News from 2023
Okonjo-Iweala: 'I warmly welcome Peru's formal acceptance of the WTO Agreement on Fisheries Subsidies'
By Globe Banner Report | Jul 23, 2023
Peru formally accepted the World Trade Organization’s Agreement on Fisheries Subsidies on July 19.
DTEX president: 'We are looking forward to working with the Trailblazer community to grow the unique and multidisciplinary workforce skills'
By Globe Banner Report | Jul 23, 2023
DTEX Systems, based in California, has partnered with the Defence Trailblazer program to contribute to Australia’s quest to improve its defenses against insider threats, according to a press release. The company is one of 35 industry partners to join the $240 million program.
Okonjo-Iweala: 'It is imperative that we establish the conditions and provide the support necessary for African countries to overcome the challenges'
By Globe Banner Report | Jul 22, 2023
World Trade Organization Director-General Ngozi Okonjo-Iweala recently spoke at the launch of a joint WTO-World Bank policy called "Turning digital trade into a catalyst for African development." According to a July 21 release by the World Trade Organization (WTO), her remarks were focused on the potential of digital trade being a catalyst for inclusive economic growth and sustainable development.
JetBlue on its unique business model: 'By all measures, it succeeded'
By Globe Banner Report | Jul 22, 2023
JetBlue recently issued a statement detailing the success of its Northeast Alliance (NEA) with American Airlines, following the court’s ruling against the initiative.
Okonjo-Iweala: 'I am grateful to Gabon for its formal acceptance of the WTO Agreement on Fisheries Subsidies'
By Globe Banner Report | Jul 21, 2023
On July 12, 2023, Gabon officially accepted the Agreement on Fisheries Subsidies, becoming the third African country to do so. Ambassador Mireille Sarah Nzenze presented Gabon's instrument of acceptance to Director-General Ngozi Okonjo-Iweala, according to a press release by the World Trade Organization (WTO).
Biot 'excited' for new role as new vice president for Schneider Electric division
By Globe Banner Report | Jul 21, 2023
Schneider Electric, a French company based in Massachussetts, has promoted Xavier Biot to the role of vice president, power distribution and digital energy in Canada. The role became effective July 1.
PayIt's Thomson on appointment of new VP: 'We are deeply committed to continued expansion in Canada'
By Globe Banner Report | Jul 20, 2023
Payit has named Jon Telch vice president of its Canada operations.
Former CFTC chair on stablecoins: 'The U.S. could become a standards taker rather than a standards maker'
By Globe Banner Report | Jul 20, 2023
Timothy Massad, director of the Digital Assets Policy Project at the Harvard Kennedy School and a former chairman of the Commodity Futures Trading Commission (CFTC), wrote in an opinion piece that the U.S. needs to prioritize stablecoin regulation, or it risks falling behind and being forced to follow legal frameworks implemented by other countries. Massad argued that the potential risks associated with increased use of stablecoins can be mitigated by regulating them.
AIT Worldwide Logistics expands to Dubai, the 'crossroads for global trade'
By Globe Banner Report | Jul 20, 2023
AIT Worldwide Logistics has expanded its operations to the Middle East with a new office in the United Arab Emirates’ Dubai. The company’s global network currently is made up of 110 offices around the world.
Binance's head of Law Enforcement Training: 'Our mission is to maintain the highest level of security for our users and the broader cryptocurrency community'
By Andy Nghiem | Jul 19, 2023
Jarek Jakubcek, the head of Law Enforcement Training at Binance, the largest cryptocurrency exchange in the world by volume, said in a July blog post that his team is dedicated to protecting Binance users as well as all consumers in the crypto industry. The crypto exchange's Investigations team works to proactively protect users from crimes like phishing scams and investment fraud.
U.S. Embassy Asmara hosts certificate ceremony for Eritrean exchange program participants
By Globe Banner | Jul 19, 2023
On July 13, the U.S. Embassy in Asmara held a certificate ceremony for nine Eritreans who took part in different in-person and virtual exchange programs.
OAS addresses concerns over electoral process integrity in Guatemala
By Globe Banner | Jul 19, 2023
The Organization of American States (OAS) Permanent Council convened to discuss the current political situation in Guatemala.
Mars Inc. 'excited' to acquire Kevin's Natural Foods
By Globe Banner Report | Jul 19, 2023
Mars Inc. recently agreed to a deal to acquire Kevin’s Natural Foods. The terms of the agreement were not disclosed.
U.S. Embassy Asmara hosts first Independence Day event since 2019
By Globe Banner | Jul 19, 2023
The U.S. Embassy in Asmara celebrated American Independence Day on June 7, marking the first such event since 2019.
WTO's Okonjo-Iweala: 'I am delighted to welcome China's formal acceptance of the Agreement on Fisheries Subsidies'
By Globe Banner Report | Jul 18, 2023
The World Trade Organization (WTO) recently announced that China has formally accepted the Agreement on Fisheries Subsidies.
Okonjo-Iweala: 'I am delighted to welcome China's formal acceptance of the Agreement on Fisheries Subsidies'
By Globe Banner Report | Jul 18, 2023
On June 27, 2023, China formally accepted the Agreement on Fisheries Subsidies which signifies China's commitment to addressing harmful subsidies and promoting sustainable fishing practices on a global scale. Director-General Ngozi Okonjo-Iweala welcomed China's formal acceptance of the Agreement.
Okonjo-Iweala: 'Projects like those proposed for this championship can make a difference'
By Globe Banner Report | Jul 18, 2023
On MSME Day, celebrated on June 27, 2023, the Informal Working Group on Micro, Small and Medium-sized Enterprises (MSMEs) announced three small business champions. Director-General Ngozi Okonjo-Iweala recognized the significant potential of the projects presented during the championship, emphasizing their capacity to make a substantial difference.
Bush: 'Teleperformance has worked diligently to establish a great worldwide workplace culture'
By Globe Banner Report | Jul 18, 2023
Teleperformance, the French company with additional US-based headquarters, has been honored with Great Place to Work (GPTW) certifications in 72 countries, eight of which were announced in 2022.
Okonjo-Iweala: 'The trade disruptions caused by the shocks of the past three years have pushed economic security to the forefront'
By Globe Banner Report | Jul 16, 2023
The World Trade Organization Trade Monitoring Report on G20 trade measures was issued July 4.
Shear: 'The entry into Switzerland and development agreement in Mexico are the first steps in our international expansion'
By Globe Banner Report | Jul 15, 2023
Firehouse Subs has established its first restaurant in Switzerland and confirmed plans to launch its operations in Mexico next year. The expansion will allow Firehouse subs to use growth strategies developed by its parent company, Restaurant Brands International Inc.