News published on Globe Banner in March 2024

No improvement in the EU’s investment environment in 2023

By Globe Banner | Mar 20, 2024

BusinessEurope has just published our 2024 Reform Barometer, which looks at Europe’s global competitiveness performance and evaluates policy decisions.BusinessEurope President Fredrik Persson expressed, "Our key finding is that 88% of our national member federations believe that, having declined significantly between 2020 and 2023, there was no improvement in the attractiveness of the EU's investment environment vis-à-vis our major competitors over the last 12 months. Moreover, over half of our member federations (54%) believe that the regulatory burden for companies...

Asian economies urged to prioritize green initiatives for global competitiveness

By Globe Banner | Mar 19, 2024

In a changing global economic landscape, experts are emphasizing the importance of Asian economies prioritizing green initiatives to maintain their competitive edge. A recent article highlighted the necessity for countries like Bangladesh and Cambodia to adapt to new cross-border environmental regulations or face potential repercussions in global trade.According to the article, one of the speakers noted, "Increasingly, new cross-border environmental regulations like the EU’s carbon tax will leave countries such as Bangladesh and Cambodia little choice but to play catch up...

U.S. addresses concerns over Sudan conflict at UN Security Council meeting

By Globe Banner | Mar 19, 2024

Thank you, Madam President.

Ambassador highlights gender equity at Delta Days event

By Globe Banner | Mar 19, 2024

During the 20th Delta Days at the United Nations, U.S. Ambassador Linda Thomas-Greenfield addressed attendees, emphasizing the importance of racial and gender equity.

WTO announces Russia's acceptance of Fisheries Subsidies Agreement

By Globe Banner | Mar 18, 2024

The World Trade Organization (WTO) has declared that the Russian Federation has officially accepted the Agreement on Fisheries Subsidies. The instrument of acceptance from Russia was presented by Ambassador Nikolai Platonov to Director-General Ngozi Okonjo-Iweala, increasing the total number of WTO members who have accepted the agreement to 72.

Anil Goel joins Nielsen as chief engineering officer

By Globe Banner | Mar 18, 2024

Anil Goel has been appointed to lead the technology and engineering teams at Nielsen, with a particular focus on the adoption of automation and artificial intelligence. Operating from Bengaluru, India, Goel will report directly to Karthik Rao, the company's chief executive.

Porcelain from Dehua brings people together at the United Nations headquarters

By Globe Banner | Mar 18, 2024

Representatives from Fujian Province, the United Nations, and other countries convened at the United Nations Headquarters for the unveiling of the "Blanc de Chine – Porcelain from Dehua" event last week. This initiative was launched by Xinhua News Agency.

U.S. addresses worker empowerment at Commission on Status of Women session

By Globe Banner | Mar 18, 2024

Thank you, Madam Chair, and thank you to the Commission and our speakers.

U.S. ambassador urges renewed commitment to nuclear disarmament at UN Security Council

By Globe Banner | Mar 18, 2024

Ambassador Linda Thomas-Greenfield addressed the United Nations Security Council, emphasizing the importance of nuclear disarmament and non-proliferation.

U.S. ambassador meets Japanese foreign minister to discuss regional security

By Globe Banner | Mar 18, 2024

Ambassador Linda Thomas-Greenfield, the United States Representative to the United Nations, met with Japan's Minister of Foreign Affairs, Yoko Kamikawa.

China UnionPay launches “Project Excellence 2024”

By Globe Banner | Mar 16, 2024

UnionPay International announced that China UnionPay has launched "Explore China Your Way with UnionPay: China UnionPay Payment Service Optimization - Project Excellence 2024." The launch ceremony was held in Shanghai.

US condemns Russian elections held in occupied Ukrainian territories

By Globe Banner | Mar 15, 2024

Thank you, Mr. President.

Agreement on EU due diligence: still far from a workable solution

By Globe Banner | Mar 15, 2024

Reacting to the EU Corporate Sustainability Due Diligence Directive agreement, BusinessEurope Director General Markus J. Beyrer expressed concerns about the implications of the new rules. Beyrer stated, "The new due diligence rules will add unparalleled obligations, set harsh sanctions with potential existential implications for companies, and unilaterally expose them to litigation from all parts of the world." He highlighted the negative impact on SMEs, noting that they "will be negatively affected as they make up the largest part of value chains."Furthermore, Beyrer...