News from 2025
World Bank Group annual meetings focus on holistic economic growth and job creation
By Globe Banner | Oct 20, 2025
This year’s World Bank Group Annual Meetings focused on a new strategy aimed at supporting entire economic ecosystems rather than isolated projects.
NCUA proposes formal removal of reputation risk from supervisory program
By Globe Banner | Oct 20, 2025
The National Credit Union Administration (NCUA) has issued a notice of proposed rulemaking to formally remove the use of reputation risk from its supervisory program.
Howden Re leaders discuss adapting to changes in global reinsurance market
By Globe Banner | Oct 20, 2025
Sebastian Cook, Deputy CEO of Howden Re International, said that reinsurance rates have eased from their peak in 2023 but are still much higher than they were during the previous decade.
United States congratulates Rodrigo Paz on Bolivian presidential victory
By Globe Banner | Oct 19, 2025
The United States has extended its congratulations to Rodrigo Paz on his election as Bolivia’s president.
U.S. marks four years since detention of embassy staff by Houthis in Yemen
By Globe Banner | Oct 19, 2025
Today marks four years since the Iran-backed Houthi group detained Yemeni staff working at the U.S. Embassy in Sana’a. The incident, which occurred in 2021, has been a source of ongoing concern for U.S. officials and the families of those...
U.S. Embassy warns against visiting government facilities in Trinidad and Tobago amid heightened alert
By Globe Banner | Oct 18, 2025
The U.S. Embassy in Port of Spain, Trinidad and Tobago has issued a security alert advising individuals to avoid all U.S. government facilities in the country through the upcoming holiday weekend due to an increased state of alert.
World Bank reviews iTEKAD social finance initiative supporting Malaysian microentrepreneurs
By Globe Banner | Oct 18, 2025
The iTEKAD initiative, introduced by Bank Negara Malaysia (BNM) in May 2020, is a social finance program designed to assist low-income microentrepreneurs in Malaysia.
World Bank introduces flexible financing tools under IDA21 for development aid
By Globe Banner | Oct 18, 2025
As global challenges intensify, the International Development Association (IDA) is introducing new options for donor contributions under its IDA21 initiative.
Kazakhstan irrigation project adapts plans to protect nesting white storks
By Globe Banner | Oct 18, 2025
Every year, white storks return to their nests along the road between Mirzakent and Zhetisay in Kazakhstan, nesting atop old power line poles.
World Bank warns of looming slowdown despite strong growth forecast for South Asia
By Globe Banner | Oct 18, 2025
Growth in South Asia is expected to remain strong in 2025, with a projected rate of 6.6 percent, according to the World Bank’s latest South Asia Development Update.
Siemens partners with Airbus on decarbonizing U.S. and U.K. industrial sites
By Globe Banner | Oct 18, 2025
Siemens has entered into a partnership with Airbus to help decarbonize major industrial sites in the United States and the United Kingdom.
Children’s artwork highlights hopes for Port Talbot’s future under M4 murals
By Globe Banner | Oct 18, 2025
A series of new murals have been unveiled beneath the M4 in Port Talbot, created as part of The Steeltown Storybook: Children’s Chapter.
Samsung expands global partnership with Street League Skateboarding
By Globe Banner | Oct 18, 2025
Samsung Electronics and Street League Skateboarding (SLS) have announced an expanded partnership, building on their previous collaboration to form a global alliance.
ANZ CEO Nuno Matos outlines new strategy focused on growth and customer experience
By Globe Banner | Oct 18, 2025
On October 13, 2025, Nuno Matos, Chief Executive Officer of Australia and New Zealand Banking Group (ANZ), discussed the bank’s updated strategy and vision in an interview with Alicia Muling, Senior Writer at bluenotes.
IMF reaches staff-level agreement with Somalia on fourth credit facility review
By Globe Banner | Oct 18, 2025
An International Monetary Fund (IMF) team, led by Ran Bi, has concluded discussions with Somali authorities, headed by H.E Bihi Egeh, resulting in a staff-level agreement on the fourth review of Somalia’s Extended Credit Facility (ECF) arrangement.
UBS Group AG to redeem senior unsecured and tier 1 notes in November 2025
By Globe Banner | Oct 18, 2025
UBS Group AG has announced plans to redeem two of its outstanding note issuances in November 2025.
Morgan Stanley releases Q3 2025 agency MBS and housing market overview
By Globe Banner | Oct 18, 2025
The Mortgage & Securitized investment team at Morgan Stanley Investment Management has released an update on trends and developments in the Agency Mortgage-Backed Securities (MBS) and housing markets for the third quarter of 2025.
IMF concludes staff-level agreement on final PCI review during visit with Rwandan officials
By Globe Banner | Oct 18, 2025
From September 29 to October 10, 2025, an International Monetary Fund (IMF) mission led by Albert Touna Mama visited Rwanda to review the country’s progress under the sixth and final review of the Policy Coordination Instrument (PCI) and to...
German venture capital funding falls sharply in third quarter but shows resilience
By Globe Banner | Oct 18, 2025
German start-ups raised approximately EUR 1.3 billion in the third quarter of 2025, a decrease of 47 percent compared to the previous quarter.
Cambridge scientists develop solar-powered device for cleaner chemical production
By Globe Banner | Oct 18, 2025
Researchers from the University of Cambridge have developed a new method to produce chemicals using solar power, aiming to reduce the chemical industry's reliance on fossil fuels.