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Home»World»Former US Treasury Secretary discusses subsequent step for US and international economic system at UAE AIM Summit
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Former US Treasury Secretary discusses subsequent step for US and international economic system at UAE AIM Summit

Credit TopicBy Credit TopicSeptember 23, 2022Updated:October 3, 2022No Comments
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Lawrence H. Summers, the famend American economist who served because the 71st Secretary of the US Treasury from 1999 to 2001 below Invoice Clinton, in addition to the director of the Nationwide Financial Council from 2009 to 2010 below Barack Obama, will provide his insights on the earth economic system and monetary markets through the thirteenth AIM Summit to be held on November 21-22, 2022 in Dubai, United Arab Emirates.

Lawrence H. Summers

AIM Summit is the area’s premier discussion board for offering info on funding developments and international market situations. This 12 months, particular emphasis is positioned on the present international economic system, inflation, stagflation and recession. Summers will clarify why the US is more likely to be heading right into a recession over the following two years. Summers will focus on how globalization, commerce and expertise will play a central position in the way forward for the worldwide economic system.

In 2021, Summers repeatedly referred to the potential for inflation in the US, whereas the US Federal Reserve and lots of economists considered rising costs as transitory.

Commenting on his attendance on the AIM Summit, Summers stated: “Traders in various belongings should navigate a difficult macroeconomic surroundings as we speak and anticipate its impression on their portfolios tomorrow. On the AIM Summit in Dubai, I’ll handle a few of the most urgent questions traders ought to be asking: Will the Fed’s new hawkish stance result in a painful recession or stage a mushy touchdown? Will we return to the post-2009 period of secular stagnation, or to a brand new paradigm? Will the prognoses of China’s economic system overtaking that of America change into just like these of Russia and Japan, which look ridiculous as we speak?

Raha Moradi, President and CEO of AIM Summit, stated, “As organizers of AIM Summit, we’re honored to welcome a famend economist and a senior American official corresponding to Lawrence H. Summers. His views on inflation, recession, and international politics in the US and around the globe will present our viewers with precious insights that can profit their insurance policies and methods sooner or later. Traders and coverage makers within the GCC and MENA area are invited to affix us in listening to Summers’ predictive insights. »

The AIM Summit brings collectively and connects hedge fund, personal fairness, enterprise capital, digital asset and FinTech traders with international business leaders. This 12 months, the summit will cowl subjects associated to portfolio development, rising markets, frontier markets, personal credit score, hedge funds, the way forward for digital belongings, NFTs, metaverse, mining crypto, ESG, impression investing and Web3.

Audiences will even hear Summers’ perspective on crypto and blockchain.

For extra info – www.aimsummit.com
For sponsorship and talking alternatives, contact [email protected]
Registration hyperlink – https://www.aimsummit.com/web page/2170313/apply-to-attend

Concerning the AIM Summit – “Connecting Individuals, Connecting Concepts, Connecting Markets”
AIM Summit began over 7 years in the past with a mission to attach folks, join concepts and join markets in various investments. AIM Summit is the main various funding administration summit protecting hedge funds, personal fairness, enterprise capital, digital belongings and personal debt – bringing collectively the most effective minds within the various funding business with the largest grantees.
AIM Summit is a platform for discussing funding developments, international market situations, newest tendencies and acts as a networking discussion board for future enterprise alternatives. The one convention of its nature and scale organized and orchestrated by the business in an intimate setting to induce actual exchanges on finest practices and know-how.

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