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Construction Industry Looks to 2023

CFO News Room

As 2022 closes and 2023 begins, we spoke with the members of our senior sales team for the construction industry to get their thoughts on the challenges construction companies will face in the new year. They have been through many business cycles and have seen construction businesses thrive, survive, and fail.

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BTG Pactual’s Mariana Oiticica Steers Private Banking Through Generational Change

Global Finance

Investing abroad effectively reduces exposure to local economic and political risks. Oiticica : As global interest rates decline, investors generally adopt a more favorable outlook on the broader economic environment, encouraging a greater appetite for taking on risk.

Banking 115
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Deep Dive: How Digital AP Can Help Construction Firms Navigate Payment, Procurement Challenges

PYMNTS

Many of these processes are decades-old and must follow complex regulatory guidelines, as is the case in the construction industry. Construction companies are facing both time and cash crunches due to dwindling work opportunities and slower payment timelines during the crisis. Late or lagging payment processes can expand costs.

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My Bias Blind Spot Bubble

Barry Ritholtz

that I was completely and totally living in an artificial construct of my own making that bore no relationship to objective reality. It made me realize that, despite my extensive research into the psychology underlying behavioral economics, I suffered from the exact same cognitive errors as everyone else. But it was.

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On the Primacy of the Consumer-Welfare Standard

CFO News Room

The consumer-welfare standard is nothing more, nor less, than an understanding and acceptance of this fundamental economic reality. It is, instead, a relationship that inheres in the nature of all economic activity. In common language we might still say that “Joe produced a table,” but economically he produced no value.

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World’s Safest Banks 2024: World’s Biggest Banks

Global Finance

In Japan, the three banks included in our ranking—Mitsubishi UFJ Financial Group, Sumitomo Mitsui, and Mizuho—all suffered an average 5% balance sheet contraction in 2023, which could be seen as a reflection of the country’s difficulty sustaining economic growth. The 14 eurozone banks in our top 50 averaged a 1% increase in assets.

Banking 94
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Latvia: Doorway To The EU

Global Finance

Led by Latvian President Edgars Rinkvis and Minister of Economics Viktors Valainis, the eight-day event included investor briefings in Houston, San Francisco, and Denver. The project involves the construction of two European Transport Corridors (ETC). million Official languages: Latvian (56.3%), Russian (33.8%), other 0.6%