Global Finance has announced its 29th annual ranking of the World’s Safest Banks. All of this year’s rankings are gathered on the landing page linked here, as well as a video with a full description of the methodology used for the World’s Safest Banks rankings and a look at 2020 trends, featuring Global Finance’s editor Andrea Fiano.
Global Finance Magazine
While fintech was meant to democratize economic power, unconscious biases drove innovation and solutions were designed to generate revenue rather than improve everyone's lives.
Under the shadow of the pandemic, SWIFT has embarked on a revamp of its underlying technological infrastructure, which may be reliable, trusted and relatively secure, but is no longer fit for purpose in a highly interconnected and sped up world.
Central banks in countries like Sweden, China, the UK, Uruguay, West Africa, Japan, Singapore, and France are piloting or experimenting with digital currencies.
According to a recent McKinsey research report, more than 60 percent of the population of sub-Saharan Africa are smallholder farmers, about 23 percent of sub-Saharan Africa’s GDP comes from agriculture and that Africa could produce two to three times more cereals and grains, which would add 20 percent more cereals and grains to the current worldwide 2.6 billion tons of output. Similar increases could be seen in the production of horticulture crops and livestock.
NEWS & FEATURES
AWARD WINNERS ANNOUNCEMENT
Joseph Giarraputo, editorial director and publisher of Global Finance, introduces our first virtual awards ceremony.
ECONOMIC DATA & ANALYSIS
A bleak feeling looms over the upper class as the coronavirus pandemic drags on.