World Bank Pres. on Hormuz Disruptions, De-dollarization

World Bank President Ajay Banga discusses the economic fallout from ongoing disruptions in the Strait of Hormuz, inflation risks in emerging markets, crisis-response capacity and the broader outlook for growth. Banga also downplays concerns that geopolitical tensions could meaningfully weaken the dollar’s role in global lending. He speaks with Kailey Leinz on Bloomberg’s Balance of Power. (Source: Bloomberg)

Read the article here

Lisätietoja Toimitus

Toimitus

Katso myös

US trade deficit surges amid artificial intelligence spending boom

Imbalance soars to $77.6bn in May as imports outpaced exports, driven by pharmaceuticals and semiconductors. …