News from 2024
U.S. Embassy issues advisory on upcoming protests in Bratislava
By Globe Banner | Aug 13, 2024
The U.S. Embassy has issued an advisory for protests scheduled in Bratislava on August 12 and 13.
National Consumers League CEO: 'We want Starbucks to stop sourcing from plantations and farms that exploit workers'
By Donna Rolando | Aug 12, 2024
The National Consumers League has filed a lawsuit against the global Starbucks for deceptive advertising, calling its claim of 100-percent ethical sourcing of coffee and tea products a well-circulated lie.
World Bank launches council to tackle global jobs crisis
By Globe Banner | Aug 12, 2024
The World Bank Group today announced the launch of the High-Level Advisory Council on Jobs, a new initiative aimed at identifying actionable policies and programs to address the looming jobs crisis in the Global South.
US Embassy in Turkmenistan announces upcoming CCTV installation solicitation
By Globe Banner | Aug 12, 2024
The Embassy of the United States in Turkmenistan has announced a pre-solicitation notice for the installation and service of CCTV systems in a warehouse.
Leaders urge immediate action on Gaza ceasefire and hostage release
By Globe Banner | Aug 12, 2024
The leaders of the United States, Egypt, and Qatar have issued a joint statement urging immediate action to bring relief to the people of Gaza and to secure the release of hostages.
Binance recovers more than $73M in user funds from external hacks
By Globe Banner | Aug 12, 2024
Binance reports that during the first seven months of 2024, the company recovered or froze more than $73 million in user funds from external hacks. The amount significantly exceeds the $55 million that it secured throughout 2023.
U.S. Embassy seeks vehicle suppliers for Ashgabat post
By Globe Banner | Aug 9, 2024
The U.S. Embassy in Turkmenistan has announced a solicitation for the procurement of vehicles, specifically a cargo van and a warehouse box truck, under reference PR12732344.
World Bank approves $55 million credit for modernization of Peru's National Social Registry
By Globe Banner | Aug 9, 2024
The World Bank’s Board of Executive Directors has approved a credit for Peru to modernize its National Social Registry (SINAFO), focusing on the social household registry. The project aims to create an integrated social policy information system that is inclusive, dynamic, and interoperable, suitable for both regular programs and emergency responses.
World Bank approves $500 million loan to support Peru's economic reforms
By Globe Banner | Aug 9, 2024
The World Bank’s Board of Executive Directors has approved a loan to assist Peru in achieving a more efficient fiscal policy and a productive economy adapted to climate change. This initiative is aimed at helping the country progress toward OECD accession.
NCUA Board approves new rule to standardize data submissions to financial regulators
By Globe Banner | Aug 9, 2024
The National Credit Union Administration (NCUA) Board has unanimously approved an interagency notice of proposed rulemaking aimed at establishing data standards for specific information collections submitted to the NCUA and other financial regulatory agencies. The decision was made by notation vote.
Indigenous women from Bolivia advocate against poverty at global stage
By Globe Banner | Aug 8, 2024
In the bustling city of El Alto, Bolivia, where the Aymara and Quechua cultures converge, two women, Roxana Quispe and Emma Poma, have dedicated their lives to fighting poverty and promoting the rights of indigenous people. Their journey from poverty to empowerment is a testament to resilience, community, and inclusive development.
Supporting indigenous communities vital for Nepal's sustainable forestry
By Globe Banner | Aug 8, 2024
Nepal, endowed with approximately 6.4 million hectares of forest resources, has seen a significant increase in its forest cover from 26 percent to 45 percent between 1992 and 2016. This progress is largely attributed to the country's sustainable community-based forest management practices.
World Bank approves $30 million for sanitation projects in Ghana
By Globe Banner | Aug 8, 2024
The World Bank has approved $30 million from the International Development Association (IDA) for the Greater Accra Metropolitan Area Sanitation and Water Project (GAMA SWP). This second additional financing aims to assist the Government of Ghana in addressing financial shortfalls caused by inflation.
World Bank collaborates with Indigenous Peoples on new resilience framework
By Globe Banner | Aug 8, 2024
Indigenous Peoples have demonstrated resilience and made significant contributions to the sustainability of the planet, despite persistent threats to their peoples, cultures, and ways of life. Although they have contributed little to climate change and have made notable efforts in climate mitigation, Indigenous Peoples are disproportionately impacted by climate shocks and disasters.
Framework highlights indigenous peoples' role in global climate resilience
By Globe Banner | Aug 7, 2024
When a Category 5 hurricane struck the Caribbean Coast, multiple Indigenous communities faced significant destruction. A Miskitu Indigenous leader recounted, “All I could see were fragments of what were once our homes, reduced to tiny pieces of wood.”
WTO announces first cohort of Young Trade Leaders
By Globe Banner | Aug 7, 2024
The World Trade Organization (WTO) has announced the first cohort of its Young Trade Leaders Programme, established to engage young people with the organization's work and promote a better understanding of its role in supporting international trade.
World Bank launches reports on Cameroon's economy highlighting need for fiscal reforms
By Globe Banner | Aug 6, 2024
YAOUNDÉ, August 6, 2024 - The World Bank has launched two flagship economic reports: the 2024 Cameroon Economic Update and the Cameroon Public Finance Review.
U.S. delivers military aid worth $3.1 million to Ecuador
By Globe Banner | Aug 6, 2024
Representatives from the United States Embassy in Ecuador have delivered $3.1 million worth of equipment and infrastructure support to the Ecuadorian Armed Forces.
Anne-Lucie Lefebvre appointed as World Bank Country Manager for Haiti
By Globe Banner | Aug 6, 2024
Anne-Lucie Lefebvre has been appointed as World Bank Country Manager for Haiti, based in Port au Prince. In her new role, Lefebvre is responsible for leading the Bank’s dialogue with the government and working closely with key development partners and stakeholders.
Biden reaffirms U.S. support for Jordan in call with King Abdullah
By Globe Banner | Aug 6, 2024
President Biden engaged in a conversation with King Abdullah II of Jordan.