World News

Fed Announces Pricing, Effective January 1, 2025, for Payment Services the Federal Reserve Banks Provide to Banks and Credit Unions

November 22, 2024/US Federal Reserve The Federal Reserve Board on Friday announced pricing, effective January 1, 2025, for payment services the Federal Reserve Banks provide to banks and credit unions, such as the clearing of checks, automated clearing house (ACH) transactions, instant payments, and wholesale payment and settlement services. By […]

OPEC Fund for International Development First sustainability-Linked Financing to Boost Agriculture in Africa

The financing will enhance ETG’s working capital, strengthen food systems and support the livelihoods of more than 600,000 smallholder farmers across sub-Saharan Africa November 21, 2024/OPEC Fund The OPEC Fund for International Development (the OPEC Fund) (www.OPECFund.org) has signed a US$40 million loan as part of a US$394 million sustainability-linked […]

SEC Chair Gensler to Depart Agency on January 20

Gensler implemented reforms to enhance efficiency, resiliency, and integrity in U.S. capital markets; agency held wrongdoers accountable and returned billions to harmed investors. November 21, 2024/US SEC The Securities and Exchange Commission today announced that its 33rd Chair, Gary Gensler, will step down from the Commission effective at 12:00 pm […]