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LEAWOOD, Kan., Dec. 17, 2024 (GLOBE NEWSWIRE) -- Euronet Worldwide, Inc. (NASDAQ: EEFT), a leading global electronic payments provider and distributor, today announced the Company has amended its unsecured revolving credit facility to increase the facility from $1.25 billion to $1.90 billion. The Company also extended the maturity date by five years from December 17, 2024, to December 17, 2029, with a syndicate of domestic and international financial institutions. The amended credit facility includes a multi-currency borrowing tranche totaling $1.685 billion and a USD borrowing tranche totaling $215 million. The amended facility also removes the credit spread adjustment on SOFR and SONIA borrowings. All other terms remain substantially the same as the existing credit facility. “We are pleased that all our banking partners continued to support our business, most at increased commitment levels. We are equally pleased to have several new banking partners join the facility, which will provide capital flexibility in banking services in areas that are important to our expansion,” stated Rick Weller, Executive Vice President and Chief Financial Officer of Euronet Worldwide, Inc. “The increased capacity will allow us the flexibility to grow the business to continue to deliver year-over-year double-digit growth rates and ultimately deliver additional value to our shareholders.” About Euronet Worldwide, Inc. Starting in Central Europe in 1994 and growing to a global real-time digital and cash payments network with millions of touchpoints today, Euronet now moves money in all the ways consumers and businesses depend upon. This includes money transfers, credit/debit card processing, ATMs, POS services, branded payments, foreign currency exchange and more. With products and services in more than 200 countries and territories provided through its own brand and branded business segments, Euronet and its financial technologies and networks make participation in the global economy easier, faster and more secure for everyone. A leading global financial technology solutions and payments provider, Euronet has developed an extensive global payments network that includes 55,292 installed ATMs, approximately 949,000 EFT POS terminals and a growing portfolio of outsourced debit and credit card services which are under management in 113 countries; card software solutions; a prepaid processing network of approximately 766,000 POS terminals at approximately 348,000 retailer locations in 64 countries; and a global money transfer network of approximately 595,000 locations serving 198 countries and territories. Euronet serves clients from its corporate headquarters in Leawood, Kansas, USA, and 67 worldwide offices. For more information, please visit the Company's website at www.euronetworldwide.com . Forward-Looking Statements Statements contained in this news release that concern Euronet's or its management's intentions, expectations, or predictions of future performance, are forward-looking statements. Euronet's actual results may vary materially from those anticipated in such forward-looking statements as a result of a number of factors, including: conditions in world financial markets and general economic conditions, including impacts from the COVID-19 or other pandemics; inflation; the war in the Ukraine and the related economic sanctions; military conflicts in the Middle East; our ability to successfully integrate any acquired operations; economic conditions in specific countries and regions; technological developments affecting the market for our products and services; our ability to successfully introduce new products and services; foreign currency exchange rate fluctuations; the effects of any breach of our computer systems or those of our customers or vendors, including our financial processing networks or those of other third parties; interruptions in any of our systems or those of our vendors or other third parties; our ability to renew existing contracts at profitable rates; changes in fees payable for transactions performed for cards bearing international logos or over switching networks such as card transactions on ATMs; our ability to comply with increasingly stringent regulatory requirements, including anti-money laundering, anti-terrorism, anti-bribery, consumer and data protection and privacy; changes in laws and regulations affecting our business, including tax and immigration laws and any laws regulating payments, including dynamic currency conversion transactions; changes in our relationships with, or in fees charged by, our business partners; competition; the outcome of claims and other loss contingencies affecting Euronet; the cost of borrowing (including fluctuations in interest rates), availability of credit and terms of and compliance with debt covenants; and renewal of sources of funding as they expire and the availability of replacement funding. These risks and other risks are described in the Company's filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Copies of these filings may be obtained via the SEC's Edgar website or by contacting the Company. Any forward-looking statements made in this release speak only as of the date of this release. Except as may be required by law, Euronet does not intend to update these forward-looking statements and undertakes no duty to any person to provide any such update under any circumstances. The Company regularly posts important information to the investor relations section of its website.ROSEN, A LEADING NATIONAL FIRM, Encourages ASP Isotopes Inc. Investors To Secure Counsel Before Important Deadline In Securities Class Action - ASPI
Republican senators demand an end to science and tech cooperation with China WASHINGTON (AP) — A group of Republican senators is demanding that the Biden administration revoke a science and technology agreement with China, barely a week after the two countries renewed cooperation for five more years to keep ties from deterior Didi Tang, The Associated Press Dec 19, 2024 2:17 PM Dec 19, 2024 2:20 PM Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message WASHINGTON (AP) — A group of Republican senators is demanding that the Biden administration revoke a science and technology agreement with China, barely a week after the two countries renewed cooperation for five more years to keep ties from deteriorating. In a letter Thursday to Secretary of State Antony Blinken, the lawmakers, led by Sen. Jim Risch, the ranking member of the Senate Foreign Relations Committee, said the era in which such cooperation made sense “is long gone" and the extension only “opens the door for further cooptation of American research.” The renewal of the agreement just before President Joe Biden leaves office “denies the incoming administration a chance to weigh in on this highly controversial agreement," they said, urging the administration to “reverse course.” In addition to Risch, the letter was signed by Sens. John Barrasso, Pete Ricketts, Todd Young and Bill Hagerty. The first such agreement was signed in January 1979 when the two countries established diplomatic ties to counter the influence of the Soviet Union and when China severely lagged behind the U.S. and other Western nations in science and technology. The agreement was extended in 2018, and it was given temporary extensions last year and this year to allow for negotiations as the tech war between the two countries has escalated. The State Department has said the new agreement has a narrower scope and more guardrails to protect U.S. interests, including covering only basic research and not facilitating the development of critical and emerging technologies. The Republican senators said they had “deep concerns” that those measures were not sufficient to protect intellectual property and prevent illicit transfer of knowledge. The State Department did not immediately respond to a request for comment on the letter Thursday. Deborah Seligsohn, assistant professor of political science at Villanova University, said the U.S. stands to lose more if it cuts off science and technology cooperation with Beijing. “The irony is that as China has become our peer, we have so much more to gain from working with Chinese science than we did in earlier eras, and yet at this moment, when we have the most to gain, there is a demand that we shut the door,” she said. Didi Tang, The Associated Press See a typo/mistake? Have a story/tip? This has been shared 0 times 0 Shares Share by Email Share on Facebook Share on X Share on LinkedIn Print Share via Text Message Get your daily Victoria news briefing Email Sign Up More Science News Amazon workers are striking at multiple delivery hubs. Here's what you should know Dec 19, 2024 1:57 PM Health Minister Mark Holland on Australia’s social media ban, AI and RFK Jr. Dec 19, 2024 1:05 PM Blinken announces aid for Sudan and talks about AI risks at UN Security Council Dec 19, 2024 12:59 PMThe Founder of the MOK Foundation, Quantity Surveyor Muyideen Okunlola Kayode, has enjoined the three tiers of government in Nigeria to strengthen collaboration with private individuals and organisations involved in grassroots philanthropy to address the socio-economic challenges the nation is grappling with. Kayode made this call while delivering a keynote address at the Strategic Media Seminar organised by the Nigeria Union of Journalists (NUJ), Sobi FM Chapel, on Friday in Ilorin, the Kwara State capital. He noted that, while government-driven social investment programmes such as the National Social Investment Programme (NSIP) have been instrumental in supporting a huge vulnerable population, significant gaps still remain, leaving many underserved. He said: “Despite Nigeria being Africa’s largest economy, we still grapple with poverty, inequality, and social injustice. “Government programmes, though well-intentioned, cannot sufficiently cater to the needs of all vulnerable groups. This is where private grassroots philanthropy becomes essential.” Kayode, who said that grassroots philanthropic voluntary contributions from individuals and organisations had been filling the void left by government programmes, lamented that the lack of synergy between government initiatives and private efforts often leads to inefficiencies and duplications. The Keynote Speaker, however, emphasised the critical role of the media in bridging these gaps, urging journalists to amplify the needs of underserved populations, facilitate collaboration between stakeholders, and hold both government and private philanthropists accountable. “The media has a watchdog role that ensures transparency and effectiveness in social investment programmes. By fostering public awareness and facilitating dialogue among stakeholders, the media can create a platform for impactful collaborations,” he stated. Kayode, who revealed how his MOK Foundation has assisted over 29,000 people in Kwara State over the past 18 months, said his foundation has leveraged local and mainstream media platforms to publicise its activities, ensuring that the public remains informed and engaged. “The MOK Foundation was born out of a desire to alleviate the financial burdens of individuals and groups. The media has been instrumental in amplifying our efforts, and we look forward to a sustained partnership with media strategists,” he said. Kayode urged the government to actively engage with private philanthropists to develop coordinated frameworks that maximise impact, said “collaboration between government programmes and grassroots philanthropists will reduce duplication and inefficiencies, creating a more just and equitable society”. He called on all stakeholders, including the media, to play their roles in creating a society where no one is left behind. “Together, we can bridge the gap between government programmes and private philanthropic gestures for the collective good of Nigerians,” he added.By JESSE BEDAYN, Associated Press/Report for America COLORADO SPRINGS, Colo. (AP) — The owners of a Colorado funeral home accused of piling 190 bodies inside a room-temperature building and giving the grieving relatives fake ashes pleaded guilty Friday to corpse abuse as aggrieved families looked on in court. Jon and Carie Hallford, who own the Return to Nature Funeral Home, began storing bodies in a decrepit building near Colorado Springs as far back as 2019 and gave families dry concrete in place of cremated remains, according to the charges. The grim discovery last year upended families’ grieving processes. Over the years, the Hallfords spent extravagantly , prosecutors say. They used customers’ money and nearly $900,000 in pandemic relief funds to buy laser body sculpting, fancy cars, trips to Las Vegas and Florida, $31,000 in cryptocurrency and other luxury items, according to court records. Last month, the Hallfords pleaded guilty to federal fraud charges in an agreement in which they acknowledged defrauding customers and the federal government. The two have been charged with more than 200 charges of corpse abuse, theft, forgery and money laundering in state court. Jon Hallford is represented by the public defenders office, which does not comment on cases. Carie Hallford’s attorney, Michael Stuzynski, declined to comment. Over four years, customers of Return to Nature spread what they thought were their loves ones’ ashes in meaningful locations, sometimes a plane’s flight away . Others carried their urns on cross-country road trips or held them tight at home . The bodies, which prosecutors say were improperly stored, were discovered last year when neighbors reported a stench coming from a building in the small town of Penrose, southwest of Colorado Springs. Related Articles National News | Social Security tackles overpayment ‘injustices,’ but problems remain National News | California case is the first confirmed bird flu infection in a US child National News | Another E. coli recall: falafel bites from Florida, California and 16 other states National News | US budget airlines are struggling. Will pursuing premium passengers solve their problems? National News | Hyundai, Kia recall over 208,000 electric vehicles to fix problem that can cause loss of power Authorities found bodies stacked atop each other, some swarming with insects. Among them were remains too decayed for visual identification. The building was so toxic that responders had to wear hazmat gear and could remain inside only for brief periods. The discovery of the bodies at Return to Nature prompted state legislators to strengthen what had been among the laxest funeral home regulations in the country. Unlike most states, Colorado didn’t require routine inspections of funeral homes or credentials for the businesses’ operators. This year, lawmakers brought Colorado’s regulations up to par with most other states, largely with support from the funeral home industry. Bedayn is a corps member for the Associated Press/Report for America Statehouse News Initiative. Report for America is a nonprofit national service program that places journalists in local newsrooms to report on undercovered issues. Click to share on Facebook (Opens in new window) Click to share on X (Opens in new window) Most Popular Trump chooses Pam Bondi for attorney general pick after Gaetz withdraws Trump chooses Pam Bondi for attorney general pick after Gaetz withdraws Meet the Fort Monroe Authority’s new CEO Meet the Fort Monroe Authority’s new CEO Court documents: 3-year-old grabbed dad’s gun off kitchen counter and accidentally shot himself Court documents: 3-year-old grabbed dad’s gun off kitchen counter and accidentally shot himself Army-Navy 2024: Navy specialty uniforms to honor Jolly Rogers aviation squadron Army-Navy 2024: Navy specialty uniforms to honor Jolly Rogers aviation squadron Here’s what development around the Virginia Beach Convention Center could look like Here’s what development around the Virginia Beach Convention Center could look like 2 injured after vehicle failed to stop at Suffolk railroad crossing, police say 2 injured after vehicle failed to stop at Suffolk railroad crossing, police say Newport News’ first Saladworks combines former doctor’s passions for health and business Newport News’ first Saladworks combines former doctor’s passions for health and business Bike shop in Midtown Row rebrands, coffee shops celebrate and more business news from the Historic Triangle Bike shop in Midtown Row rebrands, coffee shops celebrate and more business news from the Historic Triangle Virginia live election results Virginia live election results Entertainment venue Uptown Alley no longer coming to Williamsburg Entertainment venue Uptown Alley no longer coming to Williamsburg Trending Nationally Castle Rock school bus driver who left 40 kids at busy intersection “didn’t know what to do” A ‘horrific accident’: 2 deputies who died, 1 injured in Palm Beach County crash identified Illinois high court overturns Jussie Smollett’s convictions in allegedly staged hate crime San Diego toddler’s backyard snake bite bills totaled more than a quarter-million dollars Trump chooses Pam Bondi for attorney general pick after Gaetz withdraws
With a new year comes an opportunity to address the future. I would like to pose some questions about what may happen in 2025. Few predictions since I am a born pessimist. The most significant question about 2025 that is on the minds of most is how the second Trump administration will fare. Same questions for our divided Congress. Even though it is four years away, will we begin to see national candidates start to test the Iowa waters? Then there are questions that are Iowa-centric. One question on the minds of Iowans is whether Gov. Kim Reynolds will run again in 2026. I have watched politicians for many years now. Running for office is a grueling exercise and the only thing more grueling may be serving. Mathematically, about half of your constituents think everything you do is wrong. Plus, you sacrifice your privacy. I saw Gov. Reynolds at the Iowa State Fair in August along with a bevy of children and grandchildren. She passed by me like any other fairgoer and I didn’t see anyone stop her to shake her hand. That was a rare day for someone who is a staple of Iowa politics. I give my fellow Iowans credit for allowing her the room to have a private life. I wouldn’t blame her for hanging it up, but I don’t think anyone has that answer yet. Iowa has a new Lieutenant Governor, Chris Cournoyer. Cournoyer is in her 50s and already has had an interesting and diverse career. I look forward to seeing what she does in the new office. I don’t think it will be limited to ribbon cuttings, even though that is an important way to find out what’s going on in the state. State Auditor Rob Sand has said he will make up his mind soon about what office he wants to run for in 2026 as a Democrat candidate. Will he choose a third term as auditor or will he run for governor? I will predict that we will see candidates emerge from the Democrat side of the aisle pretty soon, especially should Gov. Reynolds decide not to run for a third term. We have battle-seasoned Congressional candidates, including Christina Bohanon and Rita Hart over on the eastern side of the state, along with Ryan Melton from the 4th District. Will they care to run for a state office? A new, even more Republican, General Assembly will convene in January. One issue legislators plan to tackle is property tax relief. High property taxes are a perpetual concern of Iowans and their elected representatives. I am no expert on city finances, but I don’t know that there is room for much reduction in local government costs. City and school taxes mainly pay for public safety and students. Will the state pick up part of the local tax bill? Or try to pass additional laws limiting the amounts local governments can collect? Maybe there will be an effort to allocate these costs differently. This will not be an easy discussion. U.S. Sen. Joni Ernst is up for re-election in 2026. Will she run? I don’t think any prognosticator seriously believes this is her last term. Who will be her Democrat challenger? Will she be primaried? All open questions. Turning to even more local matters, 2025 is a city and school board election year. Sioux Citians love to complain about city services and their city officials, but not too many of them run for this paid job that comes with health benefits. Will incumbents Dan Moore, Matthew O’Kane and Alex Watters run again? If they do, will there be serious challengers able to raise the financial and shoe leather resources needed to unseat any of the incumbents? There have been one-term council members over the years, but more recently we have been willing to re-elect our council incumbents when they choose to run again. Only Mr. O’Kane is a first termer this time. We also will elect three school board members. The departure of Paul Gausman as superintendent has not ended controversy with the school board. Will the three current members up for re-election — Jan George, Dan Greenwell and Bob Michaelson — run again, or will their tenure end because they envisioned the good old days when citizens and board members thought what the administration did was satisfactory? If so, who will step up and run? Finally, turning away from politics. Will the Warming Shelter meet funding and operational goals and remain open? Calls for the assistance of first responders from the shelter this year are only half of what they were last year, reflecting operational and training changes. And, lastly, will there be twice as many churches participating in the 2025 Tour of Steeples that raised money for the Warming Shelter and Food Bank after the success of the initial tour this year? All questions to ponder as the year turns. Suzan Stewart is a retired corporate attorney. During the 40 years she has lived in Sioux City, she has been involved in a variety of local and state volunteer activities, including serving as chair of the Woodbury County Republican Party. She and her husband, Dr. Bob Stewart, are the parents of four children and have six grandchildren. (tncms-asset)dd578574-ab0c-5ef6-bc29-c715a4dcce8d[0](/tncms-asset)Huffman reflects on Issue 1 campaign
President Akufo-Addo Calls for Peaceful and Dignified Voting Ahead of Ghana’s 2024 Elections
Wiikwemkoong Unceded Territories has taken a significant step toward energy sustainability with the launch of a groundbreaking Electric Vehicle (EV) infrastructure project. Approved by Wiikwemkoong Leadership, this initiative combines cutting-edge technology and renewable energy to benefit the community and environment. In collaboration with Vortex Technology Group and supported by key funding programs, the project includes the installation of Level 2 and Level 3 EV chargers alongside a revolutionary Battery Energy Storage Solution (BESS) at the community’s Recreational Complex. The launch event on November 27, 2024, was celebrated by Ogimaah Ominika and Vortex CEO Brian Walters. Ogimaah Ominika remarked, “When private sector companies partner and invest with Indigenous communities, the outcomes benefit technology, the environment, and the people.” The Vortex BESS technology, central to this initiative, offers unique advantages over traditional lithium-ion systems. Utilizing graphene-based, solid-state cells, the batteries are safer, longer-lasting, and faster-charging. They integrate seamlessly with the complex’s rooftop solar array, enabling EV charging and critical power supplies even during outages. This innovative design reflects Wiikwemkoong’s commitment to green energy and resilience. The project has been made possible through partnerships and funding from the IESO Indigenous Energy Support Program (IESP), NRCAN’s ZEVIP program, and in-kind contributions from Vortex. The IESP has supported over 170 Indigenous communities with $74 million since its inception, funding initiatives in renewable energy, storage systems, and microgrid development.The program underscores the role of Indigenous leadership in driving Ontario’s energy transition. Brian Walters highlighted, “This installation showcases how our technology can enhance EV charging and emergency power systems, reinforcing Wiikwemkoong’s leadership in sustainable innovation.” The project is more than infrastructure—it’s a vision for the future. The 24/7 accessible chargers will attract visitors to explore Wiikwemkoong’s cultural and ecological offerings while supporting a shift to cleaner transportation. By commissioning the chargers in mid-2025, the community will further its goals of environmental stewardship and energy independence. Wiikwemkoong’s initiative sets a national example, blending green innovation with cultural leadership to create lasting benefits for its people and the planet. -30- No media for this storyCybersecurity for regional Australians: Protecting your digital presenceAmazon investing another $10 billion in Ohio-based data centers