Not exact matches
For more than a decade, the threat of terrorism has contributed to rising oil prices,
global instability and insecurity in major
financial centres — in
other words, it's been a major drag on business.
In the last year, while
other Western
financial centres have become less competitive, London has actually strengthened its position as number one in the
global index.
The US on the
other hand, while home to Silicon Valley and a key
global financial centre, has struggled to implement a Sandbox by the many layers of regulatory bodies that touch FinTech driven services.
The importance of the City of London as a leading
global centre of international dispute resolution is also key to the continued success of the
financial and many
other service sectors.