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MoneywebThe initiative comes as Thailand’s efforts to crack down on scam operations have uncovered sophisticated ways in which proceeds of cyber fraud become a major part of broader illicit financial flow, Vitai said.
MoneywebMeanwhile, US debt is heading into unprecedented territory, one of the key reasons behind a surge in long-term borrowing costs that has raised alarm bells globally.
MoneywebBusinesses 'have continued to adjust to repeated shocks' while markets — buoyed by an exuberant tech industry — have taken a 'broadly benign view of the challenges,' the IMF said.
MoneywebSaid AI-related challenges could imperil banks even as profits soar.