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News from 2023


EU Urged to Recognize Economic Migration's Role in Addressing Labor and Skills Needs

BusinessEurope Director General Markus J. Beyrer has emphasized the importance of economic migration in addressing Europe's labor and skills needs. Beyrer stated, “It is high time that the EU acknowledges the role of economic migration in helping to address Europe’s labour and skills needs.”Beyrer also highlighted the potential impact of the proposed Talent Pool, saying, “The proposed Talent Pool can be a game changer in making Europe a more attractive destination for the needed skilled workers from third countries around the world. Helping to match skilled third-country...


OAS addresses political tensions in Guatemala with new resolution

The Organization of American States (OAS) has adopted a resolution concerning the situation in Guatemala, following recent political developments that have raised significant concerns.


World Trade Organization announces €2 million contribution from Spain for WTO Fisheries Funding Mechanism

The World Trade Organization (WTO) announced Spain has pledged a donation of EUR 2 million to the WTO Fisheries Funding Mechanism, aiding developing and least-developed countries in implementing the Agreement on Fisheries Subsidies. The contribution was presented to WTO Director-General Ngozi Okonjo-Iweala by Secretary of State for Trade Xiana Méndez, according to a press release by WTO.


Leading crypto exchange holds investigation seminar with Taiwan High Prosecutors Office

Binance, the largest cryptocurrency exchange in the world, announced that it has expanded its partnership with the Taiwan High Prosecutors Office and recently held a training session on best practices for deterring and combating digital asset-related crimes. During the event, Binance team members presented the latest trends in digital assets to more than 50 law enforcement officials and discussed techniques for tackling crimes.


U.S. Embassy announces new grants for cultural preservation projects

The U.S. Embassy in Amman, in collaboration with the Cultural Heritage Center of the Bureau of Educational and Cultural Affairs (ECA) at the U.S. Department of State, has announced the commencement of the 2024 U.S. Ambassadors Fund for Cultural...


Cultural Property Agreement Implementation Grant opens for applications

The U.S. Embassy in Amman, in collaboration with the Cultural Heritage Center within the Bureau of Educational and Cultural Affairs (ECA) of the U.S. Department of State, has announced the opening of the 2024 grants cycle for the Cultural Property...


Spain contributes €2 million to WTO Fisheries Funding Mechanism

The World Trade Organization (WTO) announced Spain has pledged a donation of EUR 2 million to the WTO Fisheries Funding Mechanism, aiding developing and least-developed countries in implementing the Agreement on Fisheries Subsidies. The contribution was presented to WTO Director-General Ngozi Okonjo-Iweala by Secretary of State for Trade Xiana Méndez, according to a press release by WTO.


The global Glucagon-like Peptide 1 (GLP-1) market set to reach $18.75 billion by 2023

Ireland Research And Markets released a report detailing the growth of the Glucagon-like Peptide 1, or GLP-1, market which is predicted to grow at a CAGR of 6.48% during the projected period of 2022-2027.


The collagen market predicted to grow by $2.86 billion by 2027

Technavio released a report detailing the immense growth of the collagen market, expanding at a CAGR of 7.75% from 2022 to 2027.


The starch derivatives market is expected to reach $68.4 billion by 2028

Markets and Markets released a report detailing the rapid growth of the global starch derivatives market, which is at $57.9 billion as of 2023 and is projected to reach $68.4 billion by 2028, expanding at a CAGR of 3.4%.


The hepatitis B virus (HBV) vaccine market to reach $2.47 billion by 2023

Ireland Research And Markets released a report detailing the rapid growth of the hepatitis B virus vaccine market, which is expected to grow at a Compound Annual Growth Rate of 5.33% during the analysis period.


UAW members vote on GM's labor deal at Michigan Flint Plant

Thomson Reuters remarks that the United Auto Workers (UAW) have recently cut it close to voting against the labor deal proposed by General Motors (GM) to end the workers' strike.


Exxon plans to start lithium production in Arkansas

Thomson Reuters reports that Exxon Mobil has recently announced a plan to begin electric vehicle battery metal, or lithium, production in Arkansas in 2026.


IMF approves proposal to boost quotas

The International Monetary Fund (IMF) announced that the Executive Board is recommending to the Board of Governors a 50 percent quota increase, distributed among members based on their existing quotas. This proposed quota increase is aimed at fortifying global financial stability and augmenting the IMF's enduring resources, according to a press release by the IMF.


IMF approves proposal to boost quotas

The International Monetary Fund (IMF) announced that the Executive Board is recommending to the Board of Governors a 50 percent quota increase, distributed among members based on their existing quotas. This proposed quota increase is aimed at fortifying global financial stability and augmenting the IMF's enduring resources, according to a press release by the IMF.


IMF approves proposal to boost quotas

The International Monetary Fund (IMF) announced that the Executive Board is recommending to the Board of Governors a 50 percent quota increase, distributed among members based on their existing quotas. This proposed quota increase is aimed at fortifying global financial stability and augmenting the IMF's enduring resources, according to a press release by the IMF.


IMF and Ukrainian Authorities reach agreement on EFF arrangement review

The International Monetary Fund (IMF) announced that it has achieved a staff-level agreement (SLA) with Ukraiinian authorities on a revised set of economic and financial policies for the second review of the 4-year Extended Fund Facility (EFF) Arrangement. The SLA is now pending approval by the IMF Executive Board, marking a crucial step in Ukraine's economic program, according to a press release by IMF.


Vancouver-based tech companies are reshaping vendor sourcing

Olive, a tech evaluation program, and Procurify, a spend management software, are partnering to offer a new solution for streamlining vendor sourcing, selection, and procurement processes for businesses worldwide. Through the partnership, the companies aim to simplify the vendor selection process for IT managers.


Ahbap founder: Binance's donation for earthquake recovery shows how 'crypto can be harnessed for good'

Haluk Levent, founder of the Turkish nonprofit Ahbap, said Binance's donation will help support his organization's efforts to rebuild homes that were destroyed by the recent earthquake and also demonstrates how cryptocurrency and blockchain can support humanitarian efforts. Binance, the largest crypto exchange in the world, recently announced a crypto donation of $100,000 to help Ahbap construct earthquake-resistant steel homes in Turkey.


Binance TR receives certifications for information security governance, privacy management

Binance TR, the leading crypto asset service provider in Turkey, has been awarded the ISO 27001 and ISO 27701 certifications. The certifications are for information security governance and privacy information management, echoing regulatory milestones that Binance achieved in France, Bahrain, and the United Arab Emirates earlier this year.