News from November 2024
Crypto community reacts to SEC chair Gensler's resignation
By Globe Banner | Nov 29, 2024
On November 21, Gary Gensler announced on the social media platform X that he would resign as the Chair of the Securities and Exchange Commission (SEC) on January 20, 2025.
World Bank urges Fiji to tackle non-communicable disease crisis
By Globe Banner | Nov 29, 2024
Fiji is currently facing a significant health crisis due to non-communicable diseases (NCDs) and weak health outcomes, according to a new World Bank report.
UK boosts pledge to World Bank's International Development Association by 40
By Globe Banner | Nov 29, 2024
The United Kingdom has increased its contribution to the World Bank's International Development Association (IDA) by 40%, raising it from 1.414 billion GBP in IDA20 to 1.98 billion GBP in IDA21.
Societe Generale announces changes in finance division leadership
By Globe Banner | Nov 29, 2024
Societe Generale has announced new appointments within its finance division, effective January 2, 2025.
World Bank launches $204M project for improved energy access in Papua New Guinea
By Globe Banner | Nov 29, 2024
The World Bank has announced the approval of the National Energy Access Transformation (NEAT) Project, a $204 million initiative aimed at improving electricity access for over 400,000 people in Papua New Guinea.
WTO concludes advanced dispute settlement course focusing on practical skills
By Globe Banner | Nov 29, 2024
The World Trade Organization (WTO) recently concluded its advanced dispute settlement course in Geneva.
Fisheries subsidies negotiations near conclusion with revised draft text
By Globe Banner | Nov 29, 2024
The chair of the fisheries subsidies negotiations has circulated a revised draft text ahead of the upcoming General Council meeting in December.
Ngozi Okonjo-Iweala reappointed as WTO Director-General
By Globe Banner | Nov 29, 2024
Ngozi Okonjo-Iweala has been reappointed as Director-General of the World Trade Organization (WTO) for a second four-year term.
Fiji faces challenges in managing non-communicable diseases
By Globe Banner | Nov 29, 2024
Fiji, an upper middle-income country, is facing challenges in its health sector that are more typical of a lower middle-income nation.
UK increases funding for World Bank's International Development Association
By Globe Banner | Nov 29, 2024
The United Kingdom has announced a significant increase in its contribution to the World Bank's International Development Association (IDA), raising its pledge by 40% from 1.414 billion GBP in IDA20 to 1.98 billion GBP for IDA21.
WTO calls for urgent action on challenges facing global cotton trade
By Globe Banner | Nov 29, 2024
At a recent meeting of the WTO's Director-General's Consultative Framework Mechanism on Cotton (DGCFMC), Deputy Director-General Jean-Marie Paugam praised Benin and the International Cotton Advisory Committee for their successful organization of...
EU challenges China's duties on brandy at WTO
By Globe Banner | Nov 29, 2024
The European Union has initiated a dispute complaint against China concerning duties imposed on brandy.
Ngozi Okonjo-Iweala reappointed as WTO Director-General
By Globe Banner | Nov 29, 2024
The World Trade Organization (WTO) General Council has reappointed Dr. Ngozi Okonjo-Iweala as Director-General for a second term.
Fubon Financial leads corporate sector at Sports Activist Awards with 11 accolades
By Globe Banner | Nov 29, 2024
Fubon Financial Holdings and its subsidiaries have been recognized as prominent supporters of sports in Taiwan, receiving a total of 11 awards at the Sports Activist Awards held by the Sports Administration of the Ministry of Education.
BusinessEurope outlines economic priorities for Polish EU Presidency
By Globe Banner | Nov 29, 2024
BusinessEurope's Council of Presidents gathered in Warsaw, hosted by the Confederation Lewiatan, ahead of Poland assuming the EU Presidency.
Conservation efforts intensify as threats loom over Amazon's jaguar population
By Globe Banner | Nov 29, 2024
The jaguar, known scientifically as Panthera onca, is the largest cat in the Americas and plays a vital role in maintaining the ecological balance of the Amazon rainforest.
Mongolia's economy projected to grow by over 5% through mining boom
By Globe Banner | Nov 29, 2024
Mongolia's economy is set to expand by 5.3% in 2024 and 6.5% in 2025, as reported in the World Bank’s latest semi-annual Mongolia Economic Update.
Brazil strengthens investment fund regulations following FSB peer review
By Globe Banner | Nov 28, 2024
The Financial Stability Board (FSB) has published its Peer Review of Brazil, highlighting significant advancements made by Brazilian authorities in regulating and supervising investment funds.
Riyadh completes Blue and Red metro lines with Siemens Mobility's involvement
By Globe Banner | Nov 28, 2024
The BACS consortium, which includes Siemens Mobility, has successfully completed the Blue and Red metro lines in Riyadh.
ING partners with telecom clients for Europe's fiber network rollout
By Globe Banner | Nov 28, 2024
It might seem like a daunting task, requiring billions of euros in investment, but ING is prepared to tackle it.