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Τετάρτη 24 Νοεμβρίου 2021

IMF interesting latest news

 

Quantum computers could crack the cryptography that underpins financial stability.


IMF Finance and Development
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(Photo: iStock / AISLAN13


Dear maria,

Quantum computing has the potential to accelerate scientific discovery and innovation, revolutionize financial market modeling and simulations, and empower machine learning and artificial intelligence. The computing power of these mighty quantum machines could also threaten modern cryptography and undermine financial stability.

In a new article, the IMF's Jose DeodoroMajid MalaikaMichael Gorbanyov, and Tahsin Saadi Sedik write about the benefits and risks quantum computing could present for financial institutions.

📚 Read the full article.

Have a print copy of F&D Magazine delivered to your home or office.

COMING SOON: We are preparing to publish the next quarterly issue of F&D Magazine on December 2. The issue will focus on various ways to safeguard global health and well-being. The pandemic has forced a rethink of international cooperation, public health systems, what defines a healthy society, and whether we need to explore new ways to measure prosperity. Our authors will help bridge the undeniable connection between human and economic health.


Adam circle

Adam Behsudi

Senior Editor

F&D Magazine

abehsudi@IMF.org

 

P.S. See the full lineup of articles from our latest issue of Finance & Development.

International Monetary Fund
IMF Blog

Dear maria,

We just published a new blog—please find the full text below.

In the Race to Vaccinate Sub-Saharan Africa Continues to Fall Behind

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(PHOTO: ESTHER RUTH MBABAZI/IMF PHOTOS)

By Shushanik Hakobyan

Sub-Saharan Africa is losing the race to vaccinate its population against COVID-19. As of November 15, only about 4 percent of the population in sub-Saharan Africa has been fully vaccinated, up from merely 1 percent three months ago. It took 27 and 56 days to achieve the same milestone in advanced economies and other emerging markets and developing economies, respectively. The World Health Organization’s target of vaccinating 10 percent of population by end-September was reached by only five sub-Saharan African countries. Only a handful of countries in the region are expected to reach a target set by the IMF, World Health Organization, World Trade Organization and World Bank to vaccinate 40 percent of the population in all countries by the end of 2021.

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The lack of vaccines weighs on the region’s growth outlook, contributing to the dangerous divergence with advanced economies. Sub-Saharan Africa is projected to be the world’s slowest growing region in 2021, with a permanently lower path of real GDP that could have long-lasting consequences for social and political stability. Furthermore, continued delays to the vaccine rollout leave sub-Saharan Africa and the rest of the world exposed to new, more virulent strains of the virus. Thus, it is essential that the international community step up a concerted effort to ensure that the global supply of vaccines is distributed swiftly and fairly.


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Glenn Gottselig

Managing Editor

IMF Blog

ggottselig@IMF.org

 

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Take good care!

International Monetary Fund