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The financial sector in these countries is experiencing a boost due to a diversification away from oil. This shift is paving the way for enhanced investment opportunities and a more robust financial infrastructure.
On Monday, Raghavan also recognized the United Kingdom’s stock market reforms and the blossoming technology sector. Despite what he referred to as an “anemic” $65 billion banking fee pool year, he praised the pro-business stance of the Labour Party. He emphasized the crucial role of the City of London in the global financial landscape..
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