**Persianis Highlights Global Economic Risks as iFX EXPO Concludes in Limassol**
As the iFX EXPO entered its final day in Limassol, a significant discussion took place that underscored the complexities of the current global economic landscape. Outgoing Fiscal Council president Michalis Persianis and Darius Anucauskas, Chief Market Analyst at Markets.com, engaged in a timely dialogue titled ‘The Macro Shock Era: What’s Next For The Global Economy’. This session opened the second day of the event, setting a critical tone for the discussions that followed.
The conversation focused on various forces influencing the global economy, particularly the impact of geopolitical tensions on growth, inflation, global trade, and financial markets. In an era marked by uncertainty, both businesses and policymakers are grappling with the implications of these challenges. Persianis and Anucauskas delved into the role of central bank policies, the resilience of economies, and the specific hurdles faced by smaller open economies, with a particular emphasis on Cyprus.
The discussion highlighted the pressures on economies that are heavily reliant on international trade and capital flows, as well as the shifting sentiments of investors. Persianis and Anucauskas assessed Cyprus’ structural strengths and vulnerabilities, considering how the island might withstand external economic shocks in the current global environment.
The iFX EXPO, which brings together a diverse array of participants from the online trading industry, continued to feature a robust schedule of sessions throughout the day. Participants included brokers, fintech firms, liquidity providers, payment providers, technology vendors, and other stakeholders. The event served as a platform for discussing vital topics such as trading technology, regulatory changes, payments, digital assets, client acquisition, and broader operational trends that are shaping the sector.
One notable session was led by Tarik Chebib, MENA CEO at Capital.com, titled ‘Built Like an Athlete: Surviving Dubai’s Business Rollercoaster on the Road to the Top 1%’. Chebib shared insights on the challenges of building and scaling a business in Dubai's competitive environment, emphasizing the importance of continuous performance and adaptability. He drew parallels between the discipline required in sports and effective business leadership, illustrating how structured training and a resilient mindset can aid leaders in navigating competitive markets and enduring long-term pressures.
The presence of the iFX EXPO in Limassol underscores Cyprus’ ongoing role as a hub for financial services, fintech, and online trading. The event attracted international companies, regulators, analysts, and service providers, highlighting the island's significance in an industry that is rapidly evolving in response to regulatory and market changes.
As the iFX EXPO concluded, the discussions led by Persianis, Anucauskas, and other industry leaders provided valuable insights into the current state and future of the global economy, particularly in relation to the challenges and opportunities facing economies like Cyprus. The event not only facilitated knowledge sharing but also reinforced the importance of resilience and adaptability in an ever-changing economic landscape.