News from September 2024
Fintopio CEO on imprisoned Binance employee: 'What is happening to Tigran is unconscionable'
By Globe Banner | Sep 17, 2024
Fintopio CEO Steve Milton described the Nigerian government's treatment of Binance's Tigran Gambaryan as "unconscionable" given his dedication to law enforcement and his lack of decision-making authority within the company. Milton shared his statement in a September 2 post on X.
Department of State launches updated Smart Traveler Enrollment Program
By Globe Banner | Sep 17, 2024
The Department of State has unveiled a revamped version of the Smart Traveler Enrollment Program (STEP) on September 16, 2024.
UAE donates USD 1 million to WTO Fish Fund
By Globe Banner | Sep 17, 2024
The United Arab Emirates has donated USD 1 million to the World Trade Organization (WTO) Fish Fund, marking a significant contribution towards global sustainable fishing practices. WTO Director-General Ngozi Okonjo-Iweala acknowledged the donation, stating, "The generous contribution from the United Arab Emirates to the WTO Fish Fund is an important step towards supporting sustainable fishing practices globally. It will help fellow WTO members meet their obligations under the landmark Agreement on Fisheries Subsidies and manage their fisheries sustainably. I am grateful for...
Solomon Islands study identifies key areas for economic growth
By Globe Banner | Sep 17, 2024
The Solomon Islands Country Economic Memorandum Sources of Growth Study emphasizes opportunities to boost growth in the country through digitalization, improved transport connectivity, and better urban planning. It also outlines steps to stimulate private-sector investment in tourism, agriculture, and fisheries.
Western Cape report suggests strategies for improving education sector
By Globe Banner | Sep 17, 2024
The Western Cape Education Sector Analysis, jointly prepared by the World Bank and South Africa’s Western Cape Education Department (WCED), offers key insights and recommendations for improving the quality of learning in the province’s schools while addressing the growing demand for access due to rising enrolments. The Western Cape is a coastal province at the southernmost tip of South Africa, home to a culturally diverse population spread across agricultural and fishing towns, various townships, and the city of Cape Town.
World Bank launches innovative project supporting Uzbekistan's green transition
By Globe Banner | Sep 17, 2024
Across the globe, countries are looking to cut their greenhouse gas (GHG) emissions to meet the national determined contributions (NDCs) they have committed to as part of the Paris Agreement to combat climate change.
Climate change threatens key Maldivian industries per World Bank report
By Globe Banner | Sep 17, 2024
MALE’, September 17, 2024 – The Maldives’ economy, heavily reliant on tourism and fisheries, is facing severe risks due to climate change, according to a new World Bank Group report released today.
Voting guidelines for U.S citizens residing in Slovakia ahead of upcoming elections
By Globe Banner | Sep 16, 2024
Voter registration deadlines for U.S. citizens living in Slovakia vary by state, with some requiring registration 30 days before an election.
State Department launches updated Smart Traveler Enrollment Program
By Globe Banner | Sep 16, 2024
The Department of State has introduced a new version of the Smart Traveler Enrollment Program (STEP) as of September 16, 2024.
WTO supports ELSA's Moot Court competition with legal mooting masterclass
By Globe Banner | Sep 16, 2024
The competition is a simulated hearing under the rules of the WTO dispute settlement mechanism involving exchanges of written submissions and oral pleadings before panelists on international trade law issues. The competition is organized by the European Law Students' Association (ELSA) with the technical support of the WTO.
NCUA reports decline in assets but rise in loans for Q2 2024
By Globe Banner | Sep 16, 2024
Total assets, shares and deposits, and membership at federally insured credit unions declined at the median over the year ending in the second quarter of 2024, while loans outstanding increased, according to the latest Quarterly U.S. Map Review released today by the National Credit Union Administration (NCUA).
USCIS opens new field office in Quito
By Globe Banner | Sep 16, 2024
U.S. Citizenship and Immigration Services (USCIS) has inaugurated a new field office in Quito, Ecuador.
Binance gives Vietnam users impacted by Typhoon Yagi $50 worth of BNB
By Globe Banner | Sep 16, 2024
Binance Charity announced it will airdrop up to $1 million in Binance Coin (BNB) to registered Binance users identified as living in areas in Northern Vietnam that were devasaid by Typhoon Yagi.
Rep. Hill: 'The Nigerian government must understand that the continued wrongful detention of Tigran is putting our relationship in jeopardy'
By Globe Banner | Sep 16, 2024
Arkansas State Rep. French Hill has called for stronger U.S. action in securing the release of Tigran Gambaryan, a former IRS crypto investigator detained in Nigeria for six months. Hill warned that Nigeria’s wrongful detention of Gambaryan is jeopardizing U.S.-Nigeria relations and urged President Biden to engage directly to resolve the situation.
Binance Labs invests in OpenEden
By Globe Banner | Sep 16, 2024
Binance Labs, the venture capital and incubation arm of Binance, has invested in OpenEden, a platform focused on the tokenization of real-world assets (RWA).
Executive Director of Vapor Technology Association: The ‘Center for Tobacco Products created a flawed and broken PMTA process'
By Globe Banner | Sep 15, 2024
Tony Abboud, executive director of the Vapor Technology Association, expressed strong disagreement with the FDA’s Center for Tobacco Products' rulings against e-cigarettes in favor of traditional tobacco products. Abboud made this statement publicly on September 10.
Financial Conduct Authority: Valuations must be ‘robust and reliable’ for investor trust
By Globe Banner | Sep 14, 2024
The Financial Conduct Authority (FCA), who conducted a review of private market valuations in 2024, said valuations have to be “robust and reliable in all market conditions” in order to maintain the trust of investors.
Deloitte announces AI’s impact on private equity valuations
By Globe Banner | Sep 13, 2024
Deloitte announced that AI is expected to significantly enhance the portfolio valuation process. This technology is anticipated to increase the frequency and efficiency of portfolio valuations.
Global report urges investment in healthy longevity amid rapid demographic shifts
By Globe Banner | Sep 13, 2024
Global aging represents a significant achievement in development, with adults over 60 being the fastest-growing demographic worldwide. This demographic shift will influence labor markets, immigration policies, healthcare systems, social protection frameworks, and economies. Rapidly aging societies must develop adaptable strategies focusing on marginalized groups, particularly women who often live longer with non-communicable diseases (NCDs) and chronic illnesses while bearing most caregiving responsibilities.
World Bank approves $100 million loan for rural roads improvement in Ecuador's Guayas Province
By Globe Banner | Sep 13, 2024
Washington, D.C., September 13, 2024 - The World Bank Board of Directors has approved a new loan to support rural road improvement in Guayas Province, Ecuador.