News from May 2025
Scientists identify earth's crust as potential source of clean hydrogen
By Globe Banner | May 19, 2025
In a bid to address the growing demand for hydrogen, scientists from the University of Oxford, Durham University, and the University of Toronto have unveiled research highlighting Earth's continental crust as a potential source of natural,...
U.S. offers $10M reward for info on Hizballah financial networks
By Globe Banner | May 19, 2025
The U.S. Department of State's Rewards for Justice (RFJ) program is offering up to $10 million for information that could disrupt the financial networks of Hizballah in the Tri-Border Area (TBA) of Argentina, Brazil, and Paraguay.
U.S. Coast Guard Cutter visits Palawan to strengthen ties with Philippine counterparts
By Globe Banner | May 19, 2025
The U.S. Coast Guard Cutter Stratton made a port visit to Puerto Princesa City, Palawan, from May 16 to 19.
Trump secures historic economic commitment with Qatar
By Globe Banner | May 19, 2025
President Donald J. Trump has secured a significant economic commitment with Qatar, marking an agreement valued at $1.2 trillion.
Siemens acquires Excellicon to enhance EDA capabilities
By Globe Banner | May 19, 2025
Siemens has announced an agreement to acquire Excellicon, a company known for its software that aids in the development, verification, and management of timing constraints.
Adm. Alvin Holsey visits Brazil for defense talks
By Globe Banner | May 19, 2025
U.S. Navy Admiral Alvin Holsey, Commander of the U.S. Southern Command (SOUTHCOM), is set to visit Brazil this week for a series of key leader engagements in Brasília.
Immigrant visa applicants urged to check CEAC account before interviews
By Globe Banner | May 19, 2025
Since 2020, the process for most immigrant visa cases has shifted to being conducted almost entirely online before the interview.
Georgia joins global effort on fisheries subsidies
By Globe Banner | May 19, 2025
Georgia has officially ratified the Agreement on Fisheries Subsidies, a move that aligns with its commitment to international trade regulations and sustainable marine resource management.
U.S., Japan, South Korea meet to strengthen trilateral cooperation
By Globe Banner | May 19, 2025
The Trilateral Coordinating Secretariat Managing Board convened on May 19 in Washington, led by U.S. Deputy Assistant Secretary Kevin Kim, Japanese Deputy Director-General for Asian and Oceanian Affairs Okochi Akihiro, and ROK Deputy...
World Bank aids Pacific Islands' healthcare improvement amid regional challenges
By Globe Banner | May 19, 2025
Between 2020 and 2024, the World Bank has facilitated health system improvements in Kiribati, Samoa, and Tuvalu, impacting around 340,000 people.
Central African Republic launches new data portal under IMF's e-GDDS initiative
By Globe Banner | May 19, 2025
The Central African Republic has launched the National Summary Data Page (NSDP), marking its implementation of the IMF's Enhanced General Data Dissemination System (e-GDDS).
Siemens partners with TURN2X to boost green energy production
By Globe Banner | May 19, 2025
Siemens and TURN2X have entered into a partnership to enhance green energy production.
NCUA charters African Diaspora Federal Credit Union in St. Louis
By Globe Banner | May 19, 2025
The National Credit Union Administration (NCUA) has issued a federal charter and provided National Credit Union Share Insurance Fund coverage to the African Diaspora Federal Credit Union located in St. Louis, Missouri.
US Embassy seeks venue quotes for July 4th event in Santo Domingo
By Globe Banner | May 19, 2025
The Embassy of the United States of America in Santo Domingo is looking for vendors to provide quotes for a venue for the 4th of July celebration in 2025.
Alfred Kammer discusses Europe's path forward amid global uncertainties
By Globe Banner | May 19, 2025
Thank you, Karel, for the introduction and CEPS for hosting this event.
Islamic finance assets projected to reach $7.5 trillion by 2028 says Standard Chartered
By Globe Banner | May 19, 2025
Standard Chartered has released a report titled “Islamic Banking for Financial Institutions: Unlocking Growth Amidst Global Shifts,” forecasting that global Islamic finance assets will rise to USD 7.5 trillion by 2028.
IMF highlights Estonia's economic recovery amid structural challenges
By Globe Banner | May 19, 2025
May 19, 2025 The International Monetary Fund (IMF) has concluded its Article IV mission to Estonia, highlighting the country's gradual recovery from a prolonged economic downturn.
U.S. calls for global action against organized crime at UN session
By Globe Banner | May 19, 2025
Vienna, Austria—The United States delivered a statement during the 34th Session of the Commission on Crime Prevention and Criminal Justice (CCPCJ) on May 19, 2025.
Trump reports positive talks with Putin on Russia-Ukraine ceasefire
By Globe Banner | May 19, 2025
President Donald J. Trump announced that he has concluded a two-hour call with Russian President Vladimir Putin.
World Bank relaunches partnership program for global asset management enhancement
By Globe Banner | May 19, 2025
The World Bank has approved the relaunch of its Reserve Advisory and Management Partnership (RAMP), a move aimed at bolstering global public asset management frameworks.