Globe Banner Reports News
Cato Institute financial expert on Nigeria's detention of Binance employees: 'It’s likely many companies are becoming increasingly hesitant from doing business' in Nigeria
By Globe Banner | Apr 15, 2024
Nicholas Anthony, a policy analyst at the Cato Institute's Center for Monetary and Financial Alternatives, has expressed concern over the Nigerian government's approach towards the cryptocurrency industry. This includes the detention of two Binance employees, which Anthony believes could lead to an increasing hesitance among companies to conduct business in Nigeria. These comments were made in a commentary on the Cato Institute's website on April 11.
US condemns Iranian attack on Israel at UN Security Council meeting
By Globe Banner | Apr 14, 2024
The United States has strongly condemned Iran's recent attack on Israel, which involved over 300 munitions, including ballistic missiles and explosive unmanned aerial vehicles.
US calls for immediate withdrawal of Russian forces from Ukraine at UN meeting
By Globe Banner | Apr 12, 2024
Thank you, Madam President.
Plastics Dialogue plans new strategies with global support
By Globe Banner | Apr 12, 2024
Several coordinators of the Plastics Dialogue, including Barbados, Ecuador, and Morocco, emphasized the significance of the MC13 Ministerial Statement in advancing the Dialogue's development. They highlighted that the post-MC13 work plan aims to implement this statement and achieve further results by MC14. The coordinators also welcomed three new co-sponsors: Argentina, Mongolia, and North Macedonia.
WTO explores enhancements for information technology agreement amid rising global trade
By Globe Banner | Apr 11, 2024
China has introduced a new proposal, identified as G/IT/W/58, aimed at enhancing the functionality and relevance of the Information Technology Agreement (ITA). The proposal suggests hosting regular symposiums or workshops for industry representatives and stakeholders to share developments in the information and communication technology (ICT) sector. It also includes publishing annual statistics on ICT trade, improving information sharing on ITA implementation, and strengthening cooperation on non-tariff barriers.
WTO discusses boosting developing economies' role in global trading system
By Globe Banner | Apr 11, 2024
The World Trade Organization (WTO) Secretariat has released a report detailing the recovery of developing economies in merchandise and commercial services trade following the pandemic-related decline. Despite this recovery, challenges persist, such as reliance on commodity exports and elevated trade costs.
WTO launches e-learning series on digital trade for developing economies
By Globe Banner | Apr 11, 2024
The World Trade Organization (WTO) has launched a new e-Learning series titled "Trade in the Digital Era," aimed at providing developing economies with the knowledge needed to navigate digital trade. This initiative is part of the WTO's Institute for Training and Technical Cooperation's capacity-building programs, available through their e-Learning platform.
US criticizes Russia's veto on renewing UN panel mandate
By Globe Banner | Apr 11, 2024
The United States has expressed its concerns over Russia's use of the veto to block the renewal of the 1718 Committee’s Panel of Experts mandate, a move that has sparked debate at the United Nations General Assembly.
WTO launches Global Services Trade Data Hub with extensive datasets
By Globe Banner | Apr 11, 2024
The World Trade Organization (WTO) has launched a new Global Services Trade Data Hub, providing access to four distinct datasets. These datasets include information on digitally delivered services, trade in services by mode of supply, trade in commercial services, and the WTO-OECD Balanced Trade in Services dataset.
UN official condemns ongoing Russian aggression at Security Council briefing on Ukraine
By Globe Banner | Apr 11, 2024
Thank you, Madam President.
Citi announces addition of Fiducian Group to client portfolio
By Globe Banner | Apr 10, 2024
Citi has recently added Fiducian Group to its client portfolio, signifying the integration of a distinguished Australian-owned financial services organization. Fiducian, an Australian-owned specialist in financial services, oversees approximately AUD$13.1 billion in funds across management, administration, and advisory services.
WiPro Names New Chief Executive Officer for Americas 1 Strategic Market Unit
By Globe Banner | Apr 10, 2024
Malay Joshi has been appointed as the Chief Executive Officer for Americas 1 Strategic Market Unit at Wipro Limited. He assumes the position with immediate effect, succeeding Srini Pallia, who was recently appointed as CEO and Managing Director earlier this month.
UK contributes GBP 673k for sustainable development in least developed countries
By Globe Banner | Apr 10, 2024
The United Kingdom has made a financial contribution of GBP 673,000 to the Enhanced Integrated Framework (EIF) Interim Facility. This amount is part of the first installment of CHF 1 million pledged by the UK at the 13th Ministerial Conference in Abu Dhabi. The EIF Interim Facility is designed to bridge the gap between the end of Phase Two of the EIF and the establishment of a new multilateral support mechanism for Least Developed Countries (LDCs). Discussions on this future mechanism are ongoing at a World Trade Organization (WTO) taskforce.
WTO forecasts global trade rebound but warns of potential risks
By Globe Banner | Apr 10, 2024
In its recent "Global Trade Outlook and Statistics" report, the World Trade Organization (WTO) predicts a recovery in global trade for 2024. The report suggests that easing inflationary pressures will help boost real incomes, particularly in advanced economies, thereby increasing the consumption of manufactured goods. This positive trend is already visible with improved indices of new export orders at the start of the year.
US Embassy in Turkmenistan announces shuttle service pre-solicitation
By Globe Banner | Apr 9, 2024
The Embassy of the United States in Turkmenistan has announced a pre-solicitation notice for shuttle transportation services under PR12487982.
EU Elections: BusinessEurope Calls for Reboot to Enhance European Competitiveness
By Globe Banner | Apr 9, 2024
BusinessEurope has launched its campaign for policy changes for the next EU political cycle, under the motto ‘Reboot Europe’. Commenting on the necessary actions for Europe in the upcoming years, BusinessEurope President Fredrik Persson emphasized the importance of competitiveness, stating, "Faced with multiple geopolitical risks and economic uncertainty, the EU must put competitiveness at the forefront and use the next EU cycle to reboot its policies for today’s challenges."Persson highlighted the need for the EU to focus on improving its attractiveness as an investment...
US supports Colombia's peace efforts amid ongoing challenges
By Globe Banner | Apr 9, 2024
The United States expressed its support for Colombia's efforts to implement the 2016 Peace Accord during a UN Security Council briefing.
Binance Turkey marketing director: 'We support women in evaluating new opportunities in their journey towards financial freedom'
By Globe Banner | Apr 9, 2024
Harika Eldoğan, the Marketing Director of Binance Turkey, has stated that Binance is working diligently to "expand the crypto ecosystem in Turkey" and bolster women's education and development within the industry. This statement was made public in an April 5 post on Binance's website.
U.S. Mission announces federal benefits services visit to Ecuador
By Globe Banner | Apr 9, 2024
The U.S. Mission in Ecuador has announced that representatives from the Regional Federal Benefits Unit will be visiting Guayaquil and Quito to provide services related to U.S. Social Security and other federal benefits.