WORLD

The World Bank approved $200 million in new financing for two projects in Nepal . The $100 million second Fiscal Policy for Growth, Recovery and Resilience Development Policy Credit aims to strengthen revenue collection, reduce fragmentation of debt management, and increase debt transparency . It also supports reforms to enhance climate-resilient infrastructure spending, lower Nepal’s minimum foreign direct investment (FDI) threshold .
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2 years ago Read more at India Education Diary

The Kyrgyz Republic Resilient Landscape Restoration Project is a part of the regional umbrella RESILAND CA+ Program . The project will be complemented by a $5 million grant from the Global Partnership for Sustainable and Resilience Landscapes (PROGREEN) with a combined financing of $52.4 million . It will promote regional collaboration among Central Asian countries on transboundary landscape restoration .
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2 years ago Read more at India Education Diary

The World Bank and the IFC kicked off today the first Conference on Elevating Global Access through E-Commerce (E-GATE) in Tajikistan with support from the UK Foreign, Commonwealth and Trade Office (FCDO); the Australia Department of Foreign Affairs and Trade (DFAT); and the Switzerland State Secretariat for Economic Affairs (SECO). In Central Asia, e-commerce is emerging as a powerful tool to tap into global markets for locally made products, modernize traditional supply chains, and foster inclusive growth by providing accessible
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2 years ago Read more at India Education Diary

The World Bank Group today announced a major overhaul to its guarantee business that will deliver simplicity, improved access, and faster execution through a new, convenient marketplace . The new reforms are critical to achieving the goal of tripling annual guarantee issuance to $20 billion by 2030. The Private Sector Investment Lab was created to identify barriers and potential solutions to renewable energy investment .
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2 years ago Read more at India Education Diary

Ottr Finance was founded only 18 months ago, and is made up of a team of seven people . Their self-custody wallet has racked up more than 25,000 monthly users . Tools for Humanity recently struck a deal to integrate World ID with super app Kresus, which includes a digital wallet .
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2 years ago Read more at Biometric Update

Saudi Arabia launched its formal bid campaign to host the 2034 World Cup . The Saudi Arabian Football Federation revealed the bid slogan “Growing. Together” and a campaign logo of two multi-coloured ribbons forming the number 34 . FIFA is expected to rubber-stamp Saudi Arabia as host in an uncontested vote by the governing body’s 211 member federations .
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2 years ago Read more at Sportstar

Canada’s Rethink has continued its remarkable rise through the ranks to take the number 1 spot this year . DDB Chicago’s climb up the rankings is just as impressive, finishing 2nd this year, having not made the top 100 in 2023 . Serviceplan Munich dropped down to 3rd place from its 2nd place finish last year, its ‘Dot Pad’ project, a smart tactile graphics display for the visually impaired .
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2 years ago Read more at The Drum

We should have our own conversation from first principles: This is an extraordinary country . It's extraordinary for many reasons. It is a country built of the world, from the world . I have had the fortune to visit dozens of countries, but I've actually never been to any other country that truly aspired to be a nation made of the globe . A lot of countries in the world don't even have birthright citizenship .
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2 years ago Read more at The.Ink

‘McEnroe’ pitted tennis legend against a virtual version of his younger self AB InBev . FCB New York picked up a slew of accolades after pitting the tennis legend on behalf of its Michelob Ultra brand.
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2 years ago Read more at The Drum

The funeral ceremony unfolded amidst a backdrop of contention between Navalny's supporters and authorities over the release of his body . The blast at The Rameshwaram Cafe in Whitefield reportedly injured four people, including three staff members and a customer . Elon Musk has launched a legal battle against OpenAI and its CEO Sam Altman claiming that Altman and Brockman initially sought his involvement to establish an open-source, non-profit entity .
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2 years ago Read more at WION