ukraine
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News
WOCCU President advocates for credit unions in visit to Ukraine
MADISON, Wis., September 19, 2024 —World Council of Credit Unions [WOCCU] President and CEO Elissa McCarter LaBorde recently met with representatives from the National Bank of Ukraine [NBU] in Kyiv, Ukraine, to…
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International
WOCCU to boost credit union business lending in Ukraine through USAID GROW Project
MADISON, Wis., August 6, 2024 — The World Council of Credit Unions [ WOCCU ] will continue its work to strengthen credit unions in Ukraine by helping them provide more business lending…
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Opinions & Commentary
Geopolitical risks continue to loom over central bank FX reserves
LONDON, May 19, 2024 – Two surveys of central bank foreign exchange reserve managers have been published in recent weeks – both of which highlighted that geopolitical risks were now considered to…
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News
Rice and oilseed outputs forecast to peak as wheat and maize face decline – new report
KAMPALA, June 14, 2024 – The UN Food and Agriculture Organisation [FAO] projects that the world’s major food commodities will be in “adequate supply” in 2024 and 2025. But the organisation warns…
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News
War-torn Ukraine earns free-trade deal to protect its agri-food sector
BRUSSELS, May 14, 2024 – The European Council [EC] has approved the suspension of import duties and quotas on Ukrainian and Moldovan exports to the EU for another year as part of…
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Africa
Resource-rich Africa has no excuse to remain poor, says AfDB boss
ABUJA, November 30, 2023 – With US$ 6.2 trillion worth of natural resources, 65 percent of the world’s uncultivated arable land, and a vibrant youth population, Africa has no excuse to be…
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East Africa
Burundi, Kenya get IMF loans to support economic growth
WASHINGTON – The International Monetary Fund [IMF] days ago approved US$ 271 million loan to Burundi under Extended Credit Facility [ECF] arrangement, with US$ 62.6mln ready for disbursement immediately. According to the…
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International
Global economy’s “speed limit” set to fall to three-decade low
WASHINGTON – The global economy’s “speed limit”—the maximum long-term rate at which it can grow without sparking inflation—is set to slump to a three-decade low by 2030. An ambitious policy push is…
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International
NCUT creates bank account to help cooperatives affected by earthquakes in Turkey
LONDON – The National Cooperative Union of Turkey [NCUT] has opened a bank account to provide assistance to member cooperatives affected by the recent earthquakes in Turkey. This follows the request of…
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International
Ukrainian cooperative movement still needs more help as war escalates
BRUSSELS-The Cooperative Movement in war-ravaged Ukraine still needs more help, according to the International Cooperative Alliance [ICA] which has contacted Illia Gorokhovskyi, COOP Ukraine’s chairman. ICA says it recently contacted Gorokhovsky to…
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