US
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Cooperatives & Communities
Norinchukin Bank’s losses expected to grow to US$ 9.5bln
TOKYO, June 29, 2024 – Norinchukin Bank is expected to report US$ 9.5 billion [1.5 trillion yen] in net losses for the current fiscal year, about triple the projection given less than…
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News
EUDR: US demands delay to protect food businesses
BRUSSELS, June 24, 2024 – The US government has reportedly urged the European Union [EU] to delay its Deforestation Regulation [EUDR], which is set to come into force in December, because the…
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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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Cooperatives & Communities
PCCA marks 70 years of service, innovation
TEXAS, September 27, 2023 – Plain Cotton Conservative Association [ PCCA ] members and industry leaders gathered at the organisation’s 70th Annual Meeting to celebrate 70 years of service to not only…
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International
Fishermen in Alaska urged to form coops to help manage Pacific cod stocks
NEW YORK – US federal agency National Oceanic and Atmospheric Administration Fisheries [NOAA] has asked Alaskan fishermen to form cooperatives to improve the management of Pacific cod stocks. NOAA says cod is…
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International
US banks downgraded on worsening outlook
NEW YORK – Global ratings firm Moody’s early this week downgraded several mid-sized US banks, warning that the credit strength of lenders will likely be tested by funding risks and weaker profits,…
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Health
TASO commissions revamped health facilities in Teso
SOROTI-The Aids Support Organisation [ TASO ] on Thursday commissioned and handed over six renovated health facilities in Teso Sub-region at a cost of Shs 932 million. The facilities that were handed…
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International
US top 100 co-ops had joint turnover of US$ 255bln in 2021, report says
WASHINGTON-The top 100 co-ops in the US had joint turnover of US$ 255 billion in 2021, according to a report from National Cooperative Bank [NCB], marking an increase of 11 percent from…
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International
US co-ops get US$ 170,000 for work in low-income communities
CALIFORNIA-Five US co-ops have been awarded a total of US$ 170,000 from a fund to increase co-op development in low-income communities and communities of colour. The 2022 winners of the annual Capital…
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Cooperatives & Communities
US co-ops react to passage of Inflation Reduction Act
WASHINGTON DC-Co-operatives in the USA have welcomed the recent adoption of the Inflation Reduction Act by the House of Representatives on 12 August. Passed with 220 votes to 207, the bill aims…
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