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World Bank forecasts Vietnam's economy to grow by 6.1% in 2024

Viet Nam’s economic growth is expected to accelerate in 2024, driven by a rebound in manufactured exports, tourism, and recovering consumption and business investment, according to a new report by the World Bank.


Vietnam leads global effort with innovative carbon program

For Nguyen Tham, Bach Ma National Park in Hue Province is his life. It holds his childhood memories, sustains his family, and is where he works as a forest guardian.


NCUA announces retirement of Cherie Freed after over three decades of service

The National Credit Union Administration (NCUA) has announced the retirement of Cherie Freed, regional director of the NCUA’s Western Region, effective August 24, 2024.


Ireland donates EUR 200,000 to support global food safety through STDF

Ireland has contributed EUR 200,000 to the Standards and Trade Development Facility (STDF) to bolster global food safety and trade initiatives. This contribution brings Ireland's total donations to over EUR 2.9 million since 2007.


Employment and financial metrics of US multinational enterprises show growth in FY2022

Worldwide employment by U.S. multinational enterprises (MNEs) increased 2.2 percent to 44.3 million workers in 2022 from 43.3 million workers in 2021, according to statistics released today by the U.S. Bureau of Economic Analysis (BEA).


US Embassy seeks bids for CCTV installation in Ashgabat warehouse

The United States Embassy in Turkmenistan has announced an invitation for companies to submit quotations for the installation of a warehouse CCTV system, referenced as PR12761969.


WTO opens applications for course on services aspects of e-commerce

Applications are now open for a World Trade Organization (WTO) course focusing on the services aspects of e-commerce. The course aims to familiarize participants with the connections between e-commerce, services trade, and the disciplines outlined in the WTO's General Agreement on Trade in Services. It will place particular emphasis on specific service sectors and include discussions on the moratorium on e-commerce and other related topics within the WTO framework.


Report highlights challenges faced by refugees and host communities in Kenya

Nairobi, August 21, 2024 – Kenya has made significant progress in developing a policy framework aimed at refugee and host community self-reliance, but challenges remain in accessing services and improving welfare. This is according to a new report titled "Building Evidence to Enhance the Welfare of Refugees and Host Communities in Kenya," which underscores the urgency of addressing immediate, mid-term, and long-term needs of both groups.


Comoros becomes World Trade Organization’s newest member

The 30-day countdown to Comoros's WTO membership was activated when Ambassador Sultan Chouzour handed Comoros's instrument of acceptance of the Protocol of Accession to WTO Director-General Ngozi Okonjo-Iweala at a meeting of the General Council on July 22, 2024.


World Bank raises $6.5 Billion in record-breaking sustainable development bond issuance

The World Bank has raised USD 6.5 billion through a dual-tranche Sustainable Development Bond transaction, marking its largest order book to date. The transaction included a USD 3 billion 2-year bond maturing in August 2026 and a USD 3.5 billion 10-year bond maturing in August 2034.


World bank mobilizes €2.5 billion for sustainable development from globally diversified investors

The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) has priced a EUR 2.5 billion 7-year euro-denominated benchmark bond maturing in August 2031. The transaction attracted over 75 orders totaling almost EUR 4 billion from European and global investors seeking safe and liquid investment opportunities with a positive impact on sustainable development.


World Bank issues $225M Amazon reforestation-linked outcome bond

The World Bank (International Bank for Reconstruction and Development, IBRD) has issued the Amazon Reforestation-Linked Outcome Bond, a USD 225 million bond aimed at supporting reforestation activities in the Amazon. Priced on August 13, 2024, and due July 31, 2033, this nine-year bond links investors’ financial returns to measurable development outcomes.


World Bank to advise Bulgaria on roads infrastructure development

The Bulgarian Road Infrastructure Agency (BRIA) will receive strategic advice from the World Bank over the next 30 months through a Reimbursable Advisory Services Agreement. The agreement was signed today by Yordan Valchev, Chairman of BRIA’s Management Board, and Lasse Melgaard, World Bank Resident Representative for Bulgaria, Czechia, and Slovakia.


CDC issues travel health notice for Clade I Mpox in Congo region

The U.S. Centers for Disease Control and Prevention (CDC) has issued a Level 2 Travel Health Notice concerning Clade I Mpox in the Democratic Republic of the Congo and neighboring countries.


CAIA Association partners with Toigo Foundation to provide training to Toigo fellows

The Chartered Alternative Investment Analyst (CAIA) Association has launched a strategic partnership with the Toigo Foundation, a nonprofit dedicated to fostering diversity in finance and access to talent. The collaboration will provide training to Toigo fellows.


Preqin webinar spotlights APAC deal making and fundraising trends

Fundraising and deal-making in the Asia-Pacific (APAC) region continue to decline in 2024 as investors remain hesitant. However, a recent webinar hosted by Preqin highlighted three favorable trends.


WTO announces last chance to register for 2024 Public Forum

The 2024 Public Forum, themed “Re-globalization: Better Trade for a Better World,” will be held in person at the WTO headquarters in Geneva. The event requires all participants to complete an online registration form.


IDB joins forces with World Bank & CAF for security policies

Guayaquil, August 19, 2024. The Inter-American Development Bank (IDB), the World Bank, and CAF—development bank of Latin America and the Caribbean—have agreed to collaborate more closely to generate knowledge and support public policies related to transnational organized crime in Latin America and the Caribbean.


World Bank approves $10 million wastewater project in Sint Maarten

Washington, D.C., August 19, 2024 - The Government of Sint Maarten, the National Recovery Program Bureau, and the World Bank have signed a $10 million agreement aimed at improving water quality and quantity in Sint Maarten. An additional $15 million will be financed by the Government of Sint Maarten through a co-financing loan from the Government of the Netherlands.


Binance announces investment in decentralized AI platform Sahara AI

Binance announced its investment in Sahara AI, a decentralized blockchain platform, to promote an open and equitable AI economy. Sahara AI aims to ensure AI security, equity, and accessibility by prioritizing sovereignty and provenance in its collaborative approach.