Despite the challenging commercial real estate landscape and mixed economic environment, international business leaders are bullish on the future, with two-thirds (65%) expecting their Commercial Real Estate (CRE) budgets to increase between now and 2030, JLL’s new report reveals. The biennial survey explores the evolving world of work by assessing the key priorities, challenges and strategies that are top of mind for
READ MORENew challenges to the petrodollar system: Saudi Arabia is officially open to non-US dollar oil trade
Saudi Arabia opens to settling trade in other currencies than the US dollar, the country’s finance minister said, in one of the clearest signs yet that the oil-rich kingdom is seeking to strengthen its relations with crucial trade partners and diversify away from the greenback. “There are no issues with discussing how we settle our trade arrangements, whether it is in the US
READ MOREWar and trade tensions trump cyber-fears for 2023, according to the Depository Trust & Clearing Corporation’s (DTCC) annual Systemic Risk Barometer Survey. Almost 70% of respondents cited geopolitical risks and trade tensions as a top threat (up from 49% last year), with inflation (61%) a close second, (up from 34% last year). Respondents cited unknowns around how long inflationary pressures may last,
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