BANKS
THE STRENGHT OF TRUST
The World Bank warns of the risk of a financial crisis in countries.
The organization, presided over by Ajay Banga since June 2, 2023, has raised the growth forecasts for the global economy for this year but cautions that the situation is "precarious," according to its Outlook report.""According to its report on Global Economic Outlook, the increases in interest rates by the Federal Reserve increase the likelihood of sovereign debt, currency, and banking crises in countries."
Given such a global financial landscape, we prefer to work only with banks with a high rating from Moody's and Fitch agencies."
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