[Tree] Glitch in global payment system delays house purchases

Version 0.09 (2024-07-18 16:15:36.147000)

updates: House purchases delayed due to glitch in CHAPS system

Version 0.08 (2024-07-01 20:04:49.804000)

updates: BIS completes blueprint for third phase of Project Nexus, Reserve Bank of India to join in phase four

Version 0.07 (2024-06-09 18:53:49.788000)

updates: Integration of new information about the multiplication of global payments systems

Version 0.06 (2024-06-04 02:53:45.496000)

updates: Updates on potential turmoil in the global financial system

Version 0.05 (2024-06-03 18:54:20.363000)

updates: Discussion on the potential consequences of a collapse in the US bond market

Version 0.04 (2024-05-11 00:55:43.598000)

updates: The global financial system is in danger of fragmenting as the American-led financial order gives way to a more divided one. National payment systems are proliferating, spurring competition, innovation, and cross-border frictions. Attempts to challenge the dominance of the dollar have only strengthened it. A conflict could deal a death blow to the global financial order. India's financial system has improved dramatically in the past decade, but the country still needs a new reform agenda to sustain its growth.

Version 0.03 (2024-02-20 06:16:50.034000)

updates: Added information about the role of executive cash compensation in firm resilience during geopolitical uncertainties and India's growing influence in global dialogues

Version 0.02 (2023-10-15 11:51:04.044000)

updates: Integration of information about international payment flows and the need for better protection

Version 0.01 (2023-10-10 12:14:21.481000)

updates: Added information about challenges in international trade in October 2023

Version 0.0 (2023-10-09 16:10:56.425000)

updates: