World News

Federal Bank Regulatory Agencies Seek Comment on Interagency Effort to Reduce Regulatory Burden

July 25, 2024/US Federal Reserve The federal bank regulatory agencies today announced their second notice requesting comment to reduce regulatory burden. The Economic Growth and Regulatory Paperwork Reduction Act of 1996 requires the Federal Financial Institutions Examination Council and federal bank regulatory agencies to review their regulations every 10 years […]

Adesina Briefs African Leaders on Bank’s Progress in Mobilizing Financial Resources for the Continent

The year began with the African Development Bank successfully launching a globally acclaimed landmark $750 million hybrid capital, the first ever by a multilateral financial institution July 23, 2024/AfDB The president of the African Development Bank Group, Dr. Akinwumi Adesina, has outlined the Bank’s successes in mobilizing financial resources for […]

CO Calls for Urgent Discussions with Member States, Digital Experts to Address Recent Global IT Outage’s Implications

To capture lessons learned and plan way forward July 23, 2024/Aetoswire The Digital Cooperation Organization’s (DCO) General Secretariat said in a statement that it will hold urgent discussions with its Member States and digital economy experts to address the implications of the global IT outage that disrupted vital operations around […]