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News from 2023


The online auction market explodes, reaching nearly $7.5 billion this year

Research And Markets released a report detailing the immense growth of the online auction market, showing off an astounding compound Annual Growth Rate (CAGR) of 11.50% during the forecast period of 2022-2027. According to Cision’s PR Newswire, the report predicts that the global online auction market will reach a value of $7.42 billion by 2023.


Macao, China accepts Agreement on Fisheries Subsidies

The World Trade Organization (WTO) announced that China has accepted the Agreement on Fisheries Subsidies. China submitted its instrument of acceptance to WTO Director-General Ngozi Okonjo-Iweala. The Permanent Representative of Macao, China, Ms. Lúcia Abrantes Dos Santos, made the presentation.


State Department issues worldwide caution due to increased global tensions

Due to rising tensions globally, the U.S. Department of State has issued a worldwide caution for U.S. citizens traveling or residing overseas.


Department of State advises increased caution for U.S. citizens abroad

Due to rising tensions in various global locations, the Department of State has issued a warning for U.S. citizens abroad to exercise increased caution.


U.S. sanctions target Milorad Dodik’s family over alleged corruption activities

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has sanctioned two individuals and four entities linked to Milorad Dodik, President of Republika Srpska (RS), citing his involvement in corruption within Bosnia and...


U.S. issues worldwide caution for citizens amid rising global tensions

Due to rising tensions in several global regions, the U.S. Department of State has issued a security alert advising American citizens abroad to remain vigilant.


Binance Academy, Blockchain Center partnership aims to educate more than one million students by 2026

Binance Academy, the Web3 learning hub of the largest crypto exchange in the world, has partnered with the Blockchain Center, an independent non-profit research lab, with the aim of educating over one million students in blockchain engineering and compliance by 2026. This partnership is an expansion of the Global University Outreach Program.


Ferrari to accept payments in crypto following customer requests

Ferrari has announced that it will now accept cryptocurrency as a form of payment for its cars in the United States, following requests from its customers. The Italian luxury sports car manufacturer also plans to introduce this payment option to its European markets.


Innovative tech is disrupting the hospitality industry - for the better

Technology is revolutionizing the hospitality industry, offering innovative solutions to increase efficiency, reduce costs, and stay ahead of the competition. According to a recent report from Faster Capital, utilizing new technologies is crucial for restaurants to adapt to changing environments and maintain a competitive edge.


U.S. Embassy alerts public about demonstrations in Vilnius

A demonstration in support of the Palestinian people is scheduled to take place in Vilnius, Lithuania, on Thursday, October 19.


Projected to grow $469.97 million from 2022 to 2027, the doxorubicin market flourishes

Technavio, a leading global market research report company, has released a market report detailing the significant growth projected for the doxorubicin market in the coming years. According to the report, the market is expected to grow by $469.97 million from 2022 to 2027, with a compound annual growth rate (CAGR) of 6.07% during the forecast period.


Potato chips, a worldwide favorite, grow at 3% CAGR, reaching $33.3 billion in 2022

Research And Markets released a report detailing the growth in the global potato chips market, beginning at $33.3 billion in 2022, and estimated to reach $40 billion by 2028. According to PRNewswire, the global potato chips market has reached a substantial size of $33.3 billion in 2022, and it is projected to exhibit a steady compound annual growth rate (CAGR) of 3% during the period 2023-2028, ultimately reaching $40.0 billion by 2028.


Israeli prime minister spokesman: HAMAS is holding foreign nationals as hostages in Gaza

The Israeli prime minister’s office says Hamas is holding foreign nationals hostage inside Gaza, along with 200 Israeli citizens abducted during the terrorist group's Oct. 7 attack.


DHS announces new parole process for Ecuadorian family reunification

The Department of Homeland Security (DHS) has introduced a new family reunification parole process for certain Ecuadorian nationals.


Israel freezes Hamas-linked Barclays account

Israeli law enforcement has partnered with British police to freeze a Barclays bank account that was linked to fundraising efforts for the terrorist group Hamas. The Israeli police took action on October 11 after Hamas shared account details in an effort to solicit more donations, according to Reuters.


U.S. Embassy invites applications for SUSI program for secondary educators

The U.S. Embassy in Lithuania is now accepting applications for the 2024 Summer Study of the U.S. Institutes (SUSI) program, specifically targeting secondary school educators.


Pomerantz LLP investigates the Boeing Company, stock prices falls 4.93%

Pomerantz LLP, a law firm dedicated to representing the rights of defrauded investors, has launched an investigation into the Boeing Company and its supplier, Spirit Aerosystems Holdings, Inc. The investigation aims to determine whether there have been any fraudulent activities or other unlawful business practices committed by the company and its officers and/or directors.


Projected to reach $43.6 billion by 2030, the global market for Friction Products and Materials excels

Research And Markets, a market and industry research report corporation, released a new report outlining the dramatic growth of the global friction products and materials market, which is expected to reach an astounding $43.6 billion by 2030. According to PRNewswire, the global market for friction products and materials is currently valued at $28.4 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 5.5% during the analysis period from 2022 to 2030.


Bomb threats prompt alert from U.S. Embassy in Lithuania

Lithuanian authorities have reported a series of bomb threats targeting institutions across the country, with schools being primarily affected.


The World Bank's 2023 Annual Meetings

The World Bank announced the key points from its Annual Meetings in 2023, where they introduced a fresh development vision and playbook. During these meetings, the Bank also demonstrated the substantial advancements made since initiating its transformation process a year ago according to a press release by the World Bank.