News from 2025
US urges streamlined agenda at COPUOS session amid financial challenges
By Globe Banner | Jul 1, 2025
The United States, represented by Lubna Khan, addressed the 68th session of the Committee on the Peaceful Uses of Outer Space (COPUOS) in Vienna, Austria.
Fubon Financial forum highlights top investment trends: focus on Europe, Japan; tech sectors gain traction
By Globe Banner | Jul 1, 2025
As the second half of 2025 begins, investment professionals are focusing on Europe and Japan as key markets for potential growth.
World Bank appoints Fily Sissoko as division director for Southern African nations
By Globe Banner | Jul 1, 2025
The World Bank Group has announced the appointment of Fily Sissoko as the new Division Director for Mozambique, Madagascar, Mauritius, Comoros, and Seychelles.
World Bank approves emergency response project for Djibouti
By Globe Banner | Jul 1, 2025
Washington, July 1, 2025 — The World Bank has sanctioned a Contingent Emergency Response Project (CERP) for Djibouti.
World Bank appoints Enrique Blanco Armas as country manager for Lebanon
By Globe Banner | Jul 1, 2025
The World Bank Group has appointed Enrique Blanco Armas as the new Country Manager for Lebanon.
Meta introduces messaging and highlighter features on Threads
By Globe Banner | Jul 1, 2025
Threads, a social app by Meta, is marking its second anniversary with new features aimed at enhancing user interaction and conversation.
U.S. officials engage with Pankisi Valley youth through educational initiatives
By Globe Banner | Jul 1, 2025
Representatives from the Bureau of International Narcotics and Law Enforcement Affairs (INL) and the U.S. Department of Justice (DOJ) visited the Pankisi Valley on June 27.
BlackRock completes acquisition of HPS Investment Partners
By Globe Banner | Jul 1, 2025
BlackRock, Inc. has finalized its acquisition of HPS Investment Partners, marking a significant development in the financial sector.
U.S. opposes Francesca Albanese’s mandate as UN special rapporteur
By Globe Banner | Jul 1, 2025
The United States has reiterated its concerns to UN Secretary-General António Guterres regarding Francesca Albanese, the "United Nations Special Rapporteur on the situation of human rights in the Palestinian territories occupied since 1967."
U.S. criticizes Responsibility to Protect at UNGA meeting
By Globe Banner | Jul 1, 2025
The United States has expressed its stance on the Responsibility to Protect (R2P) during a United Nations General Assembly plenary meeting.
UK universities collaborate on new solar tech for growing space industry
By Globe Banner | Jul 1, 2025
With the global space industry expanding rapidly, valued at £17.5 billion in the UK, there is a growing demand for efficient and scalable solar power solutions.
Barclays announces executive committee changes with new co-chief operating officers
By Globe Banner | Jul 1, 2025
Barclays has announced changes to its Group Executive Committee, effective immediately.
Macquarie Bank removes business account fees amid digital transformation
By Globe Banner | Jul 1, 2025
Macquarie Bank has announced a significant change for its business customers, who will now benefit from the removal of fees associated with account keeping and electronic transactions.
Ambassador Davis emphasizes US-Cyprus relations at Independence Day event
By Globe Banner | Jul 1, 2025
The U.S. Ambassador to Cyprus, Davis, addressed a gathering at the University of Cyprus Old Campus to mark America's Independence Day.
U.S shifts foreign aid strategy: State Department takes charge from USAID
By Globe Banner | Jul 1, 2025
The U.S. government has announced a significant shift in its approach to foreign aid, marking the end of the U.S. Agency for International Development's (USAID) role in implementing foreign assistance programs.
Standard Chartered responds to legal claims over alleged 1MDB fraud
By Globe Banner | Jul 1, 2025
Standard Chartered has responded to media reports concerning a legal case filed in the High Court of Singapore on June 30, 2025.
U.S. Mission announces Fulbright programs for Vietnamese scholars
By Globe Banner | Jul 1, 2025
The U.S. Mission to Vietnam has announced the 2026–2027 Fulbright Vietnamese Visiting Scholar Program and the Fulbright U.S.-ASEAN Visiting Scholar Program, coinciding with the 30th anniversary of U.S.-Vietnam relations.
U.S.-Kosovo relations highlighted at embassy's Fourth of July celebration
By Globe Banner | Jul 1, 2025
President Osmani, caretaker Prime Minister Kurti, members of the diplomatic corps, friends and colleagues gathered to celebrate the United States' 249th Independence Day.
IMF completes governance diagnostic mission in Kenya
By Globe Banner | Jul 1, 2025
The International Monetary Fund (IMF) has concluded a Governance Diagnostic mission in Kenya, led by Rebecca A. Sparkman.
Slovenia increases financial support for world's poorest nations through World Bank initiative
By Globe Banner | Jul 1, 2025
Slovenia has announced a significant increase in its contribution to the World Bank's International Development Association (IDA), boosting it by 30%.