Topics: Financial Crisis

Why there are no large scale implementations of Blockchain in Supply Chain Financing

Supply chain financing (SCF) is becoming increasingly important, particularly given the rising interest rates and lack of liquidity. However, SCF in its current form...

Prioritizing inclusive economic growth and resilience against economic shocks

Considering the rapidly evolving global economy, inclusive economic growth, and resilience against unforeseen economic shocks are extremely crucial. This dedication to equitable prosperity and adaptability...

Public-Private Partnership Proposed to Unlock £225 Bn UK Financial Services Growth

The City of London Corporation has proposed establishing a public-private partnership to oversee a 10-year growth strategy for UK financial and professional services. This...
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IMF projects global economy growth at minus 3 in 2020

As the world is going through the huge economy fallout due to the coronavirus outbreak, the International Monetary Fund on Tuesday projected global economy...

Reports: Goldman Sachs to raise $8 bn in its second buyout fund

Goldman Sachs Group Inc plans to raise $8 billion in only its second buyout fund since the 2008 financial crisis, bolstering its ability to...

IMF Chief Kristalina Georgieva says, “Global debt surges record-high to $188 trillion”

The global debt load has surged to a new all-time record equivalent to more than double the world's economic output, IMF chief Kristalina Georgieva...
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DHFL proposes draft resolution plan to convert debt to equity

India's crisis-hit shadow bank Dewan Housing Finance (DHFL) has submitted a draft resolution plan proposing to convert debt to equity while seeking to sell...

Cash-strapped Pakistan to miss IMF’s Rs 75 billion tax refund condition

Cash-strapped Pakistan is set to miss the International Monetary Fund's condition to refund Rs 75 billion to taxpayers in the first quarter despite an...

Ex-PM Manmohan Singh says, “No, hope of becoming a $5 trillion economy, if the growth keeps going down.”

Former Prime Minister Manmohan Singh on September 12 said there was no hope of Modi government's promise of $5 trillion economy becoming a reality...
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UK retail sales surge by 1% in June

British retail sales rebounded unexpectedly in June, according to official data that may raise hope the economy will sidestep a downturn in the second...

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