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Weekly Roundup – 7/19/14: Can’t we all just get along?
In a week marked by conflict and tragedy on the global stage, the financial world experienced its share of both. And though this was balanced with a fair amount of good news, even the positive developments sparked discord. We explore these issues in this weekly roundup.
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On Capitol Hill, a brief simulation of what poor Americans go through each day
U.S. Rep. Daniel Kildee (D-Mich.) had just finished voting on highway construction funding before he was rushed to a meeting room and thrust into the anxiety-ridden world of Ann and Albert.
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International Reform Activists Dissatisfied by BRICS Bank
FORTALEZA, Brazil, Jul 17 2014 (IPS) - The creation of BRICS’ (Brazil, Russia, India, China and South Africa) own financial institutions was “a disappointment” for activists from the five countries, meeting in this northeastern Brazilian city after the group’s leaders concluded their sixth annual summit here.
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Rwanda: Why Farmers Are Loyal to Micro-Finance Institutions
Rwandans have hailed the role of micro-finance institutions just as Kigali is hosting a global financial inclusion summit starting today.
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- Agriculture
- Region
- Sub-Saharan Africa
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A Supply Chain Overhaul To Boost Coffee Farmers’ Income 400%
This is about a social enterprise on a mission to reinvent the coffee supply chain, giving farmers a bigger and more equitable piece of the action.
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- Agriculture
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Indian government to set up credit guarantee fund to support Rs 40,000-crore Financial Inclusion Mission
NEW DELHI: The government will set up a credit guarantee fund to support its over Rs 40,000-crore new Financial Inclusion Mission, which envisages to give a Rs 5,000 overdraft facility to around 8 crore new account holders.
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- South Asia
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Safaricom move to open up M-pesa agent network seen to aid mobile money services
Safaricom's move last week to allow agents for its M-pesa mobile money service to work for rival operators is broadly being viewed as having the potential to further fuel the growth of such services.
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- Technology
- Region
- Sub-Saharan Africa
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RBI spells out draft norms to set up payments banks, small banks in India
The Reserve Bank of India (RBI) on Thursday spelled out draft norms to set up payments banks and small banks in India that will give a major push for financial inclusion, or the process of spreading banking services in the un-banked segments, in Asia’s third largest economy.
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- South Asia
