Global Debt to Exceed $100 Trillion in 2024, IMF Warns

October 22, 2024

New York, Tuesday, October 22, 2024-The International Monetary Fund (IMF) projects that global public debt will surpass $100 trillion by the end of this year, amounting to 93% of the world’s gross domestic product (GDP). This forecast signals a growing concern as major economies like the US and China continue to see rising debt levels, […]

IMF, World Bank, and BIS Collaborate on Tokenization Project

November 29, 2023

London, November 28, 2023- In a landmark move, the International Monetary Fund (IMF), the World Bank, and the Bank for International Settlements (BIS) have announced a collaboration to explore the potential of tokenization in streamlining and enhancing their operations. This marks the first time these three cornerstone institutions have joined forces to venture into the […]