News from 2025
World Bank report urges land reform to boost Timor-Leste's economic prospects
By Globe Banner | Oct 3, 2025
Timor-Leste’s economy expanded by 4.1 percent in 2024, marking its fastest growth rate in recent years.
U.S. Embassy warns Americans of protests across Pakistan October 3–7
By Globe Banner | Oct 3, 2025
The U.S. Embassy in Islamabad and the U.S. Consulates General in Lahore, Karachi, and Peshawar are observing planned protests across Pakistan from October 3 to October 7, 2025.
World Bank launches blockchain tool FundsChain for transparent project fund tracking
By Globe Banner | Oct 3, 2025
The World Bank Group has introduced a blockchain-based tool, FundsChain, to improve the tracking of funds in development projects.
World Bank vice president visits three West African countries for high-level meetings
By Globe Banner | Oct 3, 2025
Ousmane Diagana, World Bank Regional Vice President for Western and Central Africa, will visit Benin, Burkina Faso, and Niger from September 27 to October 3.
World Bank-backed project expands broadband access in rural Georgian mountains
By Globe Banner | Oct 3, 2025
In 2025, many residents in Georgia's mountainous Racha region still faced limited internet access.
World Bank launches $40M project to improve clean water access in Sierra Leone
By Globe Banner | Oct 3, 2025
The World Bank has approved a new initiative aimed at improving water security and sanitation in Sierra Leone.
World Bank reports moderate economic recovery in Central African Republic
By Globe Banner | Oct 3, 2025
After a period of weak economic growth, the Central African Republic is showing signs of moderate recovery, with growth estimated at 1.5% for 2024, according to a recent report from the World Bank.
World Bank approves $500 million for Indonesian electricity network modernization
By Globe Banner | Oct 3, 2025
The World Bank has approved a $500 million program to support Indonesia's efforts to modernize its electricity distribution system in Java, Madura, and Bali.
Research reveals barriers limiting Mozambican girls' educational dreams
By Globe Banner | Oct 3, 2025
A new research note titled "A Girl Can Dream: Analyzing Aspirations, Gender Norms, and Influencers Among Girls and Women in Mozambique" examines the ambitions and obstacles faced by adolescent girls and young women in Mozambique.
Federal Reserve lowers Morgan Stanley’s stress capital buffer after review
By Globe Banner | Oct 3, 2025
The Federal Reserve has announced a reduction in Morgan Stanley’s Stress Capital Buffer (SCB) from 5.1% to 4.3%.
Dominican Republic opens safeguard probe into biscuit imports
By Globe Banner | Oct 3, 2025
The Dominican Republic has started a safeguard investigation concerning imports of sweet and savoury biscuits.
Samsung adds Tate masterpieces to Art Store for expanded home viewing
By Globe Banner | Oct 3, 2025
Samsung Electronics has announced the addition of 15 new artworks from Tate to its Samsung Art Store, expanding its collection of modern and contemporary art.
Demographic shifts impact global economy amid evolving investor risk considerations
By Globe Banner | Oct 3, 2025
A demographic shift is taking place in the global economy, with millennials and Generation Z gaining economic influence through their preferences for technology, sustainability, and new consumption habits.
Instagram introduces reels-first interface in India amid global user milestone
By Globe Banner | Oct 3, 2025
Instagram has announced that it now has 3 billion monthly active users, marking a significant milestone for the platform.
Yuanta Securities hosts Family Day events focused on sustainability across three cities
By Globe Banner | Oct 3, 2025
Yuanta Securities recently organized its 2025 Employee Family Day events at three locations in Taiwan: the Kaohsiung National Science and Technology Museum, the Taichung National Museum of Natural Science, and the Taipei Children’s Amusement Park.
Climate-smart investments could help Thailand offset economic risks from climate change
By Globe Banner | Oct 3, 2025
Thailand could see its economy shrink by up to 14 percent by 2050 due to climate-related risks such as floods, heat stress, water shortages, and coastal erosion if it does not implement new adaptation measures, according to a new World Bank report.
Cambridge professor calls for major overhaul in how schools educate children
By Globe Banner | Oct 3, 2025
A new book by Professor Hilary Cremin, Head of the Faculty of Education at the University of Cambridge, argues that the current school system is failing students and teachers.
Siemens Mobility invests €22 million in Bavarian battery system plant for rail decarbonization
By Globe Banner | Oct 3, 2025
Siemens Mobility has announced plans to establish a new battery system production facility in Luhe-Wildenau, Bavaria.
UBS brings House of Craft x Dior exhibition to Singapore after New York launch
By Globe Banner | Oct 3, 2025
UBS is bringing its experiential exhibition, UBS House of Craft x Dior, to Singapore following its debut in New York earlier this year.
Samsung expands Smart Signage rollout at Toyota dealerships in new global markets
By Globe Banner | Oct 3, 2025
Samsung Electronics has announced an expansion of its partnership with Toyota Motor to bring Samsung’s Smart Signage solutions to more Toyota dealerships in new markets.