News from May 2025
ANZ announces cut in variable home lending rates following RBA's cash rate decision
By Globe Banner | May 20, 2025
ANZ has announced a reduction in interest rates for its variable rate home loan customers.
Consumer confidence rises amid steady inflation expectations
By Globe Banner | May 20, 2025
Consumer confidence experienced a modest increase last week, rising by 0.5 points to reach 88.8 points.
World Bank supports green jobs growth in Bangladesh's post-production industry
By Globe Banner | May 20, 2025
Bangladesh's content industry is experiencing growth, driven by an expanding media landscape and increasing digital consumption.
Oxford study links poverty and loneliness to increased pain and fatigue
By Globe Banner | May 20, 2025
A recent study published in Public Health has explored the link between poverty, loneliness, and a specific set of physical and emotional symptoms.
Forum on cross-border payments data holds inaugural meeting
By Globe Banner | May 20, 2025
Differences in laws, regulations, and practices between countries can create unnecessary frictions in cross-border payments, increasing costs and risks for businesses and individuals.
US Secretary criticizes WHO at World Health Assembly amid US withdrawal
By Globe Banner | May 20, 2025
In a video address to the Seventy-Eighth World Health Assembly in Geneva, Switzerland, U.S. Health and Human Services Secretary Robert F. Kennedy, Jr. outlined the Trump Administration's decision to withdraw from the World Health Organization (WHO).
First group departs US under CBP Home program
By Globe Banner | May 20, 2025
On May 19, 2024, the first group of Colombian nationals who voluntarily left the United States under the CBP Home program arrived in Colombia.
IMF completes final review of Kosovo’s stand-by arrangement
By Globe Banner | May 20, 2025
The International Monetary Fund (IMF) Executive Board has completed the fourth and final review of Kosovo's Stand-By Arrangement (SBA) and Resilience and Sustainability Facility (RSF).
Skilled worker shortage eases slightly in Germany amid economic slowdown
By Globe Banner | May 20, 2025
In Germany, the shortage of skilled workers has decreased but remains historically high.
World Bank calls for improved transport to tackle Africa's growing food insecurity
By Globe Banner | May 20, 2025
In Sub-Saharan Africa, the journey from farm to table is filled with obstacles.
World Bank pledges support as new partnership framework launched in Bhutan
By Globe Banner | May 20, 2025
World Bank Managing Director for Operations Anna Bjerde concluded her first visit to Bhutan, where she reinforced the World Bank Group's commitment to supporting the country's economic and development objectives.
Women-led businesses connect Sri Lanka with U.S., says Ambassador Chung
By Globe Banner | May 20, 2025
Ambassador Chung recently addressed attendees at the WEConnect Roadshow 2025: Power of Access event held in Colombo, Sri Lanka.
U.S. consulate in Auckland hosts virtual town hall for citizens
By Globe Banner | May 19, 2025
The U.S. Consulate General in Auckland is organizing a virtual town hall for American citizens residing in New Zealand.
CEO of Ecuador’s leading tuna exporter: 'We want to continue bringing the best of Ecuador to the world'
By Globe Banner | May 19, 2025
Roberto Aguirre Román, CEO of NIRSA, said that the organization has achieved global success in exporting tuna, with shipments to over 40 countries.
Samsung announces NVIDIA G-SYNC compatibility for 2025 OLED TV lineup
By Globe Banner | May 19, 2025
Samsung Electronics has announced that its 2025 OLED TV lineup will include NVIDIA G-SYNC compatibility.
President Trump proclaims May 2025 as Asian American & Pacific Islander Heritage Month
By Globe Banner | May 19, 2025
The United States is observing Asian American and Pacific Islander Heritage Month this May, as proclaimed by President Donald J. Trump.
Panchen Lama's disappearance reaches 30-year mark
By Globe Banner | May 19, 2025
This year marks the 30th anniversary of the disappearance of Panchen Lama Gedhun Choekyi Nyima.
US strengthens partnership with Caritas Fiji through equipment donation
By Globe Banner | May 19, 2025
The United States government has donated equipment to Caritas Fiji, reinforcing its partnership with the organization and its commitment to the people of Fiji.
UBS collaborates with Dior for exclusive couture exhibition in New York
By Globe Banner | May 19, 2025
UBS has announced the launch of "UBS House of Craft x Dior," an exhibition celebrating couture fashion.
Ronald Johnson confirmed by Senate as U.S. Ambassador to Mexico
By Globe Banner | May 19, 2025
Ronald Johnson has been confirmed by the Senate as the U.S. Ambassador to Mexico on April 9, 2025.