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CBDCs could hugely improve cross-border payments – ECB’s Bindseil

Instant, cheap, universal and securely settled cross-border payments could become a reality in the next decade, European Central Bank officials have said. Central bank-issued digital currency combined with domestic payment systems could deliver this, Ulrich Bindseil and George Pantelopoulos argued in a paper published by the ECB. “The holy grail of cross-border payments can be...

Outer space talks are a welcome addition to the US-Africa Leaders Summit

President Joe Biden is hosting the Second US-Africa Leaders Summit in mid-December 2022. The focus will be on eight areas: economic engagement; peace, security and good governance; democracy and human rights; regional and global health security (including recovery from COVID-19 and pandemic preparedness); food security; climate change; diaspora ties; and education and youth leadership. Of...

Oil edges up from lows on Chinese demand hopes, tanker delays By Reuters

© Reuters. Oil pours out of a spout from Edwin Drake’s original 1859 well that launched the modern petroleum industry at the Drake Well Museum and Park in Titusville, Pennsylvania U.S., October 5, 2017. REUTERS/Brendan McDermid/Files By Alex Lawler LONDON (Reuters) -Oil edged up on Wednesday after earlier fell close to its lowest in 2022,...

IMF

IMF / Board Approves US$88.3 Million in Emergency Financing Support to Malawi IMF

IMF / Board Approves US$88.3 Million in Emergency Financing Support to Malawi

The Executive Board of the International Monetary Fund (IMF) approved today a disbursement of US$88.327 million (SDR 69.40 million) to Malawi under the new Food Shock Window of the Rapid Credit Facility. Malawi is the first low-income country to make use of the Food Shock Window since it was adopted by the Executive Board last...

Techno

The case for an EU AI Agency

In November, the co-rapporteurs of the AI Act proposed the creation of an AI Office. Despite budgetary concerns, an AI […] The post The case for an EU AI Agency appeared first on European DIGITAL SME Alliance. by : Giorgos Verdi on 2022-12-05 12:38:41 Source link #case #Agency

Leveraging the potential of innovative SMEs and start-ups to make Europe sustainable and resilient

Today, the European DIGITAL SME Alliance organised its General Assembly setting out a new vision for Innovation Made in Europe. […] The post Leveraging the potential of innovative SMEs and start-ups to make Europe sustainable and resilient appeared first on European DIGITAL SME Alliance. by : Antonio Grasso on 2022-11-24 12:00:23 Source link #Leveraging #potential...

Two new staff members join the DIGITAL SME’s Brussels secretariat

Two new professionals will boost our team. Welcome, Antonio and Maria! Europe’s 25 million European SMEs employ almost 100 million people […] The post Two new staff members join the DIGITAL SME’s Brussels secretariat appeared first on European DIGITAL SME Alliance. by : Fulin Low on 2022-11-15 12:07:06 Source link #staff #members #join #DIGITAL #SMEs #Brussels...

“SMEs participation is key for a successful and inclusive European Standardisation System that promotes EU values”: the SBS ICT Forum 2022

On 29 September, the SBS ICT Forum on “Digital Sovereignty” brought together high-level policymakers, standardisation experts, and tech businesses to […] The post “SMEs participation is key for a successful and inclusive European Standardisation System that promotes EU values”: the SBS ICT Forum 2022 appeared first on European DIGITAL SME Alliance. by : Omar Dhaher...

Economy

Keynote speech by EVP Vestager at the IBEC conference.

European Commission Speech Dublin, 30 Sep 2022 “Harvesting the fruits of the digital age” Introduction Dia dhuit, It’s a great pleasure to be here in Dublin – an old Viking city. Tomorrow is the first day of… by : European Commission on 2022-09-30 12:30:07 Source link #Keynote #speech #EVP #Vestager #IBEC #conference

State aid: Commission approves aid to support the resolution of the Polish Getin Noble Bank S.A.

European Commission Press release Brussels, 01 Oct 2022 The European Commission has approved, under EU State aid rules, several support measures in the context of the resolution of the Polish Getin Noble Bank S.A. by : European Commission on 2022-10-01 06:54:08 Source link #State #aid #Commission #approves #aid #support #resolution #Polish #Getin #Noble #Bank #S.A

Scaling up sustainable finance in low and middle-income countries: High-Level Expert Group kick-starts work

European Commission Press release Brussels, 27 Sep 2022 The High-Level Expert Group (HLEG) on scaling up sustainable finance in low and middle-income countries meets in Brussels today for the first time by : European Commission on 2022-09-26 22:00:00 Source link #Scaling #sustainable #finance #middleincome #countries #HighLevel #Expert #Group #kickstarts #work

World

la notation financière régionale en monnaie locale face à Moody’s, S&P et Fitch

(Agence Ecofin) – Alors que les Etats de l’UEMOA recourent de plus en plus aux marchés financiers, la question du risque de crédit revient au cœur de l’actualité. Face aux mauvaises notes des grandes agences internationales, les Etats ont compris l’intérêt de se faire noter en monnaie locale et pas seulement en devises. Vendredi 21...

Open Acess Data Centres lance la première phase de son centre de données de Lagos au Nigeria

(Agence Ecofin) – Les investissements se multiplient sur le marché africain des centres de données alors que la demande en services de cloud et de collocation s’accélère au même titre que la transformation numérique. Tout comme OADC, la société Africa Data centres prévoit d’investir 500 millions $ sur le marché en deux ans.  L’opérateur de centre...