News published on Globe Banner in May 2025

News from May 2025


Morgan Stanley agrees to sell Seven Seas Water Group to EQT Infrastructure

Morgan Stanley Investment Management has announced an agreement to sell its ownership stake in Seven Seas Water Group to the EQT Infrastructure VI fund.


Study provides insight into diverse characteristics within incel community

Researchers from Swansea University and the University of Texas at Austin have conducted a comprehensive study on the incel community, revealing key insights into this subgroup of men.


EU urged to learn tech lessons from Romania's tumultuous presidential election

Romania's recent presidential election has spotlighted the digital challenges facing European democracies.


FSB Regional Consultative Group for Asia discusses financial vulnerabilities in Colombo

The FSB Regional Consultative Group for Asia recently convened in Colombo.


IMF discusses $630M credit facility agreement with Chad

An International Monetary Fund (IMF) mission, led by Julien Reynaud, concluded discussions in N'Djamena on May 16, 2025, with the Chadian authorities regarding a new program under the Extended Credit Facility (ECF).


NCUA seeks stakeholder input for future strategic planning

National Credit Union Administration (NCUA) Chairman Kyle S. Hauptman has invited stakeholders to offer suggestions and feedback on the agency's operations and initiatives.


U.S.-funded emergency centers handed over to Dominica

The U.S. Embassy to Barbados and the Eastern Caribbean has announced the completion of two emergency operations centers in Dominica, funded by the U.S. Southern Command (SOUTHCOM).


World Bank supports Chile with $150M loan for social protection enhancement

The World Bank Group's Board of Executive Directors has approved a $150 million loan to enhance social protection in Chile.


Cambridge named UK's top city for innovation intensity

Cambridge has been identified as the most innovation-intensive city in the UK, according to a report by Dealroom.


Angola's Kwenda cash transfer program aids rural communities' recovery

The village of Catanha Bandi in Angola's Huila province has seen significant changes thanks to the Strengthening the National Social Protection System Project, which supports Kwenda, the country's first cash transfer program.


U.S. embassy offers assistance for social security beneficiaries in Nicaragua

Representatives from the Regional Federal Benefits Unit at the U.S. Embassy in Costa Rica will be visiting Nicaragua to provide in-person services related to U.S. Social Security and other federal benefits.


NCUA discusses employee separation plan and insurance fund performance

The National Credit Union Administration (NCUA) Board conducted its third open meeting of 2025, focusing on the agency's Voluntary Separation Program (VSP) and the performance of the National Credit Union Share Insurance Fund in the first quarter...


U.S Embassy clarifies services offered by American Citizen Services Unit

In the latest edition of "Ask the Consul," the U.S. Embassy in Guyana aims to clarify misconceptions about the services offered by its American Citizen Services (ACS) unit.



FCA warns about Fortunex for unauthorized financial and crypto services

The Financial Conduct Authority (FCA) has issued a warning regarding Fortunex, a firm allegedly offering financial and crypto-related services without proper authorization.


World leaders discuss strategies for affordable global healthcare at World Bank meeting

Global health financing is facing significant challenges, prompting a call for urgent reform.


World Bank announces new framework supporting Philippine development goals

The World Bank Group's Board of Executive Directors has endorsed a new Country Partnership Framework (CPF) for the Philippines, spanning 2026 to 2031.


Ethiopia improves rural access to clean water with new supply system

Access to clean water has been a longstanding issue in Ethiopia, particularly in rural areas.


Fellowship launched for young Nigerian journalists honoring Adejumobi Adegbite

The Foundation for Investigative Journalism (FIJ) has announced the opening of applications for the Adejumobi Adegbite Fellowship for Young Journalists.


WTO discusses progress on fisheries subsidies agreement

The World Trade Organization (WTO) Secretariat held an information session on May 22, 2025, to discuss the Agreement on Fisheries Subsidies and the associated Fisheries Funding Mechanism.