News published on Globe Banner in June 2025

News from June 2025


Standard Chartered names new global head for wealth & retail banking data

Standard Chartered has announced the appointment of Yusuf Demiral as Global Head for Wealth and Retail Banking Data, Analytics & AI.


World Bank report reveals ongoing challenges for Yemen's economy

Yemen's economy remains under significant strain due to ongoing conflict, institutional fragmentation, and declining external support.


Nicaragua accepts agreement on fisheries subsidies as 101st WTO member

Nicaragua has become the 101st member of the World Trade Organization (WTO) to formally accept the Agreement on Fisheries Subsidies.


E*TRADE releases monthly sector rotation study for June 2025

E*TRADE from Morgan Stanley has released its monthly sector rotation study, focusing on the notional net percentage buy/sell behavior of E*TRADE customers for stocks within the S&P 500 sectors.


World Bank approves $819M for irrigation modernization in Türkiye

The World Bank has approved a financing package of $819 million aimed at boosting food production and improving water efficiency for over 550,000 people in Türkiye.


Siemens aids Hirano with digitalization for better battery manufacturing

Siemens is aiding Hirano Tecseed in enhancing the quality and performance of its battery manufacturing through digitalization.


Lloyd's of London shows resilience with near-£10bn profit despite challenges

Howden Re has released its latest analysis of Lloyd’s of London syndicates, offering insights into performance, capacity trends, underwriting appetite, and profitability across the market.


U.S. Consulate warns of kidnapping risks linked to dating apps in Mexican regions

The U.S. Consulate General in Guadalajara has issued a security alert following multiple reports of U.S. citizens being kidnapped by individuals they met through dating apps in Puerto Vallarta and Nuevo Nayarit, Mexico.



Madagascar's Great South fights climate challenges with community-led environmental projects

Life in southern Madagascar is challenging, with over 90% of the population living in poverty and relying on farming and fishing.


Diplomat in Seoul seeks full-time cook for official events

A high-ranking diplomat stationed in Seoul, Korea, is seeking a full-time cook.


Memorial Day ceremony honors fallen FSM soldiers

On May 27, the FSM Office of Veterans Affairs, in coordination with the U.S. Embassy and the U.S. Veterans of Pohnpei Association (USVPA), held a Memorial Day ceremony at Pohnpei International Airport's arrival lounge.


Productivity growth slows in East Asia amid technological progress

In recent years, productivity growth in the East Asia and Pacific (EAP) region has experienced a slowdown despite significant technological advancements.


Bias against LGBTQI+ community highlighted through humorous anecdote

We invited voices from across the LGBTQI+ spectrum and their allies to share stories, quotes, and those "wait... did they really say that?


US Embassy seeks parking lot attendance service in Santo Domingo

The Embassy of the United States of America in Santo Domingo is inviting vendors to submit quotes for a parking lot attendance service.


Barclays Climate Ventures reports enabling over half a billion pounds in climate tech investment

Barclays Climate Ventures has facilitated significant investment in climate technology, according to its 2024 impact report.


World Bank approves new project to expand energy access in Sudan

The World Bank Board of Executive Directors has approved the Accelerating Sustainable and Clean Energy and Digital Access Transformation project for Sudan (ASCENT-Sudan).


Community shares stories highlighting bias against LGBTQI+ individuals

We invited individuals from the LGBTQI+ community and their allies to share personal experiences, anecdotes, and moments that challenged preconceived notions.


Global fintech evolves: winners emerge amid tech integration

The global fintech industry is entering a new phase marked by the rise of established fintech companies, the integration of new technologies such as AI, and a focus on sustainable growth.


Ethiopian school improves conditions for refugee students with clean water initiative

On the outskirts of Asosa, in Ethiopia's Benishangul-Gumuz region near the Sudanese border, Tsore No. 2 Primary School is situated close to a refugee camp.