News from October 2023
Providing real relief for SMEs – BusinessEurope’s SME Roadshow in Rome
By Globe Banner | Oct 4, 2023
On Oct 4, 2023, BusinessEurope, in partnership with its Italian member federation Confindustria, hosted the second of its SME Roadshow events in Rome. The event featured keynote speeches from Roberta Metsola, European Parliament President, and Thierry Breton, EU Commissioner for Internal Market, focusing on SMEs’ path to the twin green and digital transitions in the context of the European Commission’s recently announced SME Relief Package.Fabrice Le Saché, Chair of BusinessEurope’s Entrepreneurship & SME Committee, emphasized the importance of the Commission's proposals...
Visa program addresses global friendly fraud losses for small businesses
By Globe Banner | Oct 4, 2023
Visa has announced enhancements to its dispute program aimed at helping small businesses combat first-party misuse, also known as friendly fraud, in card-not-present transactions. These changes to Visa's Dispute Rules and Processes will provide small businesses globally with additional resources to tackle fraud, potentially resulting in savings of more than $1 billion over the next five years, according to a press release.
Thai law enforcement official: 'Binance remains an essential ally in our combat against scams and cybercrimes'
By Globe Banner | Oct 3, 2023
Police Lieutenant Colonel Thanatus Kangruambutr, Inspector of the Cyber Support Unit in the High-Tech Crime Division at Thailand's Cyber Crime Investigation Bureau, recently thanked Binance for its assistance in dismantling a group of criminal scammers who preyed on thousands of victims. This operation was the second recent instance in which Binance, the largest cryptocurrency exchange in the world, assisted Thai law enforcement in disrupting organized criminal networks.
U.S. Consulate offers services in Vilcabamba and Loja this October
By Globe Banner | Oct 3, 2023
The U.S. Consulate General in Guayaquil has announced that its representatives will be available to provide notarial services and accept passport applications in Vilcabamba on October 25, 2023, and in Loja on October 26, 2023.
U.S.-Ecuador collaboration enhances healthcare facilities at Shushufindi Hospital
By Globe Banner | Oct 3, 2023
The U.S. Government has invested $1.6 million in the renovation of Shushufindi Hospital, located in Sucumbíos, Ecuador.
DG Okonjo-Iweala urges WTO members to prioritize development goals at MC13
By Globe Banner | Oct 2, 2023
During the 6th South-South Dialogue on Least-Developed Countries (LDCs) and Development, Director-General Ngozi Okonjo-Iweala emphasized the potential of the upcoming 13th Ministerial Conference (MC13) to advance trade outcomes in alignment with LDCs' development goals. Nearly 80 representatives from LDCs and their collaborators participated in the gathering to deliberate on trade and development priorities in preparation for MC13 according to a press release.
Nonprofit law firm asks Court to dismiss SEC lawsuit against Binance
By Globe Banner | Oct 2, 2023
Investor Choice Advocates Network (ICAN), a nonprofit public interest litigation organization, filed an amicus brief with the U.S. District Court of Washington, D.C., asking the Court to dismiss the U.S. Securities and Exchange Commission's (SEC) lawsuit against Binance, the largest crypto exchange in the world. ICAN cited the SEC's attempt to extend its jurisdiction outside of the U.S. and its "ambiguous" application of securities laws as reasons the lawsuit against the crypto giant should be dismissed.
OAS honors late Senator Dianne Feinstein with moment of silence
By Globe Banner | Oct 2, 2023
The Organization of American States (OAS) Permanent Council observed a moment of silence to honor the memory of Senator Dianne Feinstein.