Palestinian militant group Hamas uses a global financing network to funnel support from charities and friendly nations, passing cash through Gaza tunnels or using cryptocurrencies to bypass international sanctions, according to experts and officials. However, Hamas, which governs the Gaza Strip, wil...

Group of 20 finance chiefs agreed on a communique that didn’t mention the Israel-Hamas war, the latest sign of the forum’s struggle to address conflicts seen as threats to the global economy. The statement provided late on Thursday by the G-20 secretariat, which is helmed this year by India, com...

The Office of the Comptroller of the Currency’s (OCC) Committee on Bank Supervision (CBS) recently issued its annual Bank Supervision Operating Plan for FY 2024, which sets forth the OCC’s supervision priorities and objectives across CBS operating units.  The Plan also facilitates the execu...

The UN failed short of a US$10 billion target after the US and other wealthy nations failed to fulfil their climate finance pledges at a crucial climate financing conference held last week in Bonn, Germany. Last week’s Bonn conference on climate change witnessed a significant setback as the US and...

As New Mexico’s coffers continue to reap the benefits of a booming oil and gas industry, state government agencies are hoping to drill deep into the record-breaking revenues. Agencies representing about 44% of the state’s general fund spending are requesting an additional $890 million fo...

The former treasurer for a candidate for the U.S. House of Representatives pleaded guilty today to conspiring with a congressional candidate to commit wire fraud, make materially false statements, obstruct the administration of the Federal Election Commission (FEC), and commit aggravated identity th...

Deputy mayor Rajesh Mehta on Wednesday submitted his resignation to the mayor and commissioner from the post of vice-chairman (V-C) of the finance and contracts committee. Mehta said that he was being “ignored” by civic body officials. A house member from the Haryana Jan Chetna Party representin...