The popularity of crypto assets is growing. The market value surpassed $2.5 trillion in early May before falling 40% and then recovering to $2.1 trillion by September 2021, according to the Global Financial Stability Report published last week by the International Monetary Fund.
The annual meetings of the World Bank and the International Monetary Fund take place every year in October. All the finest economic minds discuss, debate the future of the world economy. The two global institutions release data that reviews the state of the world economy and risks to future growth. This column has always advocated taking a big-picture view of things. Your search for information should begin with reports from the two institutions released last week. It does not get more significant than the analysis put out by the two institutions. There is an extensive media spotlight on the macro-economic aspects. Global growth is set to slow, and there are significant inflation risks for the world economy. If you start adopting crypto assets and use them instead of currency, you are contributing a potential threat to the financial stability in an economy, according to the IMF report.
Esta historia es de la edición October 18, 2021 de The Morning Standard.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 8500 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición October 18, 2021 de The Morning Standard.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 8500 revistas y periódicos.
Ya eres suscriptor? Conectar
Spinners Lift Kolkata's Knight At Home
Hosts’ tweakers Chakravarthy and Narine step up against DC to help team fetch maximum points at Eden Gardens
Sensex, Nifty Rally Over 1% On Buying In Banking Space
BACKED by strong buying in the banking space after big names reported robust March quarter earning numbers, domestic equity markets overcame the Monday blues with the benchmarks indices - BSE Sensex and the NSE Nifty50advancing more than 1% each.
Chhangte On The Scoresheet Again As Mumbai City March Into ISL Final
MUMBAI CITY FC booked a spot in the final after defeating FC Goa 2-0 (5-2 on aggregate) in the second leg of their semifinal fixture of the Indian Super League (ISL) on Monday.
Payment aggregator essential for internet economy: Cashfree CEO
PAYMENT aggregator (PA) as a service is very essential for the entire internet economy and payments are going to play a very major role, said Cashfree Payments CEO and co-founder Akash Sinha.
Bengaluru sees highest increase in rental yields
AMONG the top metro cities, IT-dominated Bengaluru had the highest rental yields at 4.45% in the first quarter of CY24 (Jan-Mar). Mumbai came next with 4.15% in the same quarter, followed by Gurugram at 4.1%, showed real estate consultancy firm Anarock data.
"No racial biases in Nestle products'
On sugar content in its food products, Narayanan says majority of sugars come naturally
Blinken asks Israel to boost Gaza humanitarian aid
Israeli officials concerned about possible ICC arrest warrants as pressure mounts over war
J’ khand parties prefer tried tested’ lawmakers
POLITICAL parties in Jharkhand prefer sitting MLAs as their candidates for the Lok Sabha polls. Be it the NDA or INDI-Alliance, they have been showing their confidence in the sitting MLAs on most of the Lok Sabha seats in the state.
CPM banks on Cong to open its account in Bengal blockbuster
Both INDIA bloc allies fighting elections in coalition against Mamata Banerjee’s TMC and a resurgent BJP in a state that was ruled by the Left Front for 34 years
Canadian envoy summoned over Trudeau speech
A Joshimath-type land sinking has taken place in the remote Pernote village in Raman district on the Srinagar-Jammu National Highway causing damage to over 50 houses and four electricity towers.
