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IMF completes reviews for Mauritania’s extended credit facilities

The International Monetary Fund (IMF) Executive Board has completed the fourth reviews of Mauritania's Extended Credit Facility (ECF) and Extended Fund Facility (EFF), as well as the third review under the Resilience and Sustainability Facility...


U.S trade deficit widens as exports decline sharply

The U.S. Census Bureau and the U.S. Bureau of Economic Analysis reported that the United States' goods and services deficit increased to $71.5 billion in May, a rise of $11.3 billion from April's revised figure of $60.3 billion.


HSBC sells its UK life insurance unit to Chesnara

HSBC Bank plc, a subsidiary of HSBC Holdings plc, has agreed to sell its UK life insurance entity, HSBC Life (UK) Limited, to Chesnara plc.


State Department issues travel advisory for Lebanon amid security concerns

The U.S. Department of State has issued a travel advisory for Lebanon, urging American citizens to avoid the country due to concerns over crime, terrorism, civil unrest, kidnapping, unexploded landmines, and potential armed conflict.


SDG Outcomes Fund reaches $100M with EU backing

UBS Optimus Foundation and Bridges Outcomes Partnerships have announced the successful final closing of the SDG Outcomes Fund at the 4th UN International Conference on Financing for Development in Sevilla.


Manulife and Bank DBS launch innovative life insurance solution

PT Asuransi Jiwa Manulife Indonesia, in collaboration with Bank DBS Indonesia, has introduced Manulife Protection Optimum Elite (Manulife PRIME), a new life insurance product.


U.S.-Niger celebrate independence day and 65 years of diplomatic ties

The U.S. Embassy in Niamey marked two significant milestones with a reception celebrating the 249th Independence Day of the United States and 65 years of diplomatic relations with Niger.


Volkswagen tops global innovation rankings according to CAM award

The Volkswagen Group has been recognized as the most innovative automotive group worldwide by the Center of Automotive Management (CAM) with the 2025 AutomotiveINNOVATIONS Award.


Morgan Stanley releases July 2025 edition of "The BEAT

Morgan Stanley Investment Management has released its latest edition of "The BEAT" for July 2025, providing insights into the current investment environment.


IMF completes second review of credit facilities with Madagascar

The International Monetary Fund (IMF) Executive Board has completed the second reviews under both the Extended Credit Facility (ECF) and the Resilience and Sustainability Facility (RSF) arrangements with Madagascar.


Binance founder on $10 million biotech donation: 'The best way to attract mission-driven talent is having conviction yourself'

Changpeng Zhao, also known as CZ, the founder of Binance, said that personal conviction attracts like-minded, mission-driven talent.


G7 foreign ministers issue joint statement on Middle East developments

The G7 Foreign Ministers, alongside the High Representative of the European Union, have issued a statement concerning recent developments in the Middle East.


Quad ministers meet in Washington D.C., announce new initiatives

The foreign ministers of the United States, Australia, India, and Japan convened in Washington, D.C. on July 1, 2025, for the 10th Quad Foreign Ministers’ Meeting.


Quad foreign ministers meet in Washington to discuss regional security

Secretary of State Marco Rubio hosted a meeting with the Quad Foreign Ministers in Washington.


U.S. enhances Uganda's peacekeeping with new training center

The United States has completed the construction and handover of a $3.7 million auditorium to the Uganda Peoples’ Defence Forces (UPDF).


ANZ launches confirmation of payee service to enhance payment security

ANZ has announced the launch of a new tool called Confirmation of Payee, aimed at enhancing payment security for its customers.


Arch Insurance appoints Jeff Kaufmann as head of new U.S. marine division

Arch Insurance North America has appointed Jeff Kaufmann as Executive Vice President and Head of Marine, effective July 7.


U.S. Embassy hosts earthquake preparedness webinar in Bolivia

The U.S. Embassy in La Paz, Bolivia, in collaboration with the Observatorio San Calixto, will host a webinar on earthquake preparedness.


U.S.-South Africa ties celebrated at Independence Day event

The U.S. Mission to South Africa hosted an Independence Day celebration on July 2, 2025, marking 249 years of American independence.


World Bank appoints Andrew Kircher as resident representative in Honduras

Andrew Kircher has been appointed as the World Bank Group Resident Representative for Honduras.