US
Financial sector may be big beneficiary of AI, with potential value of $1.2tr by 2030
Despite trying hard, govts have failed to address structural problems via reforms
Now, 59% of global currency reserves are in US dollars, down from three quarters earlier
It sparks industry-wide panic that can lead to financial crisis, deepen recession
In case of price rise, discretionary expenses should be cut, funds directed towards essentials
Recessions don’t last long; best of opportunities are found in difficult environment
Let’s join hands to make 2022 turning point for Pakistan’s fortunes
Though customers trust banks more than fintech challengers, this won’t last forever
Owing to low level of savings, investment in export-related sectors is unsatisfactory
Russia-Ukraine conflict may create wheat shortages in Pakistan, increase food inflation