News from October 2025
Rickrose Risk CEO on Florida insurance models: 'Smart carriers reward risk reduction'
By Globe Banner | Oct 31, 2025
Andrew Engler, CEO of RockRose Risk, said that insurers in Florida are rewarding property hardening with lower premiums and faster underwriting to sustain coverage in higher-risk areas.
World Bank-backed project expands access to education for disabled children in Burkina Faso
By Globe Banner | Oct 31, 2025
Burkina Faso has been working to improve access to education for children with disabilities, a group that faces significant barriers in the country.
David Flandro discusses reinsurance opportunities as market conditions shift
By Globe Banner | Oct 31, 2025
As the reinsurance market transitions from a hard to a softer phase, David Flandro, Head of Industry Analysis and Strategic Advisory at Howden Re, discussed potential opportunities for value creation during an interview with The Reinsurance...
NCUA issues prohibition order against former Affinity Plus Federal Credit Union employee
By Globe Banner | Oct 31, 2025
The National Credit Union Administration (NCUA) announced on October 31, 2025, that it issued a consent-based prohibition order against Shwe Siedschlag, a former employee of Affinity Plus Federal Credit Union in Saint Paul, Minnesota.
Amazon mobilizes global relief supporting Jamaica and Caribbean communities in Hurricane Melissa’s path
By R. L. Casas | Oct 31, 2025
Amazon has announced the launch of disaster relief efforts for Jamaica and Caribbean communities affected by Hurricane Melissa.
Amazon updates global water stewardship with new conservation initiatives
By N. A. Wiley | Oct 31, 2025
Amazon has announced updates to its global water conservation efforts, including new projects in Indiana, expanded recycled-water use in data centers, and initiatives aimed at reducing its overall water footprint and addressing scarcity.
ANZ flags over one billion dollars in charges ahead of second half results
By Globe Banner | Oct 31, 2025
ANZ has reported that its statutory and cash profit for the second half of 2025 will be affected by several significant items, resulting in a net after-tax charge of $1,109 million.
Oxford Economics analysis shows Amazon fulfillment investments improved U.S. economy
By K. D. Payne | Oct 31, 2025
Amazon has released a new study conducted by Oxford Economics, which indicates that the company's investments in fulfillment centers across 55 U.S. counties have been associated with increased employment, wages, and business growth.
World Bank Group pledges assistance after Hurricane Melissa hits Jamaica
By Globe Banner | Oct 31, 2025
The World Bank Group has issued a statement expressing concern for Jamaica following the destruction caused by Hurricane Melissa.
Survey finds most young UK renters experience 'housemate horrors', driving desire for home ownership
By Globe Banner | Oct 31, 2025
A recent survey commissioned by Barclays has found that nearly nine out of ten young renters in the UK have experienced difficulties with their housemates, ranging from dirty dishes left in shared spaces to loud music at night.
U.S. Consular Agency Santa Cruz closed November 3 for All Saints’ Day
By Globe Banner | Oct 31, 2025
The U.S. Consular Agency in Santa Cruz will not be open on Monday, November 3, due to the Bolivian government's observance of All Saints’ Day as a holiday.
Bank of America pledges $250 million over five years for hunger relief nationwide
By Globe Banner | Oct 31, 2025
Bank of America has announced a $250 million commitment over the next five years to support families and individuals facing food insecurity and other basic needs across the United States.
Secretary Rubio meets Bolivian president-elect Paz Pereira to discuss bilateral relations
By Globe Banner | Oct 31, 2025
Secretary of State Marco Rubio held a meeting with Bolivia’s President-Elect Rodrigo Paz Pereira to emphasize the United States’ ongoing commitment to strengthening its partnership with Bolivia.
Johnson & Johnson seeks FDA expansion for STELARA use in young children with ulcerative colitis
By Globe Banner | Oct 31, 2025
Johnson & Johnson has submitted a supplemental Biologics License Application (sBLA) to the U.S. Food and Drug Administration (FDA) to seek expanded approval of STELARA (ustekinumab) for treating children aged two years and older with moderately to...
World Bank grants $100 million for SME growth and finance in Chad
By Globe Banner | Oct 31, 2025
The World Bank has approved a $100 million grant through the International Development Association (IDA) to support micro, small, and medium enterprises (MSMEs) in Chad.
Lithuania imposes temporary border restrictions with Belarus; U.S. Embassy issues guidance
By Globe Banner | Oct 31, 2025
Travelers face new restrictions at Lithuania-Belarus border On October 29, 2025, the Lithuanian government introduced new travel restrictions at its land border with Belarus.
Oxford spinout OrganOx acquired following major growth in organ preservation technology
By Globe Banner | Oct 31, 2025
OrganOx, a company founded in December 2008 by engineering Professor Constantin Coussios and transplant surgeon Professor Peter Friend at the University of Oxford’s Institute of Biomedical Engineering and the Nuffield Department of Surgical...
University of Cambridge researchers advance global initiatives linking education with climate justice
By Globe Banner | Oct 31, 2025
Academics and education specialists at the University of Cambridge are collaborating to link classrooms, communities, and policymakers in efforts to explore how education can support justice, sustainability, and wellbeing.
Saudi Arabia introduces mandatory registration for some prescription drugs for travelers
By Globe Banner | Oct 31, 2025
Starting November 1, 2025, travelers to and from Saudi Arabia will need to register certain prescription medications before entering or leaving the country.
IMF reviews Uruguay's economic outlook following Article IV consultation
By Globe Banner | Oct 30, 2025
The Executive Board of the International Monetary Fund (IMF) has concluded its 2025 Article IV Consultation with Uruguay, following discussions on the country’s recent economic performance and policy outlook.