News from 2025
Investing in disability-inclusive care systems could boost economies worldwide
By Globe Banner | Dec 6, 2025
When families do not have access to support for caring for persons with disabilities, economies lose out on significant growth.
U.S. Embassy marks completion of Yenga Hiti restoration in Kathmandu
By Globe Banner | Dec 6, 2025
The U.S. Embassy in Nepal, together with the World Monuments Fund and the Chiva Chaitya Organization, has announced the completion of restoration work on Yenga Hiti, a historic water system located in Lagan, Kathmandu.
World Bank Group partners with Global Fund to invest $2 billion in global health systems
By Globe Banner | Dec 6, 2025
The World Bank Group and the Global Fund to Fight AIDS, Tuberculosis and Malaria have entered into a new Memorandum of Understanding (MoU) aimed at strengthening health systems in developing countries.
Finke Desert Race highlights community spirit and economic impact
By Globe Banner | Dec 6, 2025
In the heart of Central Australia, the Finke Desert Race is an annual highlight, attracting thousands to Alice Springs.
Zimbabwe Economic Update projects strong rebound with focus on business regulation reform
By Globe Banner | Dec 6, 2025
Zimbabwe’s economy is forecast to grow by 6.6% in 2025, outpacing many countries in Sub-Saharan Africa, according to the latest Zimbabwe Economic Update (ZEU) published on December 2, 2025.
World Bank highlights strategies for job creation and inclusive growth in Latin America
By Globe Banner | Dec 6, 2025
The World Bank Group is highlighting the importance of job creation and economic growth in Latin America and the Caribbean, emphasizing partnerships with governments and the private sector to generate employment opportunities.
Standard Chartered supports $200 million bond for clean cookstove rollout in Ghana
By Globe Banner | Dec 5, 2025
Standard Chartered has announced the closing of a USD200 million outcome bond aimed at supporting clean cooking projects in Ghana.
World Bank approves $530 million loan for major phase of Bogotá Metro construction
By Globe Banner | Dec 5, 2025
The World Bank's Board of Executive Directors has approved a $530 million loan to support the main construction phase of Bogotá’s First Metro Line.
Standard Chartered settles UK securities litigation with no material impact
By Globe Banner | Dec 5, 2025
Standard Chartered has announced a settlement in the case ‘Mercy Investment Services, Inc. and others v. Standard Chartered plc’.
NCUA reports growth in assets and loans for federally insured credit unions in Q3
By Globe Banner | Dec 5, 2025
Total assets of federally insured credit unions increased by $86 billion, or 3.7 percent, over the year ending in the third quarter of 2025, reaching $2.40 trillion, according to data released by the National Credit Union Administration (NCUA).
U.S. Embassy launches American Resource Center to boost ties with Serbia
By Globe Banner | Dec 5, 2025
The U.S. Embassy in Serbia has launched the American Resource Center (ARC), its new flagship American Space in Belgrade.
American Institute in Taiwan seeks payroll service provider for new compensation plan
By Globe Banner | Dec 5, 2025
The American Institute in Taiwan (AIT) has announced a solicitation for firms to provide payroll deduction calculation and withholding services as part of its new Local Compensation Plan (LCP).
Meta's collaborative ads drive quick commerce surge among Indian retailers
By Globe Banner | Dec 5, 2025
Quick commerce is becoming a significant trend in India, now making up nearly two-thirds of all online grocery orders.
U.S.-based foreign multinationals employed over eight million workers in 2023
By Globe Banner | Dec 5, 2025
Majority-owned U.S. affiliates of foreign multinational enterprises employed 8.66 million workers in the United States in 2023, according to new statistics released by the U.S. Bureau of Economic Analysis (BEA).
Colombian authorities raise alert for Puracé volcano; U.S. Embassy issues safety advisory
By Globe Banner | Dec 5, 2025
On December 5, 2025, the Colombian Geologic Service raised the alert level for the Puracé volcano, located in Puracé National Natural Park in Cauca Department, to orange.
United States and Republic of Congo discuss closer mining sector partnership
By Globe Banner | Dec 5, 2025
Chargée d’Affaires Amanda Jacobsen met with Minister of Mines Pierre Oba to discuss ways to enhance cooperation between the United States and the Republic of Congo in the mining sector.
White House launches Genesis Mission to accelerate U.S. artificial intelligence innovation
By Globe Banner | Dec 5, 2025
The White House has issued an executive order establishing the "Genesis Mission," a new national initiative focused on accelerating artificial intelligence (AI)-driven scientific discovery.
Typhoon prompts warnings across central Vietnam provinces
By Globe Banner | Dec 5, 2025
Typhoon No. 15 is expected to bring significant rainfall to Vietnam’s South-Central Coast, particularly affecting the provinces of Dak Lak, Gia Lai, Lam Dong, and Khanh Hoa.
U.S. Embassy in Mexico City opens its largest facility abroad
By Globe Banner | Dec 5, 2025
The United States Embassy in Mexico City has begun what officials describe as the largest transition in U.S. diplomatic history, marked by a move to a new embassy facility.
Swiss Re sets $4.5 billion profit goal for 2026 with new buyback plan
By Globe Banner | Dec 5, 2025
Swiss Re has announced its financial and strategic targets for 2026, aiming for a Group net income of USD 4.5 billion.