Economic integration

Japan Credit Rating Agency affirms CABEI's international credit risk rating of "AA", with a stable outlook

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Thursday, April 27, 2023

CABEI, COVID-19, Institution, Japan Credit Rating Agency, Republic, Korea, South Korea, Integration, Economic development, Bank, Economic integration, Transformative Innovation for Development and Emergency Support, Credit, JCR, Central American Bank for Economic Integration

TEGUCIGALPA, Honduras, April 27, 2023 /PRNewswire/ -- The Japan Credit Rating Agency (JCR) affirmed the long-term international risk rating of the Central American Bank for Economic Integration (CABEI) at "AA"; with a stable outlook.

Key Points:

TEGUCIGALPA, Honduras, April 27, 2023 /PRNewswire/ -- The Japan Credit Rating Agency (JCR) affirmed the long-term international risk rating of the Central American Bank for Economic Integration (CABEI) at "AA"; with a stable outlook.
According to JCR's official statement, the Bank's credit rating is based on the solid support from its member countries, its preferred creditor status, and sound financial structure and ample liquidity.
CABEI not only retains ample liquidity based on its prudent financial rules but also maintains its financial soundness by diversifying its funding sources.
In this regard, he emphasized the importance of continuing to incorporate member countries with high credit ratings to continue improving the Bank's rating, and thus enhance the channeling of resources to the Central American region in stable and competitive financial conditions.

CABEI Executive President Dr. Dante Mossi Speaks On Nicaragua’s Economic Development In a Conversation at The Inter-American Dialogue

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Monday, March 20, 2023

CSIS, Inter-American Dialogue, CABEI, Dialogue, Programmer, Quality of life, Investment, Economic integration, Central American Bank for Economic Integration, Drug

CABEI Executive Director Dr. Dante Mossi spoke about the organization’s mission and its role in funding projects in Nicaragua and engaged in an important conversation about the bank’s responsibilities to its members.

Key Points:

CABEI Executive Director Dr. Dante Mossi spoke about the organization’s mission and its role in funding projects in Nicaragua and engaged in an important conversation about the bank’s responsibilities to its members.
Dr. Mossi’s conversation with Berg and Orozco over concerns of the organization’s ties to the Nicaraguan government has brought about avenues for CABEI, CSIS, and The Dialogue to collaborate for change.
“For the first time, Central America can make decisions on its own,” said Dr. Mossi.
Dr. Mossi added: “People see CABEI as the one to criticize, rather than the one to work with.

Central American Bank for Economic Integration and the U.S. Trade and Development Agency will work to boost trade and cooperation in the region

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Thursday, March 16, 2023

Bank, Capacity building, Central American Bank for Economic Integration, Economic integration, Partnership, United States Trade and Development Agency, Integration, CABEI, Speech, Area studies, Aid, USTDA, Drug

Washington, D.C., March 16, 2023 (GLOBE NEWSWIRE) -- In order to facilitate cooperation and the development of projects to benefit the countries of the region, the Central American Bank for Economic Integration (CABEI) and the United States Trade and Development Agency (USTDA) signed a memorandum of understanding that will strengthen economic, trade and investment relations.

Key Points:

Washington, D.C., March 16, 2023 (GLOBE NEWSWIRE) -- In order to facilitate cooperation and the development of projects to benefit the countries of the region, the Central American Bank for Economic Integration (CABEI) and the United States Trade and Development Agency (USTDA) signed a memorandum of understanding that will strengthen economic, trade and investment relations.
The agreement was signed by CABEI's Executive President, Dr. Dante Mossi, and the Director of the U.S. Trade and Development Agency, Enoh T. Ebong.
USTDA links U.S. businesses to export opportunities by funding project preparation and partnership-building activities that develop sustainable infrastructure and foster economic growth in partner countries.
Together with its member countries, CABEI works to identify opportunities for attracting investment in strategic sectors, such as sustainable mobility, blue economy, innovation, and technology linked to the trade sector.

Central American Bank for Economic Integration Announces Plans to Finance Millions in Electric Mobility

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Thursday, November 24, 2022

WASHINGTON, Nov. 23, 2022 /PRNewswire/ --This week, the Central American Bank for Economic Integration (CABEI) announced plans to finance millions in electric vehicle (EV) investments in Central America.The announcement took place during their event, CABEI Business Forum 2022: Introducing Electric Mobility in Central America, which featured Assistant Secretary of State Geoffrey Pyatt, Bureau of Energy Resources, and leading US companies in the transportation sector.

Key Points:

WASHINGTON, Nov. 23, 2022 /PRNewswire/ --This week, the Central American Bank for Economic Integration (CABEI) announced plans to finance millions in electric vehicle (EV) investments in Central America.The announcement took place during their event, CABEI Business Forum 2022: Introducing Electric Mobility in Central America, which featured Assistant Secretary of State Geoffrey Pyatt, Bureau of Energy Resources, and leading US companies in the transportation sector.
"Today's forum will help make the investment connections needed to bring more EVs to Central America."
"The Central American region holds incredible promise for the adoption of electric vehicles," said Marianne McInerney, Chief Marketing Officer of Cenntro Automotive.
The Central American Bank for Economic Integration (CABEI) focuses its efforts on the development of key sectors that allow economic, social, and environmental development.

ClimateCoin Announces Javier Manzanares of Green Climate Fund as New Co-CEO

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Monday, April 11, 2022

MIAMI, April 11, 2022 /PRNewswire/ -- ClimateCoin, the creator of the world's first regulated digital carbon asset, today announced Javier Manzanares as co-CEO of the company. He will share the title and responsibilities with Pedro Ramón López García, Co-Founder of ClimateCoin and ClimateTrade. The addition of Manzanares will enable ClimateCoin to further expand into the U.S. market and deliver the environmental, financial, and societal benefits of ClimateCoin to a global base of companies, organizations, and individual investors.

Key Points:

In addition to leading ClimateCoin, Manzanares is also a member of the ClimateTrade Advisory Board.
He comes to ClimateCoin from the Green Climate Fund where he served as deputy executive director for eight years, supporting the efforts of developing countries in responding to climate change.
The company aims to unleash a global investment movement to neutralize and reverse Earth's climate threat by democratizing climate finance.
The event will feature keynote remarks from ClimateCoin co-CEOs Javier Manzanares and Pedro Ramn Lpez Garca as well as Miami Mayor Francis X. Suarez.

New, environmental nonprofit Delterra adopts McKinsey.org’s Rethinking Recycling as its first flagship initiative

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Monday, October 11, 2021

McKinsey & Company, Plastic, Company, Income, Partnership, Coordinating Ministry for Human Development and Cultural Affairs, Waste management, GLOBE, Woman, CEO, City, Recycling, Solution, Cooperative, Economic integration, Sale, Organization, Airline

Washington, DC, Oct. 11, 2021 (GLOBE NEWSWIRE) -- Today the new, independent environmental nonprofit Delterra announced it is adopting Rethinking Recycling as the organizations first flagship initiative.

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Washington, DC, Oct. 11, 2021 (GLOBE NEWSWIRE) -- Today the new, independent environmental nonprofit Delterra announced it is adopting Rethinking Recycling as the organizations first flagship initiative.
Over the last three years underMcKinsey.orgsstewardship, Rethinking Recycling has built rapidly scalable, self-sustaining recycling ecosystems in Indonesia and Argentina, including solutions for plastics and organic waste.
We are thrilled that our Rethinking Recycling programs will continue to operate in our new home, Delterra.
As Rethinking Recycling transitions out of McKinsey.org to Delterra, McKinsey & Company will continue our support of this initiative and the nonprofit.

Highlights - AIDA - IMCO joint exchange of views with Commission Executive Vice-President Vestager - Special Committee on Artificial Intelligence in a Digital Age

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Wednesday, May 26, 2021

Organizations, Legislatures, Articles, Economic integration, European Union law, Margrethe Vestager, Regulation (EU) No. 305/2011, European Single Market, European Union

On Wednesday 2 June 16.30-18.00 AIDA and IMCO members will hold a joint exchange of views with Commission Executive Vice-President Margrethe Vestager, notably on the recent Commission proposal for a Regulation laying down harmonised rules on artificial intelligence, the "AI Act".

Key Points:

On Wednesday 2 June 16.30-18.00 AIDA and IMCO members will hold a joint exchange of views with Commission Executive Vice-President Margrethe Vestager, notably on the recent Commission proposal for a Regulation laying down harmonised rules on artificial intelligence, the "AI Act".
The proposal suggests new rules and actions aiming to turn the European single market into a global hub for trustworthy AI.
This combination of the first-ever legal framework on AI and a new Coordinated Plan with Member States aims to guarantee the safety and fundamental rights of people and businesses, while strengthening AI uptake in the single market, investment and innovation across the EU.
The meeting will be webstreamed.

GCC E-Learning Market Report 2021-2025: Focus on Corporate, K-12 Education, & Higher Education - ResearchAndMarkets.com

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Wednesday, May 5, 2021

Continuing, University, Primary, Secondary, Training, Education, Articles, Software, Foreign relations, Economic integration, Gaming, Gulf Cooperation Council, Pan-Arabism, Educational technology, Gamification, Economic growth, GNU Compiler Collection

b'The "E-Learning Market in GCC Countries 2021-2025" report has been added to ResearchAndMarkets.com\'s offering.\nThe e-learning market in GCC countries is poised to grow by $569.04 million during 2021-2025, progressing at a CAGR of almost 11%\nThis study identifies the introduction of gamification as one of the prime reasons driving the e-learning market growth in GCC countries during the next few years.

Key Points:

b'The "E-Learning Market in GCC Countries 2021-2025" report has been added to ResearchAndMarkets.com\'s offering.\nThe e-learning market in GCC countries is poised to grow by $569.04 million during 2021-2025, progressing at a CAGR of almost 11%\nThis study identifies the introduction of gamification as one of the prime reasons driving the e-learning market growth in GCC countries during the next few years.
Also, evolving learning methodologies and increasing foothold of IB curriculum educational institutions will lead to sizable demand in the market.\nThe report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
This is to help companies strategize and leverage all forthcoming growth opportunities.\nThe study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry.
The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.\n'

Council adopts position on €4.2 billion Single Market programme for 2021-2027

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Saturday, April 24, 2021

Organizations, Articles, Continents, European Union law, Economy of the European Union, Economic integration, European Single Market, European Union

The Council today adopted its first reading position on the proposed regulation establishing the EU Single Market programme for the years 2021 to 2027.

Key Points:

The Council today adopted its first reading position on the proposed regulation establishing the EU Single Market programme for the years 2021 to 2027.
This follows up on a deal reached last December with the European Parliament that paves the way for the swift adoption of the draft regulation at second reading.
The main objective of the Single Market programme is to enable citizens, consumers, businesses and public authorities throughout the EU to take full advantage of the market integration.
To that effect, it promotes actions aiming to:
The programme brings together activities previously financed under six different programmes.

Isabelle Vaillant speaks at the Institute for International and European Affairs event

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Monday, March 22, 2021

European Union, Economy of Europe, Economy, Economic integration, European Banking union, European Union law, Eurozone, Bank

Isabelle Vaillant, Director of the Prudential Regulation and Supervisory Policy department at the EBA, provided a regulatory perspective on the reforms that are required to complete the banking union at a webinar on Completing the Banking Union: next steps and challenges ahead, organised by the Institute for International and European Affairs.

Key Points:

Isabelle Vaillant, Director of the Prudential Regulation and Supervisory Policy department at the EBA, provided a regulatory perspective on the reforms that are required to complete the banking union at a webinar on Completing the Banking Union: next steps and challenges ahead, organised by the Institute for International and European Affairs.
In her speech, Isabelle Vaillant, highlighted the importance of the reforms carried out in the period after the Global Financial Crisis and how a decade of work and strengthening of the framework has contributed to a more stable EU banking system.