News published on Globe Banner in May 2025

News from May 2025


U.S.-Taiwan economic ties strengthened amid shifting global dynamics

Raymond Greene, Director of the American Institute in Taiwan (AIT), addressed the Greater Dallas Taiwanese Chamber of Commerce (GDTCC) on May 15, 2025.


U.S. issues alert for citizens ahead of Mexico's hurricane season

Mexico's hurricane season runs from May through November, with most storms forming between July and October on both the Atlantic and Pacific coasts.


Bank of America enhances rewards for new credit cardholders

Bank of America has announced enhanced cash back rewards for new cardholders of its Customized Cash Rewards and Unlimited Cash Rewards credit cards.


U.S. Navy enhances Sierra Leone security through Obangame Express 2025

The U.S. Government has reinforced its commitment to maritime security and regional cooperation by sponsoring Obangame Express 2025, a multinational maritime exercise in West and Central Africa.


USS Blue Ridge makes historic first-time port call in Wellington

The USS Blue Ridge, the flagship of the U.S. 7th Fleet, has arrived in Wellington, New Zealand for a port visit on May 16, 2025.


Georgian Ministry of Foreign Affairs endorses Al Nowais for top UN Tourism post after incumbent drops from race

The Georgian Ministry of Foreign Affairs endorsed Shaikha Nasser Al Nowais of the United Arab Emirates to be Secretary-General of UN Tourism after incumbent Secretary-General Zurab Pololikashvili withdrew from the race, reported withdrawn from the race for a third term, reported Travel Tomorrow.


U.S. donates medical equipment worth millions to aid Uganda's fight against diseases

The United States has reinforced its commitment to health security in Uganda by donating 48 digital mobile X-ray machines, thermal scanners, and personal protective equipment (PPE).


U.S. Embassy Bishkek seeks translation services for training sessions

The U.S. Embassy in Bishkek has announced a solicitation for local companies to provide consecutive translation services for multiple training sessions within the Chui oblast.


World Bank Group launches childcare survey in Klang Valley & Selangor

The World Bank Group's Inclusive Growth and Sustainable Finance Hub in Malaysia is undertaking a comprehensive childcare survey.


Standard Chartered targets growth with new initiatives in corporate banking

Standard Chartered is set to host an Investor Seminar focusing on its Corporate & Investment Banking (CIB) division.


Michael Pignatello assumes role at American Institute in Taiwan

Michael Pignatello has taken on the role of Political Section Chief at the American Institute in Taiwan (AIT) in Taipei.


U.S. Embassy warns of possible disruptions due to marches in Bolivia

Marches and demonstrations are scheduled to take place in La Paz and El Alto starting Friday, March 16, 2025.


Alibaba Group releases financial results for March quarter and fiscal year 2025

Alibaba Group has announced its financial results for the March quarter and the full fiscal year 2025.



Public asset managers discuss challenges at World Bank RAMP Executive Forum

Central bank reserve managers and public asset managers from pension funds, sovereign wealth funds, and international financial institutions gathered in Washington, DC for the World Bank’s Reserve Advisory & Management Partnership (RAMP) 21st...


Allianz reports record profit; confirms progress towards annual goals

Allianz, a global insurance and asset management company, has announced a record operating profit and confirmed it is on track to meet its full-year financial outlook.


IMF highlights urgent economic measures needed for Iraq amid global challenges

An International Monetary Fund (IMF) mission, led by Jean-Guillaume Poulain, recently concluded its visit to Iraq for the 2025 Article IV consultation.


U.S. sanctions Chinese entities over support for Iran's missile program

The United States has announced sanctions against entities and individuals primarily located in China and Hong Kong for their involvement in supporting Iran's ballistic missile program.


US-Laos partnership advances with new customs HQ groundbreaking

The Ministry of Finance and the Lao Customs Department, alongside the United States Department of State’s Bureau of International Narcotics and Law Enforcement Affairs (INL) and the United Nations Office for Project Services (UNOPS), have...


U.S. transfers $1M nuclear detection gear to strengthen Sri Lankan maritime security

The U.S. Embassy in Sri Lanka has transferred advanced radiation and chemical detection equipment valued at $1 million to the Sri Lanka Navy.