2/21/2023 0 Comments Focus bankexports departed for Europe as the war in Ukraine prompted a scramble for LNG supplies. liquefied natural gas nearly doubled year over year to $21.2 billion in the first half of 2022, according to data from Panjiva. Real gross investment in commercial structures is forecast to decline through 2025 in part due to challenges posed by remote work, according to Ben Herzon, economics director at S&P Global Market Intelligence. The result is a widespread reimagining of the workplace that has ominous implications for commercial real estate owners and investors. The findings are an indication of the work the banking sector must do to improve gender balance among top executives.Įfforts to get employees to return to offices full time have fallen flat, and foot traffic in office buildings continues to linger below pre-pandemic levels. In the Gulf Cooperation Council region, most big banks do not have women directors. Several lenders could struggle to meet tougher regulatory requirements on gender parity. Only seven of the 30 largest European banks by assets have more than 50% female representation on their boards, according to an analysis by S&P Global Market Intelligence. In this edition of Insight Weekly, we examine the gender parity in banking boardrooms. Subscribe to be notified of each new Insight Weekly. Representatives from the Bank of Italy also participate in various G20 working groups on specific economic and financial issues.Today is Tuesday, September 20, 2022, and here’s your weekly selection of essential intelligence on financial markets and the global economy from S&P Global Market Intelligence. The Governor of the Bank of Italy attends the G20 Finance Ministers and Central Bank Governors Meetings. The Bank of Italy participates in the work of the G20 Finance Track, helping to define the Italian approach, in accordance with the Ministry of Economy and Finance (MEF). We are working to overcome the digital divide and make digitalization an opportunity for everyone, to increase productivity and to leave no one behind (for more information click here). This is a prerequisite for a lasting prosperity, also ensured by the use of the main drivers of growth and innovation. It is necessary to ensure a rapid recovery that focuses on people's needs, paving the way for an ambitious, effective and sustainable relaunch. For this reason, we are taking the lead in ensuring a swift international response to the pandemic - to guarantee equal and worldwide access to diagnoses, treatment and vaccines - while building up global resilience to future health-related shocks. The core of the 2021 agenda will be the need for closer coordination of economic and fiscal policies at global level to deal with the COVID-19 emergency, with the aim of reaching a consensus on a coordinated budgetary stimulus to manage the difficult transition from the second wave of the epidemic to the recovery and revival of the economy. Italy's G20 Presidency will focus on three interconnected themes: people, planet and prosperity. The priorities for Italy's G20 Presidency The annually rotating Presidency proposes priorities and coordinates activities between the members of the group with the assistance of its predecessor and its successor. The G20 has become the main forum for international economic cooperation since the 2008 global financial crisis and has raised the level of participation to include Heads of State and Government. The Presidency may decide to invite a few additional countries to ensure that the group is more representative, geographically speaking. International organizations such as the International Monetary Fund, the World Bank, the OECD, the Financial Stability Board and the United Nations also participate. Spain is also invited as a permanent guest. G20 was established in 1999 and is currently composed of 19 countries (Argentina, Australia, Brazil, Canada, China, France, Germany, Japan, India, Indonesia, Italy, Mexico, Russia, South Africa, Saudi Arabia, South Korea, Turkey, the United Kingdom, and the United States) and the European Union. The Group of 20 ( G20) is a forum for dialogue and the exchange of information between the world's major economies. The pandemic crisis highlighted the complexity of the common global challenges that require increasingly closer cooperation between countries. Italy's G20 Presidency Vai alla versione italiana Site SearchĪt a time when a collective effort is crucial for starting again after the unprecedented impact of the COVID-19 pandemic, Italy took on the Presidency of the G20, the main forum for global economic and financial cooperation, on 1 December 2020.
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