Tag: IMF
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Billionaire Tim Draper Predicts El Salvador’s Bitcoin Investment To Propel Nation into Global Wealth Rankings
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Renowned venture capitalist Tim Draper has predicted that El Salvador’s investment in...
Leonardo CEO Highlights User Stupidity Over AI Threats
Leonardo CEO Roberto Cingolani at Davos expressed concerns over human misuse of AI, emphasizing the need for better control over technology.
Roberto Cingolani, the CEO...
America on Eve of Banking Crisis, Warns Ex-IMF Official, With Hundreds of Lenders at Risk of Failure – The Daily Hodl
A former IMF official believes the U.S. Federal Reserve has pushed America to the brink of another banking crisis.
Desmond Lachman, who was deputy director...
Digital Offerings like BaaS to Contribute Over 40% of APAC Banking Revenue By 2030 – Fintech Singapore
Banks in Asia-Pacific (APAC) are diversifying their offerings and embracing innovative digital strategies including super-app platforms, financial marketplaces and banking-as-a-service (BaaS) models.
By 2030, these...
Ripple’s XRP Could Be The Key To Gold-Backed Stablecoins Amid Potential Adoption By Global Banks
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Versan Aljarrah, the founder of Black Swan Capitalist and a well-known YouTuber,...
The US Is Not Doing Enough to Get Ready for the Impact of AI
Former presidential candidate Andrew Yang has discussed the risks associated with artificial intelligence (AI).
Andrew Yang, the former Democratic presidential candidate, spoke to Fox News...
2024 Economic Forecast: U.S. Outperforms as Global Inflation Eases
As 2024 unfolds, the global economy is embracing a wave of optimism, marked by diminishing inflation and resilient growth that has surpassed expectations. Among...
El Salvador’s Bitcoin-Friendly President Nayib Bukele Wins Re-Election
In 2021, El Salvador became the first nation to adopt the largest cryptocurrency as legal tender, developed and introduced a crypto wallet Chivo to...
Regulatory Challenges Impede Web3 Advancements in Africa
Cartesi’s Jathin Jagannath highlights regulatory challenges hindering web3 growth in Africa, stressing the need for clarity to spur adoption and innovation in the continent’s...
17th Asian Financial Forum opens today
The 17th AFF, themed Multilateral Cooperation for a Shared Tomorrow, is taking place at the HKCEC for two consecutive days. It is expected to attract...
IMF Says AI Will Upend Jobs and Boost Inequality. MIT CSAIL Says Not Fast.
The impact that AI could have on the economy is a hot topic following rapid advances in the technology. But two recent reports present...
WEF Survey: AI and Geopolitics to Worsen Global Economy
Economists predict slowed global growth due to geopolitical strife and tight financing, while AI advancements are expected to increase inequality, according to a Davos...