China’s involvement in world economy has boosted interest for agricultural products and for industrial commodities such as base metals and, in particular, oil, amid a context of growth in investment and manufacturing activity in Asia. On the supply side, the production of industrial goods at low cost has increased competition, helping to keep inflation restrained worldwide.
There has been a high degree of concern that global banks might cut their correspondent‐ banking business indiscriminately to minimize the risk of breaching AML/CFT rules. This is also one of the biggest challenges to the banking system of developing economies, for example the Caribbean countries are facing this especially after 2012. Ladies and Gentleman, 13.