CBE hosts Bank of Ghana delegations to deepen cooperation on AI, digital transformation, and cybersecurity

The Central Bank of Egypt (CBE) hosted two delegations from the Bank of Ghana as part of its efforts to strengthen cooperation with African central banks and exchange expertise in data management, artificial intelligence (AI), digital transformation, and cybersecurity. The first delegation visited the CBE over several days to learn about Egypt’s experience in digital…

CBE hosts Bank of Ghana delegations to deepen cooperation on AI, digital transformation, and cybersecurity

The Jam in the Metro Bank sandwich

With the T20 Blast league games finished there has been just time to squeeze in two games of 50 over Metro Bank cricket, before the Hundred Circus comes to town for August. For those of you who may have forgotten the league table looked this last Wednesday. If you want to know how it got…

The Jam in the Metro Bank sandwich

Bank of International Settlements Warns That AI Crash Could Produce Investment Drought, Economic Contraction and Even a Crisis

Warnings from the Bank of International Settlements, even though written in dry economese, are worth heeding. It was the BIS, specifically Willam White and Claudio Borio, who identified dangerously elevated housing prices in many markets. Alan Greenspan pooh poohed their concerns. Better credentialed economist similarly dismissed White and Borio because all they had was empirical…

Bank of International Settlements Warns That AI Crash Could Produce Investment Drought, Economic Contraction and Even a Crisis