News from May 2025
World Bank director Anna Bjerde visits Bhutan to strengthen partnerships
By Globe Banner | May 17, 2025
Anna Bjerde, the World Bank's Managing Director of Operations, is visiting Bhutan for the first time.
UAE unveils largest non-US AI campus with support from former President Trump
By Globe Banner | May 17, 2025
A significant development in artificial intelligence was marked today with the unveiling of a new 5GW UAE-US AI Campus in Abu Dhabi.
CNMV issues warnings on unregistered financial and crypto entities
By Globe Banner | May 17, 2025
The National Securities Market Commission (CNMV) has released a list of warnings concerning unregistered financial and cryptocurrency service entities reported by international supervisory authorities.
FCA announces warning about unauthorized services by Pro-Investment
By Globe Banner | May 17, 2025
The Financial Conduct Authority (FCA) has issued a warning regarding Pro-Investment, a firm operating in the United Kingdom without proper authorization.
BaFin announces new warning on unauthorized financial services offered by Revolvo
By Globe Banner | May 17, 2025
The German Federal Financial Supervisory Authority (BaFin) has issued a new warning regarding Revolvo, a platform accused of offering financial, investment, and crypto asset services without the necessary authorization.
U.S. representative criticizes ICC at UN briefing; calls for justice reforms in Libya
By Globe Banner | May 16, 2025
John Kelley, the Acting U.S. Alternate Representative, addressed the UN Security Council in New York on May 15, 2025.
Researchers develop new global river network to enhance flood prediction
By Globe Banner | May 16, 2025
Rivers play a crucial role in supporting life but also pose increasing risks as climate change progresses.
World Bank supports Tonga's fiscal sustainability with $12 million grant
By Globe Banner | May 16, 2025
Tongans are set to benefit from a new phase of World Bank support designed to bolster public finances, enhance energy efficiency, and improve disaster preparedness.
U.S.-Bolivia partnership advances restoration efforts at historic Tiwanaku site
By Globe Banner | May 16, 2025
The Tiwanaku archaeological complex in Bolivia is undergoing significant restoration efforts with support from the United States.
U.S. consulate in Amsterdam resumes limited citizen services from June
By Globe Banner | May 16, 2025
The U.S. Consulate General in Amsterdam has announced the resumption of limited routine services for U.S. citizens starting in June.
U.S. Embassy issues weather alert for Dominican Republic amid heavy rainfall
By Globe Banner | May 16, 2025
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
By Globe Banner | May 16, 2025
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
By Globe Banner | May 16, 2025
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
By Globe Banner | May 16, 2025
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
By Globe Banner | May 16, 2025
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
By Globe Banner | May 16, 2025
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
By Globe Banner | May 16, 2025
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
By Globe Banner | May 16, 2025
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
By Globe Banner | May 16, 2025
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
By Globe Banner | May 16, 2025
Since the early days of America, Jewish citizens have been integral to the nation's development.