News published on Globe Banner in May 2025

News from May 2025


U.S. Embassy issues weather alert for Dominican Republic amid heavy rainfall

The U.S. Embassy in Santo Domingo has issued a weather alert for the Dominican Republic, following a red alert from the Emergency Operations Center (COE) due to heavy rainfall.


U.S. Embassy Helsinki seeks bids for gardening and snow removal services

The U.S. Embassy in Helsinki, Finland is seeking quotations for gardening and snow removal services.


Syria's debt to World Bank cleared by Saudi Arabia and Qatar

Effective May 12, 2025, Syria's outstanding debt of approximately $15.5 million to the International Development Association (IDA) has been cleared.


IMF reaches staff-level agreement on credit facility review for Somalia

The International Monetary Fund (IMF) has reached a staff-level agreement with Somali authorities regarding the third review of the Extended Credit Facility (ECF) arrangement.


US issues updated travel advisory for specific regions in Peru

The United States has reissued its travel advisory for Peru, urging travelers to exercise increased caution due to crime, civil unrest, and the risk of kidnapping.


IMF reaches staff-level agreement with Niger on economic program reviews

An International Monetary Fund (IMF) staff team, led by Antonio David, conducted meetings from May 5 to May 16, 2025, concerning Niger's economic programs.


Volkswagen shareholders approve dividend for 2024 and elect new board member

At the recent Annual General Meeting of Volkswagen AG, shareholders endorsed the proposals put forth by the Board of Management and Supervisory Board.


Brazilian students excel at global science fair with five awards

Brazilian students have achieved significant recognition at the Regeneron International Science and Engineering Fair (ISEF) 2025, which took place from May 10 to 16 in Columbus, Ohio.


Report highlights challenges for Croatian women's workforce participation

Over the past decade, the labor market situation for Croatian women has improved significantly, nearing European Union (EU) averages.


Trump proclaims May 2025 as Jewish American Heritage Month

Since the early days of America, Jewish citizens have been integral to the nation's development.


U.S. Embassy announces consular outreach events in Eastern Highlands province

The U.S. Embassy in Port Moresby has announced two upcoming consular outreach events in the Eastern Highlands province.


World Bank approves $275M package for Pernambuco's fiscal improvement

The World Bank has approved a financing package to aid the State of Pernambuco in Brazil.


World Bank highlights urgent need for increased funding against global food crises

The World Bank Senior Managing Director, Axel van Trotsenburg, delivered remarks at the launch of the Global Report on Food Crises 2025.


Carl Kingston named Country Head for ANZ operations in India

ANZ has announced the appointment of Carl Kingston as the Country Head for ANZ India. Mr. Kingston, who joined ANZ in 2006, has played a key role in developing the bank's Financial Institutions Group (FIG) business in both London and Sydney,...


IMF completes mission discussing Zambia's economic policies

An International Monetary Fund (IMF) mission team, led by Vera Martin, concluded a visit to Lusaka, Zambia.


GlobalWafers America opens new facility in Sherman amid US-Taiwan collaboration

AIT Director Raymond Greene delivered remarks at the grand opening ceremony of GlobalWafers America's new facility in Sherman, Texas.


Standard Chartered appoints Jennifer Lassiter as head of digital assets

Standard Chartered has announced the appointment of Jennifer Lassiter as Head of Digital Assets for Europe and the Americas.


Croatia addresses youth unemployment with new policy recommendations

Croatia is facing significant challenges in its labor market, characterized by a shortage of workers and inadequate skills among the existing workforce.


Swiss Re reports Q1 net income rise amid challenges

Swiss Re has announced a net income of USD 1.3 billion for the first quarter of 2025, with a return on equity (ROE) of 22.4%.


U.S. Embassy in Slovenia seeks diplomatic mail service provider

The U.S. Embassy in Ljubljana, Slovenia, has announced a requirement for Diplomatic Post Office (DPO) mail and diplomatic pouch pick-up and delivery services.