OPINION/EDITORIAL

Mapping the World’s Readiness for Artificial Intelligence Shows Prospects Diverge

(Credit: imaginima/iStock by Getty Images) June 25, 2024/IMFBlog By Giovanni Melina Artificial intelligence can increase productivity, boost economic growth, and lift incomes. However, it could also wipe out millions of jobs and widen inequality. Our research has already shown how AI is poised to reshape the global economy. It could endanger 33 […]

CBN Update: New Measures to Enhance Local Currency liquidity for Settlement of Diaspora Remittances

June 25, 2024/United Capital Research The Central Bank of Nigeria (CBN) has authorized eligible International Money Transfer Operators (IMTOs) to sell foreign exchange (FX) on the official market to enhance remittance flows and foreign exchange market efficiency. This decision aims to address the FX liquidity issues in the official market, […]

Bullish Sentiment Is Building in Oil Markets as Demand Concerns Fade

June 25, 2024/Oilprice.com Tom Kool Editor, Oilprice.com Oil prices are set to post an impressive gain this month as bullish sentiment has been building and demand concerns fading. – As Brent futures have moved above $85 per barrel again, geopolitics have started to come to the forefront of market concerns […]