Finance Changed, Risks Didn't
you are currently viewing::Finance Changed, Risks Didn'tSeptember 10, 2025--New technologies are rewiring liquidity, payments, and economic stability As a result, the next shock may begin not in a bank, but in the new infrastructure underpinning the system. After 2008, regulators moved swiftly to raise capital standards and introduce new supervisory tools such as stress testing. Banks rebuilt their balance sheets and retreated from risky lending and arbitrage businesses. Asset managers were blamed for the financial turmoil at the onset of the pandemic, but not banks. Yet even as regulators fortified banks, postcrisis innovations reshaped the financial landscape. Asset managers provided more liquidity as banks stepped back, nonbank start-ups built new risk assessment tools for institutional lenders, developers introduced a wider array of crypto assets, and central banks and governments established real-time payment systems. Source: imf.org |
December 2, 2025-The global economy has proved more resilient than expected this year, supported by improved financial conditions, rising AI-related investment and trade, and macroeconomic policies. However, underlying fragilities are increasing. Labour markets are showing first signs of weakening despite the OECD unemployment rate steady at 4.9%, with job vacancies falling below their 2019 average in many countries and confidence softening.
December 2, 2025-The value of global goods imports affected by new tariffs and other import measures increased more than fourfold from mid-October 2024 to mid-October 2025 compared to the prior 12-month period,marking the highest coverage in over 15 years of WTO trade monitoring,according to the WTO Director-General's latest annual overview of developments in the international trading environment.