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Economics, Policy & Regulation

The Philippines: New Central Bank Governor To Be Tested Early

Eli Remolona’s appointment has been welcomed by analysts who point to his significant international experience at the Federal Reserve Bank of New York and the Bank for International Settlements.

Economics, Policy & Regulation

Reserve Bank Of Australia Names Next Governor

Michele Bullock's appointment as Reserve Bank of Australia governor was welcomed by the country's business and banking sectors.

Economics, Policy & Regulation

US Federal Reserve Joins Real-Time Payment Club

The Fed has launched FedNow and early adopters include 41 financial institutions, 15 third-party service providers and the US Treasury Department.

Technology

Threads Vs. Twitter: A New Rivalry Is Born

Meta CEO Mark Zuckerberg launched Threads in a bid to exploit user dissatisfaction with Elon Musk's Twitter and quickly signed up 100 million users in its first week.

Economics, Policy & Regulation

IMF Accepts Argentina’s Debt Repayment In Yuan

Along with India’s recent use of the Chinese currency to buy Russian oil, Argentina’s move is an example of the global economy's de-dollarization.

Capital Raising & Corporate Finance

PGA Tour Board Member Pleads with Colleagues: Reconsider Saudi Deal

Just as the US Senate prepares to talk golf on Capitol Hill, one PGA exec is urging his fellow directors to “evaluate alternative sources of capital.”

Banking

GCC Supplement 2023: Saudi Banking Boom

From infrastructure and SMEs to fintech, a thriving banking sector is taking a major role in the kingdom’s economic overhaul.

Capital Raising & Corporate Finance

Qatar’s Purchase Of Manchester United Stalls Due To Family Drama

Upheaval among the football club’s owners, and angry fans, puts a $6 billion-plus deal at stake.

Emerging & Frontier Markets

Central Bank Governor Out As Nigeria Shifts To Floating Exchange Rate

The move, which economists deem positive, is a prelude to needed monetary reform.

Economics, Policy & Regulation

Arab League Hears Pitches For Multipolar Politics

Syria returns to the Arab League as Ukrainain PresidentVolodymyr Zelenskyy asks Arab nations to use their ties with Russia to end the war in Ukraine.

Technology

Brazil And Visa Test Digital Currency For Financing Farmers

By providing a secure platform for tokenizing traditional financing documents into “on-chain” tradable nonfungible tokens, Visa’s solution will enable farmers to receive loans with customized terms.

Transaction Banking

China: Price War Among Cloud Providers A Boon To Buyers

The pricing moves come as China’s economy makes a cautious recovery following the relaxation of strict Covid-19 restrictions.