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Women entrepreneurs pitch ideas at first AWE event in Turkmenistan
By Globe Banner | Jun 11, 2024
Participants in the inaugural Academy for Women Entrepreneurs (AWE) program in Turkmenistan presented their business ideas to a panel of experts in Ashgabat on June 8.
European businesses urge new MEPs to prioritize competitiveness
By Globe Banner | Jun 11, 2024
BusinessEurope and the European business community have extended their congratulations to the newly elected Members of the European Parliament, acknowledging a strong voter turnout that underscores citizens' engagement with Europe.
USAID hosts Central Eurasian Venture Forum focusing on tech leadership
By Globe Banner | Jun 11, 2024
The U.S. Agency for International Development (USAID), MOST Holding, and Investbanq are co-hosting the Central Eurasian Venture Forum (CEVF) in Almaty, Kazakhstan.
World Bank official urges bold reforms for sustainable growth in Western Balkans
By Globe Banner | Jun 11, 2024
Massimiliano Paolucci, the World Bank Country Manager for Kosovo and North Macedonia, delivered remarks at The Economist Impact Western Balkans Summit 2024 during the panel session titled “Advancing Sustainability: Infrastructure, Energy Solutions, and Financing Opportunities.”
Binance's user base surges to 200M
By Globe Banner | Jun 11, 2024
Binance’s user base has soared to 200 million. The company views its growth both as an achievement for the Binance community and the blockchain industry.
WTO emphasizes importance of unified approach for steel decarbonization
By Globe Banner | Jun 11, 2024
Thank you, Edwin, for the kind words of welcome.
DDG Ellard addresses retirees' contributions and updates on WTO developments
By Globe Banner | Jun 11, 2024
DDG Ellard expressed gratitude to retirees for their contributions during a General Assembly meeting at the World Trade Organization (WTO). Addressing both online and in-person participants, she stated, "I want to thank you because everything that you did at the WTO over the years has been the foundation for the work that we do now."
Chinese American Service League CEO on The Sue Ling Gin Foundation: 'Their philanthropic support has given our organization the resources needed to provide critical services, from childcare to in-home senior care'
By Donna Rolando | Jun 11, 2024
A plethora of charitable and community endeavors might never have reached their full potential if not for a half-frozen sweet roll served as breakfast onboard a Midway Airlines flight in 1983.
Cabo Verde's economic update highlights potential of blue economy amid recovery
By Globe Banner | Jun 10, 2024
Cabo Verde's economy is recovering from the challenges posed by the COVID-19 pandemic. However, the crisis has underscored the country's inherent weaknesses, including heavy dependence on tourism, lack of buffers for economic shocks, and risks in the State-Owned Enterprises (SOE) sector. Climate change impacts exacerbate these vulnerabilities.
World Bank urges Cabo Verde investment in blue economy for sustainable growth
By Globe Banner | Jun 10, 2024
Cabo Verde has demonstrated resilience in its post-COVID-19 recovery, yet the crisis underscored vulnerabilities, including reliance on tourism and risks from underperforming State-Owned Enterprises (SOEs). Climate change is intensifying these weaknesses.
Kyrgyzstan hosts forum spotlighting clean energy investments
By Globe Banner | Jun 10, 2024
VIENNA, June 10, 2024—The Government of the Kyrgyz Republic, with support from the World Bank Group and co-hosted by the Government of Austria, convened high-level delegations from Central Asia, Europe, the Middle East, international financial institutions, and private investors to discuss the future of energy in Central Asia at the Kyrgyz Republic International Energy Investment Forum in Vienna.
U.S. Embassy announces funding opportunity for projects countering irregular migration in Ecuador
By Globe Banner | Jun 10, 2024
The U.S. Department of State, through its Embassy and Consulate in Ecuador's Public Diplomacy Section, has announced a funding opportunity aimed at countering irregular migration in Ecuador.
Webinar explores how digital tech can revolutionize global customs operations
By Globe Banner | Jun 10, 2024
A recent webinar highlighted the increasing adoption of technologies such as electronic data interchange, blockchain, artificial intelligence, and big data analytics by customs authorities. Suja Rishikesh Mavroidis, Director of the WTO's Market Access Division, moderated the event and stressed the importance of understanding the practical applications of these technologies to assess their effectiveness.
World Bank backs $250M project for sustainable water management in Chile
By Globe Banner | Jun 10, 2024
The World Bank Board of Executive Directors has approved a new project to support Chile’s Just Water Transition program, aimed at fostering more sustainable and equitable water resources management. This $250 million initiative will be implemented by the Ministry of Public Works in collaboration with the Ministry of Environment.
Leaders call for ceasefire and hostage release in Gaza
By Globe Banner | Jun 10, 2024
The leaders of several nations, including the United States, Argentina, Austria, Brazil, Bulgaria, Canada, Colombia, Denmark, France, Germany, Poland, Portugal, Romania, Serbia, Spain, Thailand, and the United Kingdom have issued a joint statement...
World Bank approved as interim host for climate loss and damage fund
By Globe Banner | Jun 10, 2024
The World Bank’s Board of Executive Directors has approved the institution's role as interim secretariat host and trustee for a fund aimed at addressing loss and damage caused by climate change. This decision follows an agreement reached by 198 countries during COP28 to establish financial support for nations most affected by climate impacts.
World Bank approves $45M project for coastal resilience in Guyana
By Globe Banner | Jun 10, 2024
The World Bank has approved a project to aid Guyana in adapting to climate change and mitigating flood risks in its coastal regions. This initiative aims to benefit approximately 320,000 people, or around 40 percent of the country's population, including the most vulnerable groups.
World Bank approves $1B financing for Pakistan's DASU Hydropower Project
By Globe Banner | Jun 10, 2024
The World Bank’s Board of Executive Directors has approved $1 billion in additional financing for the DASU Hydropower Stage I (DHP I) Project in Pakistan. This funding aims to expand hydropower electricity supply, enhance access to socio-economic services for local communities, and bolster the Water and Power Development Authority’s (WAPDA) capacity to prepare future hydropower projects.
Egypt promotes circular and blue economies for sustainability
By Globe Banner | Jun 9, 2024
Over the last two decades, Egypt has pursued sustainable and resilient development. The Ministry of Environment has improved the governance framework and promoted new policy instruments to meet growing environmental challenges. The purpose of this analysis is to help Egypt address some of these environmental challenges by providing strategic guidance to the government to achieve green, resilient, and inclusive growth while creating new jobs.
WTO celebrates 30th anniversary with open day events
By Globe Banner | Jun 9, 2024
The World Trade Organization (WTO) recently opened its doors to the public as part of activities commemorating its 30th anniversary. The sixth edition of the Open Day provided visitors with an opportunity to learn about the WTO's work, explore its historic building, and participate in various activities on the lakeside terrace and inside the organization's headquarters.