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IMF concludes Article IV consultation with Austria amid challenging economic conditions

The International Monetary Fund (IMF) Executive Board has concluded its Article IV consultation with Austria.


DEG launches new photovoltaic system at Cologne site

DEG has recently activated a new photovoltaic system at its Cologne headquarters, replacing an older setup from 2008.


Rwanda receives $9M grant for ecosystem restoration

Communities in Rwanda's Southern Province will benefit from restored ecosystems and improved agricultural productivity through a $9 million grant from the Global Environment Facility.


Macquarie Group funds Philippine initiatives for social entrepreneurship and youth leadership

Macquarie Group Foundation has announced a grant partnership with Ayala Foundation, committing PHP 19 million to support social entrepreneurship and youth leadership in El Nido, Palawan, Philippines.


U.S. Embassy in Panama marks 249th Independence Day with celebration

Panama, July 3, 2025 – The U.S. Embassy in Panama City celebrated the 249th anniversary of American independence with an event at Club Union.


Albania advances public service reform with World Bank support

The government of Albania is making strides in institutional reform to improve public services and boost human and economic development.


U.S.-Ghana relations celebrated during Independence Day event

Chargé d’Affaires Rolf Olson addressed attendees at the 4th of July Independence Day celebration, marking the United States' 249th birthday.


U.S. Embassy celebrates Independence Day with Maltese leaders

On July 1, the U.S. Embassy in Malta marked the 249th anniversary of American independence with a celebration attended by prominent figures, including Chargé d’Affaires Ken Toko and Her Excellency Myriam Spiteri Debono, President of Malta.


World Bank approves $1 billion policy operation for Ethiopian economic reforms

The World Bank's Board of Executive Directors has approved a $1 billion Development Policy Operation (DPO) to aid Ethiopia in its transition toward a more inclusive and private sector-led growth model.


UOB strengthens ties with strategic MOUs at ASEAN conference

UOB has entered into five Memorandums of Understanding (MOUs) with government agencies and industry players in ASEAN and Greater China.


Howden Re launches podcast on global MGA market trends

Howden Re has announced the launch of a new podcast titled "The Howden Re View," available on Spotify.


U.S. Embassy warns of potential demonstrations during Ashura commemoration

The U.S. Embassy in Abuja has issued a notice to American citizens regarding expected processions and gatherings in Abuja and other Nigerian cities during the Ashura commemoration this weekend.


Howden Re launches new podcast on Spotify discussing global MGA landscapes

Howden Re has launched a new podcast titled "The Howden Re View" on Spotify.


IMF approves fourth review of Extended Fund Facility for Sri Lanka

The International Monetary Fund (IMF) Executive Board has completed the fourth review under the Extended Fund Facility (EFF) arrangement with Sri Lanka.



OCBC introduces smart text resizing for senior users

By the end of July 2025, OCBC will introduce a smart text resizing feature in its app for users in English and Mandarin.


WTO report shows rise in tariffs and search for solutions

The World Trade Organization (WTO) has released its mid-year update to the Secretariat's annual Trade Monitoring Report, which highlights significant changes in global trade and related policies from mid-October 2024 to mid-May 2025.


Local authorities drive development amid crises in Sri Lanka

Sri Lanka has been grappling with numerous challenges in recent years, including economic setbacks and increased poverty.


Allianz Group reports financial performance highlights for fiscal year ending December 31, 2024

The Allianz Group, a prominent name in the insurance and asset management sectors, operates globally with approximately 128 million private and corporate customers across nearly 70 countries.


Nordea announces date for half-year results presentation

Nordea is set to release its half-year results for 2025 on Thursday, July 17.