News published on Globe Banner in May 2025

News from May 2025


U.S., Japan, South Korea meet to strengthen trilateral cooperation

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

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

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

Siemens and TURN2X have entered into a partnership to enhance green energy production.


NCUA charters African Diaspora Federal Credit Union in St. Louis

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

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

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

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

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

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

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

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.


Ambassador Carlson launches 'U.S. Poultry Adobo Collection' cookbook in Manila

U.S. Ambassador to the Philippines MaryKay Carlson recently hosted the launch of a new cookbook, “U.S. Poultry Adobo Collection,” authored by Chef Nancy Reyes-Lumen, known as the "AdoboQueen."


New video series explores volcanic hazard management lessons from Iceland

The educational video series "Isle of Fire | Lessons in Volcanic Hazard Management from Heimaey to Grindavik" has brought together leading volcano experts and Icelandic communities.


IMF's Bo Li concludes Mozambique visit discussing economic cooperation

Mr. Bo Li, Deputy Managing Director of the International Monetary Fund (IMF), concluded his visit to Mozambique on May 17, 2025.


Plastics dialogue focuses on transparency and standards amid global reduction efforts

Barbados and Morocco recently delivered opening remarks for the Dialogue on Plastics Pollution (DPP), highlighting the successful midterm review of the DPP's work in 2025.


Transport connectivity identified as key factor in African food security challenges

Despite advancements in food production over the last thirty years, more than half of Africa's population still faces food insecurity.


American Corner opens at Community College of Qatar

The U.S. Embassy in Doha and the Community College of Qatar (CCQ) have inaugurated the American Corner at CCQ, marking a notable development in the U.S.-Qatar relationship.


Oxford researchers document medical practices among Ugandan chimpanzees

Researchers from Oxford University, in collaboration with a local team in Uganda, have observed chimpanzees in Budongo Forest engaging in both self-directed and prosocial wound care.


Trump administration unveils new strategy for boosting US-Africa trade relations

Ambassador Troy Fitrell, the Senior Bureau Official for the Bureau of African Affairs, delivered remarks in Abidjan, Côte d’Ivoire, announcing a new strategy to enhance U.S.-Africa business partnerships.