News from 2024
DG Okonjo-Iweala urges revision of food and agriculture rulebook at workshop
By Globe Banner | Jul 3, 2024
"There is an urgent need to ensure that trade in food and agriculture contributes to ensuring everyone can access sufficient, safe, and nutritious food at all times," DG Okonjo-Iweala said in her opening remarks to participants.
Binance, Hong Kong’s Organized Crime and Triad Bureau team up for law enforcement sharing session
By Globe Banner | Jul 2, 2024
The Organized Crime and Triad Bureau (OCTB) of the Hong Kong Police invited Binance to a sharing session on June 27, an invitation that highlights Binance’s promotion of security and compliance in digital finance. Binance made the announcement in a July 2 news release.
World Bank report highlights systemic gender inequality challenges in Croatia
By Globe Banner | Jul 2, 2024
ZAGREB, July 2, 2024 – A new World Bank analysis presented today reveals that Croatia remains among the lowest-ranked EU countries for overall gender parity. Despite adopting European Union (EU) standards in gender equality, significant systemic issues persist, resulting in notable gender gaps across six areas: work, money, knowledge, time, power, and health.
WTO reviews four key regional trade agreements enhancing global economic cooperation
By Globe Banner | Jul 2, 2024
The Committee on Regional Trade Agreements of the World Trade Organization (WTO) recently considered four significant regional trade agreements. These agreements, involving multiple countries, aim to enhance economic cooperation and liberalize trade in goods and services.
India needs more women in workforce to meet economic goals
By Globe Banner | Jul 2, 2024
If India is to successfully double the size of its economy by 2030, the only viable path is raising the number of women in the workforce.
Global goods trade sees modest growth amid price declines
By Globe Banner | Jul 2, 2024
Goods trade posts 1% growth in the first quarter of 2024 after 2023 plateau
Policy recommendations aim to tackle systemic gender inequality in Croatia
By Globe Banner | Jul 2, 2024
In Croatia, the subject of gender equality has gradually moved from the fringes to the forefront of public discourse, reflecting both global trends and local imperatives. As of 2023, Croatia was still among the lowest-ranked EU countries for overall gender equality. Although Croatia’s overall Gender Equality Index score has improved over the past decade, domain-specific scores offer a more granular view of the remaining challenges.
World Bank appoints Anna Akhalkatsi as new country director for European Union
By Globe Banner | Jul 2, 2024
Anna Akhalkatsi has been appointed as the World Bank’s new Country Director for the European Union, based in Brussels. In her new role, Ms. Akhalkatsi will lead the Bank's dialogue with EU client countries and institutions, overseeing operational and knowledge engagement with governments, stakeholders, and partners to advance their development objectives. She will work closely with the International Finance Corporation (IFC) and the Multilateral Investment Guarantee Agency (MIGA) to enhance the World Bank Group’s engagement with the private sector.
Hill on former IRS agent's detention in Nigeria: 'Tigran must immediately be granted a humanitarian release'
By Donna Rolando | Jul 2, 2024
Two Congress members have gone viral with their report on X, formerly known as Twitter, of “horrible” conditions in a Nigerian prison where former IRS agent Tigran Gambaryan is being held despite U.S. requests for a humanitarian release.
Stefano Mocci appointed as new World Bank Group manager for Fiji
By Globe Banner | Jul 1, 2024
SUVA, July 1, 2024 – Stefano Mocci has been appointed as the World Bank Group Country Manager for Fiji, a role that aims to unify country-level leadership to better support the nation’s public and private sector priorities. This newly created position will provide a single point of contact for accessing the full range of World Bank Group products and services, enhancing the institution's ability to address global challenges and drive development with speed, efficiency, and impact.
Khwima Nthara assumes role as World Bank's PNG country manager
By Globe Banner | Jul 1, 2024
Port Moresby, July 1, 2024 – Starting today, Mr. Khwima Nthara becomes the World Bank Group Country Manager for Papua New Guinea (PNG), a position that will unify country-level leadership across the institution to better support PNG’s public and private sector priorities. This newly created position provides a single point of contact for access to the full breadth of World Bank Group products and services and will enhance the institution's ability to address global challenges and drive development with speed, efficiency, and impact.
World Bank appoints Jason Allford as special representative for South Korea
By Globe Banner | Jul 1, 2024
Seoul, July 1, 2024 – Jason Allford has been appointed as the World Bank Group Special Representative for the Republic of Korea. This newly created position aims to unify country-level leadership across the institution to better support Korea’s public and private sector priorities. The role provides a single point of contact for access to the full range of World Bank Group products and services, enhancing the institution's ability to address global challenges and drive development with speed, efficiency, and impact.
Zafer Mustafaoglu appointed new country director at World Bank
By Globe Banner | Jul 1, 2024
The World Bank has announced the appointment of economist Zafer Mustafaoglu as Country Director for the Philippines, Malaysia, and Brunei Darussalam, effective July 1, 2024.
Gevorg Sargsyan named new World Bank Group Country Manager for Sri Lanka
By Globe Banner | Jul 1, 2024
Starting today, Gevorg Sargsyan assumes the role of World Bank Group Country Manager for Sri Lanka. This newly created position aims to unify country-level leadership across the institution, enhancing support for Sri Lanka’s public and private sector priorities. The role offers a single point of contact for accessing the full range of World Bank Group products and services, thereby improving the institution's ability to address global challenges and drive development with greater speed, efficiency, and impact.
World Bank approves $700M investment for human capital enhancement in Jordan
By Globe Banner | Jul 1, 2024
The World Bank Group has approved two new programs to strengthen Jordan’s human capital through targeted investments in education, health, and social assistance. With a combined financing of $700 million, the Jordan Human Capital Program and the Jordan: Modernizing Education, Skills, and Administrative Reforms (MASAR) Program aim to drive sustainable and inclusive growth, enhance education quality, and better equip youth with skills for future jobs.
World Bank appoints Inguna Dobraja as new manager for Moldova
By Globe Banner | Jul 1, 2024
Chisinau, July 1, 2024 – Starting today, Inguna Dobraja becomes the World Bank Group Country Manager for Moldova, a position that will unify country-level leadership across the institution to better support Moldova’s public and private sector priorities. This newly created position provides a single point of contact for access to the full breadth of World Bank Group products and services and will enhance the institution's ability to address global challenges and drive development with speed, efficiency, and impact.
Ozan Sevimli named new country manager for Tajikistan by World Bank
By Globe Banner | Jul 1, 2024
DUSHANBE, July 1, 2024 – Starting today, Ozan Sevimli becomes the World Bank Group Country Manager for Tajikistan, a position that will unify country-level leadership across the institution to better support Tajikistan’s public and private sector priorities. Mr. Sevimli will lead the programs of the International Bank for Reconstruction and Development/International Development Association, International Finance Corporation, and Multilateral Investment Guarantee Agency in Tajikistan, providing a single point of contact for access to the full breadth of World Bank Group...
World Bank appoints Diletta Doretti as representative for Guyana
By Globe Banner | Jul 1, 2024
Georgetown, July 1, 2024 – Diletta Doretti has been appointed as the World Bank Group Resident Representative for Guyana, a role designed to consolidate country-level leadership across the institution. This new position aims to streamline access to the full range of World Bank Group products and services, enhancing the institution's ability to address global challenges and drive development efficiently.
Fatou Fall appointed as joint resident representative for Djibouti
By Globe Banner | Jul 1, 2024
Djibouti, July 1, 2024 – Fatou Fall has been appointed as the Joint Resident Representative of the World Bank Group for Djibouti. This new role will consolidate country-level leadership across various institutions within the World Bank Group, including the International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA), the International Finance Corporation (IFC), and the Multilateral Investment Guarantee Agency (MIGA). The aim is to better support Djibouti's public and private sector development priorities, enhancing the...
World Bank appoints Ary Naїm as country manager for Poland
By Globe Banner | Jul 1, 2024
Warsaw, July 1, 2024 – Ary Naїm has been appointed as the World Bank Group Country Manager for Poland, a newly created position aimed at unifying country-level leadership across the institution. This role is designed to enhance support for Poland’s public and private sector priorities by providing a single point of contact for access to the full range of World Bank Group products and services.