The fragility of financial markets is such that stock price volatility and risk contagion are highly susceptible to geopolitical events (Drakos2011; Arfaoui and Naoui2022). Caldara and Iacoviello (2022) defined geopolitical risk as the risk associated with war, acts of terrorism, and tensions betwe...
On the other hand, it also started in South Asia. Third, it was the first epidemic in the age of globalization and the Internet, which is why similar behavior can be expected today. Between November 2002 and June 2003, around 8000 people were infected with the SARS virus, almost two-...
Cross-border communications reflect the kaleidoscope of the diverse colours of many cultures, meeting, clashing, and fusing. Like Adler (1991, p. 64) observes, “foreigners see, interpret, and evaluate things differently, and consequently act upon them differently.” Diversities in culture shape ...
political stability and the absence of violence and terrorism, government effectiveness, regulatory quality, rule of law, and control of corruption (Brannelly et al., 2011). Additionally, there is evidence from studies in a variety of contexts that individual leaders who might be labelled as develo...
Gumperz (2001, p. 216) argues that “all communication is intentional and grounded in inferences that depend upon the assumption of mutual good faith. Culturally specific presuppositions play a key role in inferring what is intended.” Cross-border communications reflect the kaleidoscope of the dive...
Buna also incorporates robust anti-money laundering (AML) and combating the financing of terrorism (CFT) mechanisms to ensure compliance with international standards, making it a secure platform for processing cross-border transactions. This combination of operational efficiency, compli...
UNLOCKING $120 BILLION VALUE IN CROSS-BORDER PAYMENTS How banks can leverage central bank digital currencies for corporates Unlocking $120 Billion Value In Cross-Border Payments CONTENTS Executive Summary Section 1: The Business Case for mCBDC Section 2: Potential Models Section 3: mCBDC: Design and...
(Banfield1958).Footnote4,Footnote5Generalized trust has been argued to affect economic outcomes, such as trade, growth, cross-border investments, development of stock markets, and overall economic activity (see, e.g., Algan and Cahuc2010; Ang et al.2015; Franks and Mayer2017; Guiso et al....
Interpol supports law enforcement officials in the field with emergency support and operational activities, especially in its priority crime areas of fugitives, public safety and terrorism, drugs and organized crime, trafficking in human beings and financial and high-tech crime. A Command and Co-ordin...