January 2023

Superpowerful computers will extract enormous benefits from artificial intelligence—and deliver proportional advantages.

Luis Martins, head of Global Macro at BBVA, speaks to Global Finance about the current state of the foreign exchange market and how the bank is meeting corporate needs.

Arnaud Lhoste, global head of corporate sales at Societe Generale, explains how to meet the different FX needs and risk appetites of large and small corporates.

The Covid-19 pandemic created some waves in the foreign exchange markets over the last couple of years, but the re-emergence of global inflation and inflation-fighting central banks has truly rocked the currency world this year.

Once seen as a plague on emerging markets, FX volatility hit major global currencies in a big way in 2022, due to rising interest rates, inflation and economic contraction.

Nouriel Roubini, who predicted the 2008 financial crisis, has a new book, Megathreats: The Ten Trends that Imperil Our Future, and How to Survive Them. He shares his thoughts on stagflation, the climate crisis and how the corporate sector is responding.

Africa's debt service payments will surge 35% over last year.

China aims to challenge the Airbus-Boeing duopoly, an objective that was unthinkable a few years ago.

Hungary's inflation is soaring and growth is slowing as tensions with the European Union continue to create political instability.

Britain repeals post-2008 banking reforms, including the cap on bonuses for bankers.

Private debt funds, asset-based financiers and family offices fill the gaps left by traditional bank lenders.

Corporates and banks face a tight deadline to finalize migration from Libor.

Without a majority in Congress, Dina Boluarte's ability to govern is limited.

Fernando Haddad's appointment as finance minister has divided Brazilian economists.

The FTC is suing to block the merger of Nvidia and Arm as well as the purchase of virtual-reality startup Within by Meta (Facebook).

Malaysia's tenth Prime Minister Anwar Ibrahim has gone from politics to jail and back to politics again.

BAC Credomatic's bio credit card is made of 82% corn and fits in with the bank’s net-positive renewable-energy policy.

Greater remittances mean greater economic growth for Latin America.

Massive layoffs are affecting the tech sector worldwide with some 971 companies laying off more than 150,000 employees in 2022.

The Reserve Bank of India will issue and redeem the eRupee and the commercial banks will manage the distribution and payment services.

Pfizer’s eight tranches of notes, priced from $3 billion to $6 billion each, will mature between 2025 and 2063. 

The decline in tech company valuations has forced many of them to pursue M&A opportunities.

Ghana entered into talks with the IMF in July for funding to help it address a balance of payments deficit that rose to about $2.5 billion in June, and a debt-to-GDP ratio now over 100%.

Multiyear tax disputes with multinational companies have damaged India's business-friendly reputation.

Microsoft’s investment in LSEG comes at a time when big tech names like Google, Amazon and IBM are increasingly engaged in an arms race to deepen relationships with financial firms.

New capital requirements could reduce the mortgage loan lending capacity for Norway’s small and medium-sized banks by up to $17.3 billion.

The excise tax—also meant to prevent corporations from amassing excess capital at the top—is anticipated to raise around $74 billion.

The Gulf country seeks to grow its economy beyond hydrocarbons.