Tackling the diversity problem in fintechs
While the incumbent banking industry has made some progress on gender diversity, there is still much to be done in the world of fintechs.
Source: thebanker.com
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Top News In Official Monetary Today - Breaking & Trending Today
Dollarization Can Lead to 'Economic Contraction and Collapse' of Argentine Economy
The U.S. chairperson of the Official Monetary and Financial Institutions Forum (OMFIF) has characterized the Argentinian presidential hopeful’s plan to fully…
Source: biztoc.com
Complete Dollarization Can Lead To Economic Collapse in Argentina
Without an escape strategy, Javier Milei's unusual policy suggestions of dollarization can lead to economic collapse in Argentina.
Source: techstory.in
Does Fitch's Downgrade of U.S. Debt Really Matter? | Council on Foreign Relations
The ratings agency’s decision will have no consequences for the U.S. dollar’s global role, but it highlights the country’s darkening fiscal outlook and governance challenges.
Source: cfr.org
The imperative of US-China dialogue on global issues
U.S. Treasury Secretary Janet Yellen recently visited China and met with senior Chinese economic and political officials. Mark Sobel, U.S. chairman of the Official Monetary and Financial Institutions Forum, reflects on her trip, and says U.S.-China dialogue on economic and other global issues is imperative. “I believe that if the world’s two largest economies … aren’t talking,” Sobel says, “whether they agree or not, that’s a very bad thing for themselves and the world.”
Source: brookings.edu