World Bank

Zambia External Bondholder Steering Committee Reaches Agreement with Zambia on Debt Restructuring

Retrieved on: 
Monday, March 25, 2024
Index, Government, Documentation, Farallon Capital, Committee, LLP, RBC, IMF, AIP, Greylock Capital Management, OCC, The Committee, World Bank, Limited, Weil, Gotshal & Manges, Security (finance)

LONDON, March 25, 2024 /PRNewswire/ -- The Zambia External Bondholder Steering Committee (the "Committee") is pleased to announce that it has reached a conclusive agreement (the "2024 Agreement") with the Government of Zambia (the "Government") on a restructuring of Zambia's (i) US$750,000,000 5.375 per cent.

Key Points: 
  • LONDON, March 25, 2024 /PRNewswire/ -- The Zambia External Bondholder Steering Committee (the "Committee") is pleased to announce that it has reached a conclusive agreement (the "2024 Agreement") with the Government of Zambia (the "Government") on a restructuring of Zambia's (i) US$750,000,000 5.375 per cent.
  • Prompt implementation of a debt restructuring agreement with bondholders is not only in Zambia's interests, but the wider creditor community as a whole.
  • The proposed restructuring terms set out in the 2024 Agreement are based on the same structure as the November 2023 AIP.
  • Implementation of the 2024 Agreement is conditional on mutual agreement on deal documentation, and the objective is to fully implement the agreement as promptly as feasible.

Zambia External Bondholder Steering Committee Reaches Agreement with Zambia on Debt Restructuring

Retrieved on: 
Monday, March 25, 2024
Index, Government, Documentation, Farallon Capital, Committee, LLP, RBC, IMF, AIP, Greylock Capital Management, OCC, The Committee, World Bank, Limited, Weil, Gotshal & Manges, Security (finance)

LONDON, March 25, 2024 /PRNewswire/ -- The Zambia External Bondholder Steering Committee (the "Committee") is pleased to announce that it has reached a conclusive agreement (the "2024 Agreement") with the Government of Zambia (the "Government") on a restructuring of Zambia's (i) US$750,000,000 5.375 per cent.

Key Points: 
  • LONDON, March 25, 2024 /PRNewswire/ -- The Zambia External Bondholder Steering Committee (the "Committee") is pleased to announce that it has reached a conclusive agreement (the "2024 Agreement") with the Government of Zambia (the "Government") on a restructuring of Zambia's (i) US$750,000,000 5.375 per cent.
  • Prompt implementation of a debt restructuring agreement with bondholders is not only in Zambia's interests, but the wider creditor community as a whole.
  • The proposed restructuring terms set out in the 2024 Agreement are based on the same structure as the November 2023 AIP.
  • Implementation of the 2024 Agreement is conditional on mutual agreement on deal documentation, and the objective is to fully implement the agreement as promptly as feasible.

World Identity Network Releases "Shadows in the Dark" Documentary on Amazon

Retrieved on: 
Friday, March 22, 2024
Dark, Narration, Emmy Awards, Partnership, United, WIN, World Bank Group, SITD, United Nations, AI, Public key certificate, Refugee, Human Rights Foundation, Civilization, Heart, Identification, Singularity Group, World Bank, Human, Shadow, Facial recognition, Person

WASHINGTON, March 22, 2024 /PRNewswire/ -- World Identity Network (WIN), the leading nonprofit organization advocating for universal identity rights, has released its groundbreaking documentary, Shadows in the Dark: Our Global Identity Crisis, exclusively on Amazon.

Key Points: 
  • WASHINGTON, March 22, 2024 /PRNewswire/ -- World Identity Network (WIN), the leading nonprofit organization advocating for universal identity rights, has released its groundbreaking documentary, Shadows in the Dark: Our Global Identity Crisis, exclusively on Amazon.
  • Telling their stories with the utmost care, precision, and nuance was a tremendous responsibility, and we could not be happier with the final result."
  • The documentary shines a light on those born in the shadows of the formal economy, at the margins of society, lacking common identity documents, such as birth certificates and passports.
  • "Identity is at the heart of many of today's global challenges," says Shadows in the Dark Co-director, Brad Kremer.

Global X ETFs launches First Fixed Income ETF in Colombia

Retrieved on: 
Wednesday, March 20, 2024
Exchange-traded fund, J. P. Morgan, ETF, Poverty, ID, JPM, World Bank

NEW YORK and BOGOTÀ, Colombia, March 20, 2024 /PRNewswire/ -- Global X ETFs, the New York-based provider of exchange-traded funds (ETFs), today announced that the firm has launched Colombia's first ever fixed income ETF—the Colombian Public Debt Stock ETF (GXTESCOL).

Key Points: 
  • NEW YORK and BOGOTÀ, Colombia, March 20, 2024 /PRNewswire/ -- Global X ETFs, the New York-based provider of exchange-traded funds (ETFs), today announced that the firm has launched Colombia's first ever fixed income ETF—the Colombian Public Debt Stock ETF (GXTESCOL).
  • The launch follows an evaluation process in which Global X ETFs was selected as the fund manager by the Colombian Ministry of Finance.
  • "The launch of the Colombian Public Debt Stock ETF (GXTESCOL) is part of the World Bank's strategy to create a regional ID ETF in Latin America and then a global one for emerging countries.
  • "Global X is thrilled to provide investors with further access to the country's fixed income market" said Federico Torresi, Head of Latin American Sales at Global X ETFs.

Businessabc.net Rebrands From Openbusinesscouncil.org And Unveils The Top 10,000 Public Companies Market Cap integrating AI Blockchain Technologies

Retrieved on: 
Wednesday, March 20, 2024
Metaverse, Microsoft, Mastercard, Employment, Organization, University, Apple, PHD, VIP, Intelligence, Trust, World Bank Group, Meta, USAID, IDNA, United Nations, AI, IBM, Commerce, Identity theft, OECD, Fintech, LVMH, IP, Index, JPMorgan Chase, Patent, Privacy, World Bank, Digitalization, SME, Directory, Cryptocurrency

LONDON and NEW DELHI, March 20, 2024 /PRNewswire/ -- Businessabc.net, formerly openbusinesscouncil.org, is a global digital certification directory marketplace created for businesses worldwide. The Businessabc digital hub marketplace provides SMEs with B2B, B2C, or service marketplaces, chambers of commerce, trade corridors, digital supply chains, provenance tools, and multi-store e-commerce and partners.

Key Points: 
  • They are the main source of job creation globally, accounting for over 95% of the companies and about 60-70% of employment.
  • Digitalisation is a multi-faceted concept that involves the use and applications of a broad range of technologies, for different purposes.
  • "Businessabc.net stands out with its innovative service that leverages advanced technologies such as AI and blockchain to issue verifications that are matched with over 96 countries' companies houses.
  • With its rebranding, Businessabc.net introduces the Top 10,000 Public Companies Market Cap Index that offers valuable insights into the financial landscape.

Businessabc.net Rebrands From Openbusinesscouncil.org And Unveils The Top 10,000 Public Companies Market Cap integrating AI Blockchain Technologies

Retrieved on: 
Wednesday, March 20, 2024
Metaverse, Microsoft, Mastercard, Employment, Organization, University, Apple, PHD, VIP, Intelligence, Trust, World Bank Group, Meta, USAID, IDNA, United Nations, AI, IBM, Commerce, Identity theft, OECD, Fintech, LVMH, IP, Index, JPMorgan Chase, Patent, Privacy, World Bank, Digitalization, SME, Directory, Cryptocurrency

LONDON and NEW DELHI, March 20, 2024 /PRNewswire/ -- Businessabc.net, formerly openbusinesscouncil.org, is a global digital certification directory marketplace created for businesses worldwide. The Businessabc digital hub marketplace provides SMEs with B2B, B2C, or service marketplaces, chambers of commerce, trade corridors, digital supply chains, provenance tools, and multi-store e-commerce and partners.

Key Points: 
  • They are the main source of job creation globally, accounting for over 95% of the companies and about 60-70% of employment.
  • Digitalisation is a multi-faceted concept that involves the use and applications of a broad range of technologies, for different purposes.
  • "Businessabc.net stands out with its innovative service that leverages advanced technologies such as AI and blockchain to issue verifications that are matched with over 96 countries' companies houses.
  • With its rebranding, Businessabc.net introduces the Top 10,000 Public Companies Market Cap Index that offers valuable insights into the financial landscape.

United Risk Launches Applied Credit Underwriters to Target Credit and Political Risk Markets

Retrieved on: 
Tuesday, March 19, 2024
Health, Lloyd's of London, Hogg Robinson Group, Growth, COVID-19, Terrorism, Aspen, Insurance, MGU, Berkshire Hathaway, World Bank, Instability, MGA, African Trade Insurance Agency

OMAHA, Neb., March 19, 2024 /PRNewswire/ -- Looking toward increased market demand for leadership-level resources in the intensifying areas of credit and political risk, United Risk has launched a new division, Applied Credit Underwriters, to be led by sector veteran Bernie de Haldevang as CEO. Applied Credit Underwriters will focus aggressively on a portfolio mix of structured credit, contract frustrations, and political risks worldwide.

Key Points: 
  • Newly formed enterprise taps credit and political risk sector veteran, Bernie de Haldevang, as CEO
    OMAHA, Neb., March 19, 2024 /PRNewswire/ -- Looking toward increased market demand for leadership-level resources in the intensifying areas of credit and political risk, United Risk has launched a new division, Applied Credit Underwriters, to be led by sector veteran Bernie de Haldevang as CEO.
  • Applied Credit Underwriters will focus aggressively on a portfolio mix of structured credit, contract frustrations, and political risks worldwide.
  • Mr. Bernie de Haldevang assumes the top post at Applied Credit Underwriters, having served as Global Head of Specialty at Sompo Canopius where he was responsible for developing the group's political risk lines and reinvigorating its accident and health and casualty lines.
  • Applied Credit Underwriters is headquartered in London.

United Risk Launches Applied Credit Underwriters to Target Credit and Political Risk Markets

Retrieved on: 
Tuesday, March 19, 2024
Health, Lloyd's of London, Hogg Robinson Group, Growth, COVID-19, Terrorism, Aspen, Insurance, MGU, Berkshire Hathaway, World Bank, Instability, MGA, African Trade Insurance Agency

OMAHA, Neb., March 19, 2024 /PRNewswire/ -- Looking toward increased market demand for leadership-level resources in the intensifying areas of credit and political risk, United Risk has launched a new division, Applied Credit Underwriters, to be led by sector veteran Bernie de Haldevang as CEO. Applied Credit Underwriters will focus aggressively on a portfolio mix of structured credit, contract frustrations, and political risks worldwide.

Key Points: 
  • Newly formed enterprise taps credit and political risk sector veteran, Bernie de Haldevang, as CEO
    OMAHA, Neb., March 19, 2024 /PRNewswire/ -- Looking toward increased market demand for leadership-level resources in the intensifying areas of credit and political risk, United Risk has launched a new division, Applied Credit Underwriters, to be led by sector veteran Bernie de Haldevang as CEO.
  • Applied Credit Underwriters will focus aggressively on a portfolio mix of structured credit, contract frustrations, and political risks worldwide.
  • Mr. Bernie de Haldevang assumes the top post at Applied Credit Underwriters, having served as Global Head of Specialty at Sompo Canopius where he was responsible for developing the group's political risk lines and reinvigorating its accident and health and casualty lines.
  • Applied Credit Underwriters is headquartered in London.

Yonsei University Opens the Stage for Innovation and Collaboration for a Sustainable Future with GEEF 2024

Retrieved on: 
Monday, March 11, 2024
Domestic, Climate change, Mental health, Overcrowding, Foreign Affairs, United, Education, Public, Sustainable Development Goals, United Nations, Human rights, Policy, Research, AI, United Nations General Assembly, Yonsei University, Ban Ki-moon, Multimedia, World Bank, Sustainable development, Yale University, UN, Tourism

Over the past five years, this pivotal conference on Sustainable Development Goals (SDGs) has seen participation from over 10,000 individuals from up to 124 countries worldwide.

Key Points: 
  • Over the past five years, this pivotal conference on Sustainable Development Goals (SDGs) has seen participation from over 10,000 individuals from up to 124 countries worldwide.
  • These discussions aim to critically review our past approach to SDGs and forge substantial policies for the future.
  • Ban Ki-moon emphasized the forum's significance, stating, "GEEF will provide the opportunity for an inclusive and sustainable future by rebooting the SDGs.
  • GEEF 2024 will be held both online and offline at Yonsei University's Sinchon Campus and the official YouTube channel of the Institute for Global Engagement and Empowerment.

Yonsei University Opens the Stage for Innovation and Collaboration for a Sustainable Future with GEEF 2024

Retrieved on: 
Monday, March 11, 2024
Domestic, Climate change, Mental health, Overcrowding, Foreign Affairs, United, Education, Public, Sustainable Development Goals, United Nations, Human rights, Policy, Research, AI, United Nations General Assembly, Yonsei University, Ban Ki-moon, World Bank, Sustainable development, Yale University, UN, Tourism

Over the past five years, this pivotal conference on Sustainable Development Goals (SDGs) has seen participation from over 10,000 individuals from up to 124 countries worldwide.

Key Points: 
  • Over the past five years, this pivotal conference on Sustainable Development Goals (SDGs) has seen participation from over 10,000 individuals from up to 124 countries worldwide.
  • Ban Ki-moon emphasized the forum's significance, stating, "GEEF will provide the opportunity for an inclusive and sustainable future by rebooting the SDGs.
  • GEEF 2024 will be held both online and offline at Yonsei University's Sinchon Campus and the official YouTube channel of the Institute for Global Engagement and Empowerment.
  • Participants can register in advance through the official website ( http://www.geef-sd.org ) until March 8 or register on-site on the day of the event.