OPINION/EDITORIAL

More Work is Needed to Make Big Banks Resolvable

(Credit: Seibertfilm/iStock by Getty Images) March 18, 2024/IMFBlog By Tobias Adrian and Marc Dobler Almost a year ago, Credit Suisse, a globally systemic bank with $540 billion in assets and the second-largest Swiss lender, founded in 1856, failed and was sold to UBS. In the United States, Silicon Valley Bank, Signature […]

Artificial Intelligence: Deepfakes a Worrying Trend in the Run-Up to Elections

Deepfakes, which are highly realistic fabricated videos or images, can deceive voters, manipulate public opinion, and tarnish the reputation of political parties and politicians March 18, 2024/KnowBe4 More than four billion people (https://apo-opa.co/4aerFVs) worldwide will take part in elections this year, including in the US, UK, India, and South Africa. However, the […]

Headline Inflation Increases Further by 180bps to 31.70% y/y in February

March 15, 2024/Cordros Report Nigeria’s headline inflation rose by 180bps in February to 31.70% y/y (January: 29.90% y/y). The outturn is 50bps and 40bps higher than Cordros’ (31.20% y/y) and Bloomberg’s median consensus (31.30% y/y), estimates, respectively. Similarly, on a month-on-month basis, headline inflation increased by 48bps to 3.12% (January: 2.64% m/m). Food […]