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  1. Investing in Sustainable and Resilient Agrifood Systems Needed for a Food-Secure Asia and the Pacific — ADB’s Independent Evaluation Report The Asian Development Bank (ADB) needs to prioritize building resilient and sustainable agrifood systems to achieve its objective of becoming a major contributor towards food security in the region, a report from ADB’s Independent Evaluation Department (IED) said. Read
  2. SEC Charges Three New Yorkers for Raising More Than $184 Million Through Pre-IPO Fraud Schemes The Securities and Exchange Commission recently charged three individuals with fraud for selling unregistered membership interests in LLCs that purported to invest in shares of pre-IPO companies, first on behalf of StraightPath Venture Partners LLC, the subject of the Commission’s emergency action in May 2022, and, later, on behalf of Legend Venture Partners LLC, the subject of the Commission’s emergency action in June 2023. Both StraightPath and Legend are now under court-ordered receiverships. Read
  3. UN Urges Regional Cooperation To Accelerate Digitalization Of Cross-border Trade Procedures The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) recently hosted the first Paperless Trade Week to foster deeper cooperation among public and private sector stakeholders from the region to implement cross-border trade digitalisation. Read
  4. EIB and DKB Deepen Their Partnership In Financing The Green Transition In Germany The European Investment Bank (EIB) and Deutsche Kreditbank (DKB) have celebrated their almost 25 years long cooperation at DKB`s headquarter in Berlin, by signing a second cooperation that will support renewable energy projects of Small and Medium Enterprises (SME) in Germany. Read
  5. Major Land Rights Win For Indigenous Peoples Over Forest Area The Size Of Hong Kong In Southwest Papua Four thousand Indigenous Papuans have finally received legal recognition of customary rights over tropical rainforest spanning an area almost the size of Hong Kong in South Sorong Regency. Read
  6. NASA Selects Contractor for Lifecycle Services Support NASA has selected Amentum Services Inc. of Chantilly, Virginia, to provide program, science, engineering, operations, and project management support at the agency’s Ames Research Center in California’s Silicon Valley. Read
  7. Former Assistant City Attorney and Police Officer Sentenced in an Approximately $15M PPP Fraud Scheme Shelitha Robertson, who formerly served as an Assistant City Attorney and police officer for the City of Atlanta, has been sentenced for fraudulently obtaining approximately $15 million in loans under the Paycheck Protection Program (PPP), a federal stimulus program authorized as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Read
  8. AI Tech Power Grab Is New Target of FTC and DOJ Antitrust Investigations The Federal government is launching a multi-pronged investigation into how the tech giants are about to control us all in an entirely new field. Read
  9. Large U.S. Military Contracts Awarded on June 7 The U.S. Defense Department announced new major contracts awarded on June 7. Read
  10. Businesses Add 272,000 Jobs in May Hiring Surge Last month the economy proved once again how robust it still is, even after 40 previous months of continuous growth. Read
  11. USDA Announces Actions to Strengthen Tribal Food Sovereignty U.S. Agriculture Secretary Tom Vilsack recently announced a series of actions by the U.S. Department of Agriculture (USDA) under the Biden-Harris Administration to strengthen Tribal sovereignty and fulfill long-standing Tribal requests for USDA to better partner with Tribal Nations, and make our overall food system more resilient. Read
  12. DOE Announces Official Definition of a Zero Emissions Building The U.S. Department of Energy (DOE) on June 6 announced a National Definition of a Zero Emissions Building to advance public and private sector efforts to decarbonize the buildings sector, which is responsible for more than one-third of total U.S. greenhouse gas emissions. Read
  13. PAHO, World Bank, And IDB Join Forces To Strengthen Health Financing In The Caribbean Under the umbrella of the Alliance for Primary Health Care (A4PHC), the Pan American Health Organization (PAHO), the World Bank, and the Inter-American Development Bank (IDB) convened a two-day interactive event, the Caribbean Health Financing Forum, this week to explore avenues for strengthening health financing in the Caribbean. Read
  14. Travel & Tourism In China Set To Surpass Pre-pandemic Levels This Year The World Travel & Tourism Council’s (WTTC) 2024 Economic Impact Research (EIR) has recently revealed that China’s Travel & Tourism sector is set to inject a record-breaking ¥12.62TN into the national economy by the end of this year. Read
  15. Over 30 Murdered in Israeli Attack on UN School in Central Gaza Fascist Israel claimed its unprovoked aerial attack yesterday was once again justified because it believed Hamas forces were hiding inside a school where over 6,000 Palestinians sheltered. Read
  16. CFPB Launches Process to Recognize Open Banking Standards On June 5, the Consumer Financial Protection Bureau (CFPB) finalized a rule outlining the qualifications to become a recognized industry standard setting body, which can issue standards that companies can use to help them comply with the CFPB’s upcoming Personal Financial Data Rights Rule. Read
  17. Austin, Texas, Approves $1 Billion Investment Into Wastewater Treatment Facility On May 30, 2024, the Austin City Council approved contracts to complete design and construct significant enhancements and expansion of the Walnut Creek Wastewater Treatment Plant, totaling over $1 billion. Read
  18. Webb Finds Plethora of Carbon Molecules Around Young Star An international team of astronomers has used NASA’s James Webb Space Telescope to study the disk of gas and dust around a young, very low-mass star. Read
  19. Commonly Used Alcohol-Based Mouthwash Brand Disrupts Oral Microbiome Balance, Scientists Say The oral microbiome is the community of bacteria that live in the mouth, they help us digest our food and keep our mouth healthy. Changes to the composition of the oral microbiome have been linked to periodontal diseases and some cancers. Read
  20. U.S. Trustee Program Updates Safeguards for Bankruptcy Funds Through Modernized Depository Agreement The Justice Department’s U.S. Trustee Program (USTP) recently updated safeguards for bankruptcy funds by introducing a revised and modernized form depository agreement for banks and financial institutions that accept bankruptcy estate deposits. Read
  21. Large U.S. Military Contracts Awarded on June 6 The U.S. Defense Department announced new major contracts awarded on June 6. Read
  22. NASA Launches Second Small Climate Satellite to Study Earth’s Poles The second of NASA’s PREFIRE (Polar Radiant Energy in the Far-InfraRed Experiment) two satellites is communicating with ground controllers after launching at 3:15 p.m. NZST, Wednesday (11:15 p.m. EDT, June 4). Read
  23. Chronic Disease Management Provider to Pay $14.9M to Resolve Alleged False Claims Bluestone Physician Services of Florida LLC, Bluestone Physician Services, P.A. and Bluestone National LLC, operating in Florida, Minnesota and Wisconsin, respectively, have agreed to pay $14,902,000 to resolve allegations that they knowingly submitted claims for certain Evaluation and Management (E&M) codes for services related to the management of chronic care patients in assisted living and other care facilities that were not provided in conformity with applicable Medicare, Medicaid and TRICARE requirements. Read
  24. Large U.S. Military Contracts Awarded on June 5 The U.S. Defense Department announced new major contracts awarded on June 5 Read
  25. ADB Expands Support for Social Resilience Program in Bangladesh The Asian Development Bank (ADB) today approved a $250 million policy-based loan to further strengthen Bangladesh’s social protection system. Read