increasing-the-speed-security-and-affordability-of-cross-border-payments-for-financial-institutions

Increasing the speed, security, and affordability of cross-border payments for financial institutions

Global finance is changing at a fast rate, and in the midst of this change is the effort to make cross-border payments speedier, safer, and cheaper. The demand for real-time payments augments the need to modernize infrastructure, and thus financial institutions face pretty stiff pressure. These financial institutions utilize state-of-the-art technology like blockchain, AI, and…

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the-pentagon-anticipates-billions-to-be-invested-in-small-firms-if-investors-are-licensed-by-the-sba

The Pentagon anticipates billions to be invested in small firms if investors are licensed by the SBA

The U.S. Pentagon, in collaboration with the Small Business Administration (SBA), is set to inject billions of dollars into small businesses after all new investor licensing from the SBA, especially under the Small Business Investment Company Critical Technologies Initiative (SBICCT). This exciting move further seeks to strengthen national security, which is achieved in tandem with…

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as-traders-consider-us-rates-and-the-election-stocks-decline-as-the-dollar-and-gold-soar

As traders consider US rates and the election, stocks decline as the dollar and gold soar

Global stock markets reeled Monday with uncertainty casting a long shadow over U.S. interest rates and the forthcoming 2024 presidential election. Investors, already skittish about sustained high rates by the Federal Reserve, were given added reasons to fear a vulnerable U.S. economy by political risks and data. Meanwhile, the dollar tightened and gold prices soared…

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us-deficit-surpasses-dollar18-trillion-as-debt-interest-rises-above-the-trillion-dollar-threshold

U.S. deficit surpasses $1.8 trillion as debt interest rises above the trillion-dollar threshold

For a very long time, politicians and economists have expressed their concerns regarding the US government deficit. Currently, with a predicted amount of nearly $1.8 trillion for this fiscal year 2024, all sirens are going out. The United States is going to allocate more than $1 trillion annually to pay interest on its debts for…

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gm-is-scheduled-to-release-its-earnings-before-the-bell-wall-street-anticipates-the-following

GM is scheduled to release its earnings before the bell. Wall Street anticipates the following

Detroit, Mich. – October 3, 2024 General Motors Company, the world’s largest automaker by sales for the third consecutive year, will release its quarterly earnings before the opening bell on Wall Street. Investors and analysts are more than eager to see how the manufacturer is dealing with some rather difficult issues it currently faces, including…

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its-not-yet-time-to-celebrate-the-head-of-the-imf-cautions-as-poor-growth-and-heavy-debt-continue-to-weigh-on-the-global-economy

It’s not yet time to celebrate, the head of the IMF cautions, as poor growth and heavy debt continue to weigh on the global economy.

While the global economy is still under great stress, there are some signs of stabilization, so it’s not time to celebrate just yet, particularly low growth and increased public debt, says IMF Managing Director Kristalina Georgieva. These are the issues at the top of the agenda for governments, policymakers, and international institutions, which have launched…

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