Browsing: u.s.

The U.S. International Development Finance Corporation (DFC) announced it has committed a record $12 billion in investments for the fiscal year 2024, focusing on projects designed to improve living conditions and spur economic development across the developing world. The funds are aimed at expanding access to essential resources such as food, energy, healthcare, and infrastructure in regions spanning Africa, Latin America, the Indo-Pacific, and the Middle East. In 2024 alone, the DFC supported projects in 44 countries and now boasts a portfolio encompassing over 110 nations. This year’s new commitments are projected to benefit hundreds of thousands worldwide, financing 450,000…

A new global study has revealed significant anxiety among U.S. businesses regarding their compliance with the Corporate Transparency Act (CTA). Research conducted by CSC, a leading provider of global business administration and compliance solutions, shows that a staggering 83% of senior legal and compliance executives are worried about their organisation’s adherence to the CTA. Furthermore, 76% believe the Act is causing widespread concern among U.S. businesses as a whole. Remarkably, only 1% of those surveyed report no concerns about their CTA compliance. The CTA, which came into effect on January 1, 2024, aims to enhance national security and combat corruption,…