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News from 2025


IMF concludes Article IV consultation with Kiribati amid economic challenges

On July 9, 2025, the Executive Board of the International Monetary Fund (IMF) concluded its Article IV consultation with Kiribati.


US imposes sanctions on 22 entities tied to Iran's illicit oil trade

The United States has imposed sanctions on 22 entities linked to a network engaged in illicit oil trading for the Iranian regime.


UOB supports young athletes with $100K donation to Singapore Tennis Association

UOB has announced a S$100,000 sponsorship and donation to the Singapore Tennis Association (STA) to support young tennis talents.


U.S. Embassy in Namibia seeks tenders for sewage and stormwater services

The U.S. Embassy in Windhoek has announced an invitation to tender for sewage and stormwater clearing services at government-owned residences.


World Bank calls for improved service delivery in Sub-Saharan Africa

The World Bank's annual Country Policy and Institutional Assessment (CPIA) report for Sub-Saharan Africa, released on July 10, 2025, highlights the need for African governments to enhance essential service delivery to foster inclusive and...


World Bank empowers millions of women through global transport projects

Across fiscal years 2019-2024, the World Bank financed 159 transport projects, with 94% incorporating activities to address gender disparities in the sector.


Arch Insurance appoints new division presidents amid growth

Arch Insurance North America has announced the appointment of five executives to newly-created roles as Division Presidents, effective August 1, 2025.


U.S., Vietnam open new DNA lab marking 30 years of diplomatic ties

As the United States and Vietnam mark 30 years of diplomatic relations, a new DNA laboratory has been inaugurated in Hanoi. U.S. Ambassador to Vietnam Marc Knapper and Kelly McKeague, Director of the U.S. Defense POW/MIA Accounting Agency, joined...


Barclays enters multi-year strategic agreement with MSCI

Barclays and MSCI Inc. have entered into a multi-year strategic agreement to provide Barclays with access to MSCI's analytics and integrated risk modeling services.


Barclays appoints Joseph Lee as head of high touch sales trading in Asia Pacific

Barclays has announced the appointment of Joseph Lee as Head of High Touch Sales Trading for the Asia Pacific region.


NCUA initiates voluntary review of regulations affecting federally insured credit unions

The National Credit Union Administration (NCUA) has announced its plans to voluntarily review agency regulations.


Volkswagen Group unveils tech initiatives at IAA Mobility 2025

The Volkswagen Group is gearing up for a significant presence at the IAA Mobility 2025 in Munich this September.


Pakistan partners with Germany for clean energy infrastructure

Pakistan is advancing its efforts towards a sustainable energy future with the signing of a contract for a new substation in the Gharo wind corridor.


Ambassador Popp praises outgoing U.S. Exchange Alumni Council at handover ceremony

Good evening and thank you for joining us tonight for this very important milestone.


Binance founder: 'We hold our profits in crypto,' 'we believe that crypto longer term will rise higher'

Changpeng "CZ" Zhao, founder of Binance, said that the company remains committed to holding profits in cryptocurrency and is confident in the sector's long-term prospects despite price fluctuations.


Bank of America set to release Q2 financial results on July 16

Bank of America will announce its second quarter 2025 financial results on July 16.


US tariffs contribute to slowing global economic and insurance premium growth

Global economic growth is expected to slow in 2025, with US tariffs contributing to reduced trade and heightened uncertainty, according to the latest World Insurance sigma report from Swiss Re Institute.


Trump announces delegation to attend World Expo in Osaka

President Donald J. Trump has announced the formation of a Presidential Delegation to attend the World Expo in Osaka, Japan, on July 19, 2025.


U.S. Embassy Seoul announces funding for cultural programs celebrating America's 250th anniversary

The U.S. Embassy Seoul's Public Diplomacy Section has announced a funding opportunity titled "Discover U.S." This initiative is part of the celebrations for the 250th anniversary of the United States and aims to engage Korean youth through...


Swansea professor wins prize for book on US government's role in assassinations

In a significant academic achievement, Dr. Luca Trenta, an associate professor of International Relations at Swansea University, has been awarded the Richard E. Neustadt Book Prize for his work titled "The President’s Kill List: Assassination in...