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IFC and Bridge Bank Group Partner to Boost SME Finance in Côte d'Ivoire and Senegal
To boost access to financing for small businesses in Côte d'Ivoire and Senegal, particularly those owned and led by women, IFC recently announced a Risk-Sharing Facility (RSF) for a total amount of up to $40 million equivalent in West African CFA with Bridge Bank Group Côte d'Ivoire (BBGCI).
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Forestry Company Stora Enso To Offer Sustainable Food And Personal Care Packaging With €435 Million EIB Loan
The European Investment Bank (EIB) is extending a €435 million credit to forestry company Stora Enso so it can produce greener packaging for foods and personal care products.
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Nearly $2 Billion Allocated to Support American Auto Workers, Convert Facilities for Electric Vehicles
The U.S. Department of Energy (DOE) on July announced $1.7 billion to support the conversion of 11 shuttered or at-risk auto manufacturing and assembly facilities across eight states—Michigan, Ohio, Pennsylvania, Georgia, Illinois, Indiana, Maryland, and Virginia—to manufacture electric vehicles and their supply chain.
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Ukraine: Restoring Scientific Infrastructure Will Cost Over $1.26 Billion (UNESCO)
A study released by UNESCO estimates the cost of restoring Ukraine’s public scientific infrastructure at more than $ 1.26 billion. It reveals that 1,443 buildings and laboratories, as well as 750 pieces of scientific equipment, have been damaged or destroyed since the start of the war in February 2022.
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Respiratory Bacteria ‘Turns Off’ Immune System To Survive
Researchers from The University of Queensland have identified how a common bacterium is able to manipulate the human immune system during respiratory infections and cause persistent illness.
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Large U.S. Military Contracts Awarded on July 11, 2024
The U.S. Defense Department announced new major contracts awarded on July 11
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FTA Announces Funding to Strengthen Transit Manufacturing Industry
The U.S. Department of Transportation's Federal Transit Administration (FTA) recently announced approximately $1.5 billion in funding to support 117 projects that will improve public transportation in 47 states.
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USDA Announces $100 Million Investment to Help Families Buy Food for Their Children During Summer Months
The U.S. Department of Agriculture recently announced it is providing $100 million in grants to help states, Tribal Nations, and U.S. territories implement SUN Bucks – a new, permanent program that helps families buy groceries for their children during the summer.
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NASA Deputy Administrator Strengthens Ties in Japan, Republic of Korea
NASA Deputy Administrator Pam Melroy will visit Japan and the Republic of Korea beginning Thursday, July 11, to underscore the critical role of international cooperation in advancing space exploration and technology development.
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EIB And Banca Sella Provide €200 Million To Facilitate Lending To Businesses
The European Investment Bank (EIB) and Banca Sella have signed a €100 million financing agreement to support investments and the working capital and liquidity needs of small and medium businesses (SMEs) and mid-caps, focusing in particular on product and process innovation and projects in cohesion regions.
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DRC: Alarming Increase In Trafficking For Sexual Exploitation, Say Experts
UN experts* said today they are alarmed by reports of widespread trafficking in persons, particularly for sexual slavery and exploitation, and rising child and forced marriages stemming from conflict and displacement in eastern Democratic Republic of Congo.
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FTC, ICPEN, GPEN Announce Results of Review of Use of Dark Patterns Affecting Subscription Services, Privacy
The Federal Trade Commission and two international consumer protection networks announced the results of a review of selected websites and apps that showed a large percentage of the websites and mobile apps examined may use dark patterns, digital design techniques that may manipulate consumers into buying products or services or giving up their privacy.
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Israel Orders Palestinians to Leave Gaza City Once Again
Zionist Israel's military just told all Palestinian civilians to get out of Gaza’s biggest urban hub, after blowing up a school, and new revelations about the truth of October 7.
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CFPB Proposes Rules To Help Homeowners Avoid Foreclosure
The Consumer Financial Protection Bureau (CFPB) recently proposed new rules to make it easier for homeowners to get help when they are struggling to pay their mortgage.
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A New Species Of Extinct Crocodile Relative Rewrites Life On The Triassic Coastline
The surprising discovery of a new species of extinct crocodile relative from the Triassic Favret Formation of Nevada, USA, rewrites the story of life along the coasts during the first act of the Age of Dinosaurs.
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Rite Aid Corporation and Elixir Insurance Company Agree to Pay $101M to Resolve Allegations of Falsely Reporting Rebates
The Justice Department announced on July 10 that Rite Aid Corporation and Rite Aid subsidiaries, Elixir Insurance Company, RX Options LLC and RX Solutions LLC, have agreed to resolve allegations that they violated the False Claims Act (FCA) by failing to accurately report drug rebates to the Medicare Program.
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Large U.S. Military Contracts Awarded on July 10, 2024
The U.S. Defense Department announced new major contracts awarded on July 10.
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EU Firms Seek Google Providers to Bring Order to Data Chaos
Amid widespread interest in GenAI, many European enterprises still face significant challenges to bring order and structure to their internal data and lay a solid foundation for their AI and ML models, according to a new research report published recently by Information Services Group (ISG).
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Moldova Signs The EU's Joint Procurement Agreement To Deepen Health Cooperation With The EU
Moldova became the 38th country to sign the Joint Procurement Agreement in the area of health, during an official visit to Chisinau by Commissioner for health and food safety, Stella Kyriakides.
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Scientists Exploring More Targeted Radiation For Glioblastoma
A new approach to treating the most malignant type of brain cancer – glioblastoma – has shown strong promise in pre-clinical settings, raising hopes of increasing current average survival rates beyond 18 months.
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NATO Summit Promises New Air Defenses for Ukraine but Will Not Guarantee Membership
Leaders representing the 32 member states of the North Atlantic Treaty Organization kicked off 75th anniversary celebrations yesterday with plans to strengthen Ukraine’s air defense systems against Russia.
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Up to $1.6 Billion Aims to Establish and Accelerate Domestic Capacity Advanced Packaging
The U.S. Department of Commerce issued a Notice of Intent (NOI) to open a competition for new research and development (R&D) activities that will establish and accelerate domestic capacity for semiconductor advanced packaging.
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IFC Invests in Mongolia's First Social Bond to Boost Sustainable Development, Create Jobs
To bolster Mongolia's sustainable-finance market and create jobs while increasing resilience, IFC is investing up to $100 million in the country's first-ever social bond, which will be issued by Khan Bank, the country's largest commercial bank.
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PBBM’s Promise Fulfilled DBM To Release P27 Billion For Payment Of Remaining Health Emergency Allowance Claims
In adherence with the directive of President Ferdinand R. Marcos Jr. to settle all unpaid arrears for the Health Emergency Allowance (HEA) of healthcare workers, Department of Budget and Management (DBM) Secretary Amenah "Mina" F. Pangandaman announced that around P27 billion was released by the DBM for the purpose.
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Second $2 Billion U.S.-Poland Foreign Military Financing Direct Loan Strengthens NATO
The United States recently announced a second $2 billion Foreign Military Financing direct loan agreement with Poland.
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