Am 24. März 2024 fanden im Senegal Wahlen für das Amt des Staatspräsidenten statt. Aus ihnen ging der zu diesem Zeitpunkt 43-jährige Oppositionspolitiker Bassirou Diomaye Diakhar Faye als Sieger hervor. Am 02. April 2024 übernahm er die Amtsgeschäfte als fünfter Präsident der Republik...

With the final approval of the EU's Artificial Intelligence Act (AI Act), it is now clear that general-purpose AI (GPAI) models with systemic risk will need to undergo adversarial testing. This provision is a response to the emergence of "generative AI" models, which are currently the most...

Ukraine and its international partners are faced with an unprecedented task: advancing recovery efforts and the EU accession process while also providing critically important military and financial support to help Ukraine defend its sovereignty against Russian military aggression. Uncertainty...

Many developing countries are still grappling with the consequences of the pandemic and the associated high debt burdens while facing huge financing needs, inter alia related to climate change. In response, the International Monetary Fund (IMF) issued $650 billion in Special Drawing Rights...

On 24 March 2024, presidential elections were held in Senegal, with opposition politician Bassirou Diomaye Diakhar Faye, who was 43 at the time, emerging as the winner. On 2 April 2024, he was sworn in as the fifth President of the Republic of Senegal. This event may mark a turning point in the...

China has become a major player in sovereign lending towards Africa during the past two decades but has recently been faced with increasing defaults. A new African debt crisis is looming. • Differences in the motives of sovereign lending between China and Western creditor countries contribute...

The main contribution of this paper is the construction of a cyclical systemic risk indicator from early warning indicators of banking crises (EWIs) used in Finland. Previous research has shown that combining EWIs can enhance their early warning properties. This study evaluates the indicator's...

The EU's Corporate Sustainability Due Diligence Directive (CSDD) will have a significant impact on foreign investments. The CSDD will compel some non-EU companies to conduct HRDD throughout their supply chains. This Perspective emphasizes the need to align IIAs with mandatory HRDD requirements...

This article looks into global central bank messaging on the Twitter social media platform. At the end of 2021, a total of 122 central banks and monetary authorities had registered accounts on Twitter At that time, approximately two-thirds of world's central banks and monetary author- ities were...