive Board has concluded the 2025 Article IV consultation and completed the eighth review under the Extended Credit Facility (ECF) arrangement with Guinea-Bissau.


U.S. Embassy Praia seeks electrical engineer; apply by July 14

The U.S. Embassy in Praia has announced a job opening for the position of Electrical Engineer, classified under FSN-11.


U.S. mission in Kampala seeks quotes for tree trimming services

The U.S. mission in Kampala has announced a request for quotations from vendors for tree trimming services.


NATO Summit concludes with commitment to increase defense spending

The 2025 NATO Summit took place in the Netherlands from June 24 to June 25, gathering over 6,000 representatives from all member states.


IMF concludes Article IV consultation with Serbia; completes PCI review

The International Monetary Fund (IMF) Executive Board has completed the 2025 Article IV Consultation with Serbia and finalized the first review under the Policy Coordination Instrument (PCI).


UBS announces new $2bn share repurchase program starting July

UBS Group AG has announced the initiation of a new share repurchase program, following approval at its Annual General Meeting on April 10, 2025.


World Bank reports on Libya's economic resilience amid challenges

Libya's economy showed signs of recovery in 2024, despite challenges related to its reliance on hydrocarbons and ongoing political instability.


YSEALI fellowship opens applications for young Vietnamese leaders

The U.S. Mission to Vietnam is currently accepting applications for the 2026 Young Southeast Asian Leaders Initiative (YSEALI) Academic Fellowship.


Microfinancing aids Pakistani women's entrepreneurship amid challenges

Fifty-eight-year-old widow Arza Parveen, after her husband was injured in war, turned to microfinancing to support her family.


U.S.-Africa business summit sees $2.5 billion in deals

From June 22 to 25, the 17th U.S.-Africa Business Summit took place, hosted by the Corporate Council on Africa and the President of Angola.



Survey shows global corporations see sustainability as long-term value opportunity

The latest "Sustainable Signals" report from the Morgan Stanley Institute for Sustainable Investing reveals that sustainability is still seen as a key opportunity for long-term value creation by most companies worldwide.


IMF approves eighth review of extended fund facility for Ukraine

The International Monetary Fund (IMF) Executive Board has concluded the Eighth Review of the Extended Fund Facility (EFF) for Ukraine, allowing the country to access US$0.5 billion for budget support.


IMF's Nigel Clarke highlights importance of tax capacity at development conference

Nigel Clarke, Deputy Managing Director of the International Monetary Fund (IMF), addressed the Fourth Financing for Development Conference in Seville, Spain.


U.S. citizens in Peru redirected to Buenos Aires for social security services

Effective July 1, 2025, U.S. citizens residing in Peru who need social security services or have inquiries about their benefits will now be directed to the Federal Benefits Unit (FBU) located in Buenos Aires, Argentina.


Macquarie launches Health Wave Partners for senior housing investments

Macquarie Asset Management has announced the launch of Health Wave Partners, a senior housing platform focused on investment opportunities in modern senior housing assets.


Morgan Stanley receives dual recognition at 2025 Celent Model Wealth Manager Awards

Morgan Stanley has announced that it has received two 2025 Celent Model Wealth Manager Awards for its technological innovations in wealth management.