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News from 2024


Fisheries subsidies negotiations near conclusion with revised draft text

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

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

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

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

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

The European Union has initiated a dispute complaint against China concerning duties imposed on brandy.


Ngozi Okonjo-Iweala reappointed as WTO Director-General

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

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

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

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

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

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

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

It might seem like a daunting task, requiring billions of euros in investment, but ING is prepared to tackle it.


Yuanta Securities honored with national award for excellence in human resource development

Yuanta Securities has been recognized with the National Talent Development Award (NTDA) by Taiwan's Ministry of Labor.


Macquarie considers cash offer for waste firm Renewi

Macquarie Asset Management, acting on behalf of funds or entities managed by Macquarie Infrastructure and Real Assets (Europe) Limited, has announced its consideration of a potential cash offer for the entire share capital of Renewi plc.


World Bank approves $1 billion projects for Argentina's education and child development

The World Bank's Board of Directors has approved two new projects for Argentina, amounting to a total of $1 billion.


World Bank identifies climate challenges facing Eastern Caribbean nations

The World Bank Group, in collaboration with the Organization of Eastern Caribbean States Commission (OECS), has released a report addressing climate change challenges and opportunities for Dominica, Grenada, Saint Lucia, and Saint Vincent and the...


Committee addresses global food security concerns amid rising challenges

The Committee on Agriculture recently convened to discuss a range of issues, including agricultural market developments, food security, and technology transfer.


WTO-ITC women's initiative receives major funding boost from FIFA World Cup Legacy Fund

The Women Exporters in the Digital Economy (WEIDE) Fund, a joint initiative by the World Trade Organization (WTO) and the International Trade Centre (ITC), has received a significant boost from the FIFA World Cup Qatar 2022 Legacy Fund.