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Tag: IMF

XRP Sinking? A Series Of Underperformance And Address Exodus

Ripple’s XRP has been struggling to regain its momentum, as its performance continues to lag behind that of its competitors in the crypto market. Recent...

Ripple’s XRP Could Be The Key To Gold-Backed Stablecoins Amid Potential Adoption By Global Banks

Advertisement &nbsp &nbsp Versan Aljarrah, the founder of Black Swan Capitalist and a well-known YouTuber,...

China’s biggest problem is a ‘lack of confidence,’ Standard Chartered CEO says

DUBAI, United Arab Emirates — China is facing a confidence deficit as its economy undergoes massive transition and concern grows over its ongoing property...

China’s Economy Hits Turbulence: 40% CSI 300 Drop & IMF Cuts

China’s CSI 300 index plunges 40% from 2021 highs amid economic challenges. Scepticism rises over China’s potential to surpass the US economy. Institute of International Finance...

The Week Ahead – Time for a Rebound – Orbex Forex Trading Blog

AUDUSD drops with decreased risk appetite The Australian dollar fell through a significant support zone as the market remains risk-off. The US dollar’s strength...

IMF expects new housing demand in China to drop by around 50% in the next decade

Pictured here is a real estate project under construction in Huai'an, China, on Jan. 21, 2024.Nurphoto | Nurphoto | Getty ImagesBEIJING — Demand for...

UPS to lay off 12,000 employees as it turns to AI for efficiency – TechStartups

Parcel delivery giant UPS announced on Tuesday that it plans to cut 12,000 jobs, representing approximately 2.5% of its global workforce. The company said...

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...

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...

CCAF and WEF Unveil 2024 Global Fintech Report at Davos

Report | Jan 18, 2024 Image: CCAF and WEF, 2024 Future of Global Fintech Report2024 Fintech Report: Resilience, Regulation, and Inclusive GrowthThe 2024 Global...

Will AI take our jobs? Davos is talking it over

The one question on leaders' minds as they debate the future of generative AI at this year's World Economic Forum in Davos is how...

IMF Warns AI May Impact 40% of Jobs, Increase Inequality

The International Monetary Fund (IMF) has released a new analysis indicating that artificial intelligence (AI) could impact nearly 40% of all jobs, potentially exacerbating...

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