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Total assets, shares and deposits, and membership at federally insured credit unions declined at the median over the year ending in the second quarter of 2024, while loans outstanding increased, according to the latest Quarterly U.S. Map Review released today by the National Credit Union Administration (NCUA).

USCIS opens new field office in Quito

U.S. Citizenship and Immigration Services (USCIS) has inaugurated a new field office in Quito, Ecuador.

Binance gives Vietnam users impacted by Typhoon Yagi $50 worth of BNB

Binance Charity announced it will airdrop up to $1 million in Binance Coin (BNB) to registered Binance users identified as living in areas in Northern Vietnam that were devasaid by Typhoon Yagi.

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Rep. Hill: 'The Nigerian government must understand that the continued wrongful detention of Tigran is putting our relationship in jeopardy'

Arkansas State Rep. French Hill has called for stronger U.S. action in securing the release of Tigran Gambaryan, a former IRS crypto investigator detained in Nigeria for six months. Hill warned that Nigeria’s wrongful detention of Gambaryan is jeopardizing U.S.-Nigeria relations and urged President Biden to engage directly to resolve the situation.

Binance Labs invests in OpenEden

Binance Labs, the venture capital and incubation arm of Binance, has invested in OpenEden, a platform focused on the tokenization of real-world assets (RWA).

Executive Director of Vapor Technology Association: The ‘Center for Tobacco Products created a flawed and broken PMTA process'

By Globe Banner | Sep 15, 2024

Tony Abboud, executive director of the Vapor Technology Association, expressed strong disagreement with the FDA’s Center for Tobacco Products' rulings against e-cigarettes in favor of traditional tobacco products. Abboud made this statement publicly on September 10.

Financial Conduct Authority: Valuations must be ‘robust and reliable’ for investor trust

By Globe Banner | Sep 14, 2024

The Financial Conduct Authority (FCA), who conducted a review of private market valuations in 2024, said valuations have to be “robust and reliable in all market conditions” in order to maintain the trust of investors.

Deloitte announces AI’s impact on private equity valuations

Deloitte announced that AI is expected to significantly enhance the portfolio valuation process. This technology is anticipated to increase the frequency and efficiency of portfolio valuations.

Global report urges investment in healthy longevity amid rapid demographic shifts

Global aging represents a significant achievement in development, with adults over 60 being the fastest-growing demographic worldwide. This demographic shift will influence labor markets, immigration policies, healthcare systems, social protection frameworks, and economies. Rapidly aging societies must develop adaptable strategies focusing on marginalized groups, particularly women who often live longer with non-communicable diseases (NCDs) and chronic illnesses while bearing most caregiving responsibilities.

World Bank approves $100 million loan for rural roads improvement in Ecuador's Guayas Province

Washington, D.C., September 13, 2024 - The World Bank Board of Directors has approved a new loan to support rural road improvement in Guayas Province, Ecuador.

World Bank partners with Qatar on global educational initiatives

The World Bank, Qatar, and the global foundation Education Above All have announced a partnership focused on expanding quality access to education worldwide. Successive global challenges in recent years have led to an increase in out-of-school children and youth and a massive global learning deficit. Countries are urgently seeking solutions and the needed finance to reverse current education trends. The agreements mark a key step in driving forward new partnerships that can expand impact for the global education agenda.

DG Okonjo-Iweala discusses global trade resilience with shipping industry leaders

The Director-General emphasized the resilience of global trade despite the challenges posed by the COVID-19 pandemic, climate issues, inflation, and geopolitical tensions. She acknowledged the industry's efforts to mitigate and navigate unexpected changes.

World Bank unveils strategy targeting job creation & climate resilience in Panama

The new 2024-2028 Country Partnership Framework (CPF) with the Republic of Panama aims to address three key areas, focusing on long-term economic growth and improving people's well-being.

Bulgaria renews partnership with World Bank Group focusing on sustainability

SOFIA, September 12, 2024—The World Bank Group’s Board of Executive Directors today discussed the new Country Partnership Framework (CPF) FY25-29 for Bulgaria, aiming at enhancing competitiveness and social inclusion while promoting a low-carbon and more sustainable economy.

WTO announces winner of 2024 essay award for young economists

The World Trade Organization (WTO) has announced Carlos Góes as the winner of the 2024 Essay Award for Young Economists. Góes's paper examines the mechanisms through which trade integration can lead to product innovation.

World Bank approves $6.39 million grant for reducing pollution in Black Sea

The World Bank has approved a $6.39 million grant from the Global Environment Facility (GEF) for the Blueing the Black Sea (BBSEA) GEF Regional Project. This initiative aims to assist governments and the private sector in Georgia, Moldova, Türkiye, and Ukraine in reducing pollution in the Black Sea. The United Nations Office for Project Services (UNOPS) will be the recipient and implementing entity of the project.

World Bank report highlights potential benefits of investing in healthy longevity

By 2050, one in three people will be over 60 years old. With bold action to promote healthy longevity, developing countries could save 150 million lives and extend millions more, according to a new World Bank report. Saved health care costs, healthier lifestyles, increased workforce productivity, and lower public expenditure on social services would also generate enormous economic value.

U.S. Congressman on Nigeria's imprisonment of former federal agent: 'they’re putting our relationship on the line'

U.S. Representative French Hill said that the Nigerian government is jeopardizing its relationship with the United States due to its treatment of Tigran Gambaryan, a former U.S. federal agent and current Binance employee. Hill shared his statement during a Foreign Affairs Committee hearing on September 11.

World Bank outlines new strategy for sustainable growth in Montenegro

The World Bank Group's Board of Executive Directors has discussed a new Country Partnership Framework (CPF) for Montenegro, covering the period from 2025 to 2029. This strategy is designed to support sustainable economic growth and enhance climate resilience as Montenegro continues its efforts toward European Union accession.

U.S. marks 23rd anniversary of Inter-American Democratic Charter amid democracy challenges