International
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Paraguay: A small country and a cooperative giant
ASUNCION-Paraguay, this small country in the South of Latin America with only seven million inhabitants hides a dynamic and growing cooperative sector. 11.7 percent of the financial-banking sector corresponds to the cooperative…
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British Columbia’s co-op sector gets financial boost from government
The provincial government of British Columbia, Canada, has announced a CA$2 million [about US$ 1.6mln] investment to support the development and growth of co-operatives. The British Columbia Co-operative Association [BCCA] and its…
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Theme for this year’s International Credit Union Day theme announced
WISCONSIN-World Council of Credit Unions [Woccu] has released official posters and logos for the day, which will be celebrated on October 20, 2022. This year’s International Credit Union [ICU] Day takes the theme Empower…
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Draft amendments don’t align with Co-op Principles on many points: NCUI
NEW DELHI– Reacting to the draft amendments to Multi-State Cooperative Societies [MSCS] Act 2002, circulated to the national federations in India by the Ministry of Cooperation, several representatives of member institutions of…
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Professional co-operators introduce guidelines to root out co-operative quacks
NAIROBI-Kenya Society of Professional Co-operators [KSPC], a sector professional organisation in the cooperative movement of Kenya, has come up with regulation guidelines that seek to root out cooperative quacks, Sacco Review reports. According…
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Co-op Group announces job cuts as inflation bites
MANCHESTER– The Co-op Group is cutting 400 jobs at its Angel Square headquarters in Manchester, United Kingdom, blaming tough trading conditions and rising inflation. The Group, which employs 63,000 people including 4,000 at…
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US electric co-ops to benefit from broadband support
WASHINGTON, DC – The National Rural Electric Cooperative Association [NRECA] has launched a service for electric co-ops that provide broadband or are considering offering it, says Coop News. The NRECA Broadband service is available…
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Fairtrade partnership deploys satellite monitoring tool to combat deforestation in Africa
ACCRA– A project using satellite tech to monitor deforestation and assess environmental vulnerability was launched by Fairtrade International, Fairtrade Africa, and non-profit organisation Earthworm Foundation. According to regional news agencies, the pilot project, which uses…
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Co‑ops help tackle mental health issues experienced by young people-new report
LONDON– Offering Hope to Future Generations, a new report from trade body Co-operatives UK, finds that mental health, job security, career prospects, a lack of control over working lives, and climate change…
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Reserves managers face up to tough investment environment
KAMPALA- Most central bank reserves managers are resigned to a period of higher inflation and lower returns, according to a report published today by the global think tank- Official Monetary and Financial…
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