News published on Globe Banner in May 2025

News from May 2025


US cuts $50M aid for medicines due to theft issues in Zambia

The United States has announced a significant reduction in its annual aid to Zambia, cutting $50 million allocated for medications and medical supplies.


United States outlines priorities at COPUOS session in Vienna

The United States has articulated its position on the future role and method of work for the Committee on the Peaceful Uses of Outer Space (UNCOPUOS) during the 64th session in Vienna, Austria. U.S. Representative Katie King delivered a prepared...


IMF reviews Jamaica's economic progress amid global challenges

An International Monetary Fund (IMF) team led by Mauricio Villafuerte recently concluded a mission in Kingston, Jamaica, as part of the 2025 Article IV consultation.


US commemorates WWII Victory Day on its 80th anniversary

The United States marks the 80th anniversary of the Allied victory in Europe during World War II, with President Donald J. Trump issuing a proclamation to commemorate this significant event.


IMF reaches staff-level agreement with Barbados on fund facility reviews

The International Monetary Fund (IMF) has reached a staff-level agreement with Barbados concerning the fifth reviews under the Extended Fund Facility (EFF) and the Resilience and Sustainability Facility (RSF).



FCA issues warning about unauthorized crypto and financial services from CarlosFXTrade

The Financial Conduct Authority (FCA) has issued a warning regarding CARLOSFXTRADE, which is reportedly offering financial and cryptocurrency-related services without the necessary authorization.


UBS releases Q1 2025 financial report amid strategic shifts

UBS has released its first-quarter 2025 financial report and the UBS Group Pillar 3 Report as of March 31, 2025.


UN Tourism Secretary-General candidate: 'We can make tourism inclusive, climate-aligned and fit for our new global era'

Shaikha Al Nowais, a candidate for United Nations tourism secretary-general, has said that global tourism should be restructured to prioritize equity, climate goals, and broader benefits.


Bank of America announces quarterly financial reporting dates for fiscal year ending in December

Bank of America has released its schedule for the 2026 quarterly financial results.


Legal services sought in Suva with proposals due by May 19

For more details, interested vendors are encouraged to download and read the information package.


Study links engagement with artistic beauty to enhanced cognitive processing

Researchers at Cambridge University have found that engaging with artistic beauty can lead to enhanced cognitive processing and abstract thinking.


U.S. Mission issues security alert amid India-Pakistan military activity

The U.S. Mission to Pakistan has issued a security alert following reports of military strikes by India into Pakistan.


West Africa faces challenges despite strides made towards improving childcare services

Childcare is increasingly recognized as a vital component in shaping the future of nations by fostering human capital, enhancing parental productivity, and driving economic growth.


US Embassy seeks firms for taxi service agreements

The Embassy of the United States of America is seeking to establish a contract for taxi services.


United States maintains position against defining outer space at COPUOS LSC

The United States, represented by Caitlin Poling, presented its stance on the definition and delimitation of outer space at the 64th Session of the Committee on the Peaceful Uses of Outer Space Legal Subcommittee (COPUOS LSC) in Vienna, Austria.


U.S. presents draft resolution celebrating Declaration's semiquincentennial

The United States has introduced a draft resolution titled “Celebration of the Semiquincentennial of the Declaration of Independence of the United States of America” for consideration.


U.S. Mission issues alert after reported Indian military strikes in Pakistan

The U.S. Mission to Pakistan has issued a security alert following reports of military strikes by India into Pakistan.


United States addresses geostationary orbit usage at COPUOS LSC session

The United States, represented by Katie King, has presented its views on the utilization of the geostationary orbit at the 64th session of the Committee on the Peaceful Uses of Outer Space Legal Subcommittee (COPUOS LSC) in Vienna, Austria.


New method identifies potential solutions for antibiotic-resistant bacteria

Scientists at the Ineos Oxford Institute (IOI) have developed a new screening method to address the growing issue of antimicrobial resistance in bacteria.