International
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New Zealand: The Cooperative Bank shares US$ 2.5mln profit with customers
WELLINGTON – The Cooperative Bank recently forked out US$2.5 million in rebates to customers across New Zealand. The Wellington-headquartered bank is 100 percent-owned by its customers, who are shareholders, and is also…
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US$ 9.9mln Bezos grant for virtual fencing to combat climate change
NEW YORK – The Bezos Earth Fund has awarded US$ 9.9 million to the Cornell University College of Agriculture and Life Sciences [CALS] to support a project developing low-cost virtual livestock fencing that would benefit farmers…
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UNWTO members meet to rethink agenda for African tourism
PORT LOUIS – Tourism leaders from across Africa have met to rethink and realign the sector’s role as a driver of development and opportunity across the region. At the 66th meeting of…
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Canadian credit unions are number one choice for small businesses, global conference hears
VANCOUVER – Credit unions’ cooperative principles and values-based services are what has set Canadian credit unions apart from other financial institutions, the leader of the Canadian Credit Union Association [CCUA] recently told attendees at…
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Tenants rally in Hamilton to convert rental building to a coop
ONTARIO – The tenants of 272 Caroline Street South in Hamilton are uniting to maintain the affordability of the 21-unit building by converting it into coop housing. The residents and supporters –…
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Value of mutual collaboration to promote sustainable development recognised at HLPF
NEW YORK – The Committee for the Promotion and Advancement of Cooperatives [COPAC] organised, in collaboration with the Permanent Mission of Mongolia to the United Nations, a Voluntary National Review Lab [VNR Lab],…
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U.S. coop expands its portfolio with power plant purchase
WASHINGTON DC – The acquisition of a private-equity-owned combined cycle power plant is the latest step that Rayburn Electric Cooperative [EC]has taken to meet the current and future needs of more than 500,000 Texans…
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Australian consumers benefit from mutuals keen to challenge big end of town, BCCM says
SYDNEY – The Business Council of Co-operatives and Mutuals [ BCCM ] has said the ongoing expansion by its members in the financial services sector will provide added benefits to consumers and…
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Recap: ICA sectoral organisations set plans for current year
BRUSSELS – In the past month, several of the International Cooperative Alliance [ICA] sectoral organisations held their annual meetings. These meetings, according to ICA, represent the moment for members to evaluate the…
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Jeroen Douglas appointed as new Director General of ICA
BRUSSELS – The International Cooperative Alliance Board has appointed Jeroen Douglas as its new Director General. Douglas will succeed Bruno Roelants who retired in February 2023. The Search Committee, with the support…
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