FIFA Clearing House was money laundering risk for NL banks: NOS DutchNews.nl on 5 de July, 2023 at 8:43
Dutch banks were reluctant to partner with a proposed FIFA Clearing House in the Netherlands so the multi-billion project went to Paris, according to NOS broadcaster. The body was set up to distribute around $400 million a year for clubs that train others but also to “promote financial transparency and integrity, and avoid fraudulent contact in the transfer system”. But NOS claims plans to set up in Amsterdam floundered because Dutch banks believed there was too great a risk of…
The US dollar slightly dipped against the Brazilian real to R$ 4.94 as market players awaited key US economic indicators and Federal Reserve Chair Jerome Powell’s upcoming speech. This minor decline reflects broader market hesitancy, with futures also seeing a decrease. This situation underscores the global financial community’s focus on the economic policies of leading […]
Mozal, a factory near Maputo, aims to hike its aluminum output by 40,000 tonnes this fiscal year. General Director Gil Cumaio states the new target is 578,000 tonnes, up from 538,000 last year. “Improved operations drive this growth,” says Cumaio. “Recent investments might also lift export levels.” Last year, the firm mostly shipped aluminum to […]
TF Agroeconômica says Brazil should sell more corn abroad and the goal is to add five million tons to the current 50 million tons forecast by Conab. This aligns with what the USDA expects. Brazil shipped 4.45 million tons from January to June. They sent another 9.25 million tons in August. About 9 million tons […]