News on Globe Banner

News from 2025


World Bank calls for people-centered reforms amid rising poverty rates in Pakistan

The World Bank has released a new report titled “Reclaiming Momentum Towards Prosperity: Pakistan’s Poverty, Equity and Resilience Assessment,” offering a comprehensive look at poverty and welfare trends in Pakistan since the early 2000s.


World Bank launches $100 million program to boost inclusive digital access in Zambia

The World Bank Group has approved the Digital Zambia Acceleration Project (DZAP), a new initiative designed to expand internet access and promote the use of digital services in Zambia.


World Bank Group accelerates $4 billion support for Argentina's economic reforms

The World Bank Group has announced an acceleration of its support for Argentina, with plans to provide up to $4 billion in the coming months.


World Bank report notes decline in poverty but highlights job creation issues in Tajikistan

Tajikistan has made significant progress in reducing poverty over the past decade, according to a new report from the World Bank.


U.S. Embassy issues alert as tropical depression threatens central and northwest Bahamas

Tropical Depression Nine is forecast to strengthen and affect parts of the central and northwest Bahamas through Sunday night, according to an alert issued by the U.S. Embassy in Nassau on September 27, 2025.


World Bank report finds varied trends in global port performance from 2020 to 2024

Port performance worldwide experienced a decline from 2020 to 2024, according to the latest Container Port Performance Index (CPPI) report released by the World Bank Group and S&P Global Market Intelligence.


World Bank urges better resource management for higher living standards in Republic of Congo

The Congolese economy recorded a real GDP growth rate of 2.6% in 2024, resulting in a moderate rise in per capita income for the first time since 2016.


Agroforestry projects expand job creation and forest restoration in the Democratic Republic of Congo

The Improved Forested Landscape Management Project (IFLMP), launched in 2014 with funding from the Climate Investment Fund’s Forest Investment Program and additional support from the Global Environment Facility and the Central African Forest...


Congo urged to diversify economy as oil dependency poses long-term risks

Congo’s economy grew by 2.6% in 2024, marking the first rise in real income per capita since 2016, according to a new economic update.


U.S. releases 2025 investment climate statement on Mongolia

The U.S. Department of State has published the 2025 Mongolia Investment Climate Statement, offering an analysis of opportunities and challenges for American investors in Mongolia.


Central Singapore CDC partners with UOB for district-wide drive on financial literacy

Central Singapore Community Development Council (CS CDC) and United Overseas Bank (UOB) have launched a new partnership to promote financial literacy and resilience among residents.


President proclaims national hispanic heritage month for September 15–October 15

During National Hispanic Heritage Month, the President of the United States has issued a proclamation recognizing the contributions of Hispanic-American citizens.


BEA reports state economic growth data for Q2 2025 and updates on consumer spending

The U.S. Bureau of Economic Analysis (BEA) has released new quarterly statistics for the second quarter of 2025, covering gross domestic product (GDP) and personal income across all 50 states and the District of Columbia.


Study reveals context determines effectiveness of animal antipredator color strategies

Dr Iliana Medina from the University of Melbourne and Dr William Allen from Swansea University led a global experiment investigating how different colours help animals avoid predators.


United States concludes joint military exercise with Sierra Leone partners

The Joint Combined Exercise Training (JCET) involving Civil Affairs Team 126 from Fort Bragg, North Carolina, and members of Sierra Leone’s Forces Reconnaissance Unit (FRU) and State Protection Service (SPS) has concluded successfully.


Ambassador Julie Chung highlights U.S.-Sri Lanka commercial ties at AmCham annual meeting

Ambassador Julie Chung addressed members of the American Chamber of Commerce (AmCham) in Sri Lanka at their 2025 Annual General Meeting, reflecting on her tenure and the partnership between the United States and Sri Lanka.


U.S. Deputy Secretary meets South Korean foreign minister at UN General Assembly

Deputy Secretary of State Christopher Landau met with Republic of Korea Foreign Minister Cho Hyun during the United Nations General Assembly High-Level Week in New York City.


U.S. ambassador meets Algerian minister of justice to discuss legal cooperation

Ambassador Elizabeth Aubin held a meeting with Algeria’s Minister of Justice, Lotfi Boudjemaa, to discuss ongoing collaboration between the United States and Algeria in legal matters.


IMF reaches staff-level agreement with Honduras on review of credit arrangements

An International Monetary Fund (IMF) team, led by Emilio Fernandez Corugedo, concluded a visit to Tegucigalpa on September 26, 2025, after discussions with Honduran authorities regarding the country's economic performance and policy implementation.


IMF staff highlights Montenegro's economic challenges amid slowing growth

An International Monetary Fund (IMF) mission visited Podgorica, Montenegro from September 15 to 26, 2025, as part of the regular Article IV consultations.