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Challenging World, Capable Bank: CBBH has Thrived Despite Litany of Disorder on International Stage
The Central Bank of Bosnia and Herzegovina (CBBH) started operating in 1997 as the sole institution responsible for issuing currency and monetary policy in the country. Its objective is to maintain the stability of the domestic currency, the convertible marka,
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Sri Lanka: Recovery, Redemption & Re-Birth
Ranil Wickremesinghe, Sri Lanka’s most resilient and experienced politician, was gifted his country’s presidency by his political opponents, just as his nation had been declared bankrupt. Although critics question his legitimacy to be Head of State as he lacks a
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Big Slowdown in Chinese Economy Calls for Tweaks to ‘Rebalancing’
Chinese economic figures released August 1 show a slowdown in growth. New Omicron outbreaks — in the context of the zero-Covid policy — the housing slump and heat waves have been decelerating the nation’s pace. This is another step in
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Africa’s Post-Pandemic Challenges Require Bold and Direct Responses
Gerald Ndosi considers the essentials of trade finance in Sub-Saharan African economies — amid post-pandemic chaos and Russia-Ukraine conflict… Covid-19 hit Africa hard; there was a sharp decrease in global trade and a rapid contraction of economic output. The International
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UN Chief: Countries Bound for COP27 Must Make Climate Action ‘The Top Global Priority’
As government representatives begin the finalize the agenda for the COP27 climate change conference in Egypt next month, for pre-COP planning in the Democratic Republic of the Congo capital, Kinshasa, Secretary-General António Guterres told journalists in New York that the work ahead is
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Dollar Dominance: Greenback Will Endure Current Hardships
Financial sanctions on Russia after its invasion of Ukraine sparked speculation that the weaponisation of access to reserves in dollars, euros, pounds, and yen would spark a division in the international monetary order. China would strengthen its international payments system
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BVI Finance: One Country’s Role in the Ongoing Globalisation Story
BVI Finance is the voice of the British Virgin Islands’ financial services industry. Here chief executive Elise Donovan gives CFI.co readers a glimpse of a globalised, co-operative future… One of the topics under discussion at this year’s World Economic Forum
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IMF: Turbulence and the Lessons of History
Opportunities are born of crisis, but the lines that connect them are far from direct Events of recent years, and most recently the COVID-19 pandemic and the war in Ukraine, have forced all of us to confront some of the
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Tightening Financial Conditions Bring Impacts to Asset Values
In the first half of this year, US stock markets suffered a fall not seen in more than 50 years. The S&P 500 index on Thursday June 30 was more than 20 percent down compared to January, a drop not
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Quantitative Tightening and Capital Flows to Emerging Markets
In its May 15th meeting, the Federal Open Market Committee (FOMC) of the U.S. Federal Reserve (Fed) lifted its benchmark policy rate by 0.75% to 1.50%–1.75%, the most significant increase since 1994. The central bank also signaled an additional increase
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