Finance

Albania Appoints World’s First AI Minister for Public Procurement

Albania unveils Diella, the world’s first AI minister, to oversee public procurement and fight corruption amid EU membership ambitions. When Albania’s national Assembly convened last month to hold the first session of its 11th Legislature, lawmakers were greeted by a woman in white traditional dress projected onto two large screens. …

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Jordan’s Central Bank Leads Economy Through Global Turbulence

With the economy growing despite major headwinds, Adel Al-Sharkas, governor of the Central Bank of Jordan, outlines how he plans to keep the momentum going. Global Finance: How is Jordan’s economy navigating global and regional turmoil? Adel Al-Sharkas: Jordan’s economy has demonstrated resilience despite repeated waves of global and regional turbulence. …

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Carlos Carvallo Spalding: Pushing Stability, Reforms

Carlos Carvallo Spalding, governor of the Central Bank of Paraguay, highlights prudent monetary policy and structural reforms in securing long-term growth. Global Finance: What is your expectation for the economy in the next 12 months? Carlos Carvallo Spalding: Paraguay’s economic outlook remains positive, supported by solid macroeconomic fundamentals, a diversified …

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Bank of Mongolia Governor: Growth Steady, Risks Remain

A cautious but upbeat Byadran Lkhagvasuren, governor of the Bank of Mongolia, is navigating volatility in commodities and strengthening ties with regional trading partners. Global Finance: What is the growth outlook for Mongolia in 2025? Byadran Lkhagvasuren: Mongolia’s economy is projected to grow by around 5%-6% in 2025, supported primarily by copper …

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Bank of Albania Governor Sejko on Growth and Stability

Gent Sejko, governor of the Bank of Albania, discusses the country’s economic transformation. Global Finance: In your 10 years as governor, Albania’s economic outlook has transformed. What role has the Bank of Albania played? Gent Sejko: Albania has experienced remarkable economic growth, prosperity and macroeconomic stability over the past decade. Our overall …

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BNB Governor Radev Explains Bulgaria’s Euro Area Accession

Dimitar Radev, governor of the Bulgarian National Bank, sees new opportunities ahead, along with continued fiscal prudence. Global Finance: Bulgaria is set to join the euro in January, a significant achievement for the country and the Bulgarian National Bank (BNB). What will be the biggest changes for the economy and …

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Bank Mandiri: Building the Digital Backbone of Indonesia’s Economy

As Indonesia rapidly embraces digital transformation, Bank Mandiri is positioning itself as the nation’s financial backbone—powering connections across corporates, MSMEs, and consumers. Through its digital wholesale super-platform, Kopra by Mandiri, the bank has created a unified ecosystem that handles nearly a third of Indonesia’s digital transactions. How does Bank Mandiri …

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Corporate Bond Market Booms After Fed Rate Cut in September

September was a banner month for US investment-grade bond issuance as companies rushed to borrow in a market benefiting from falling interest rates and tight risk premiums. PitchBook tallied $56.4 billion in new bonds through the first week of September, with the month’s total swelling to over $172 billion. The …

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World’s Best Banks 2025 – Global Winners

Global Finance presents its 32nd annual list of the best banks worldwide. If one word described the global economy in 2024, it would be “resilient.” Growth was up slightly, with global GDP growth hovering around 3.1%, while the pace of global inflation slowed to approximately 5.8% from 6.8% the previous …

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BHP Names First Female CEO Geraldine Slattery in Historic Move

BHP announced last month that Geraldine Slattery, president of its BHP Australia unit, will succeed Mike Henry as chief executive by mid-2026, making her the first female CEO in the mining and minerals giant’s 140-year history. The implications extend well beyond that milestone. Leadership changes in the global mining industry, …

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