In July, the IMF warned that cross-border crypto flows in Brazil are growing faster than traditional capital flows and faster than nominal GDP. It also noted that 71.7 per cent of all reported crypto activity in Brazil over the last six years relates to stablecoins. Reported by Consejeros Editorial Team On 28 July, the International Monetary Fund (IMF) warned that Brazil’s crypto-asset market, particularly stablecoins pegged to the US dollar,…

Bond yields have been rising for five years and the era of abundant capital is gradually giving way to one of greater competition for capital, in a new investment cycle driven by artificial intelligence (AI), with more persistent inflationary uncertainty, higher nominal growth and larger fiscal deficits. Analysis by Lauréline Renaud-Chatelain For more than four decades, the global economy operated in an environment of falling interest rates and abundant capital,…