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  WASHINGTON:Federal Reserve chairman Jerome Powell said he was more worried about the risk of a large-scale cyberattack than another financial crisis like that of 2008.The risks of a 2008-like crisis with a need for government bailouts of banks were   quot very, very low,  quot  the head of the US central bank said during an interview aired Sunday on CBS   39 s   quot 60 minutes.  quot   quot The world changes. The wor adidas spezial handball ld evolves. And the risks change as well. And I would say that the risk that we keep our eyes on the most now is cyber risk,  quot  he said, adding that that concern was shared by multiple governments and private businesses, particularly in fin airforce 1 women ance.Additionally, those organizations invest the most against cyberattacks, he noted.Powell stressed that the Federal Reserve was considering differen af1 noir t types of scenarios:   quot There are scenarios in which a large payment utility, for example, breaks down and the payment system can   39 t work. Payments can   39 t be completed. There are sc Rvbm PCB demands explanation from Umar Akmal
 ISLAMABAD:President Arif Alvi has recognised eff adidas spezial orts of the business community, saying they are playing a key role in economic development of the country but are facing the problem of high interest rate. However, due to measures taken by the go airforce vernment, the interest rate and inflation will hopefully start declining from February 2020,  he said while addressing the All Pakistan Chambers Presidents Conclave 2020, organised by the Islamabad Chamber of Commerce and Industry (ICCI).He blamed the current economic difficulties on past wrongdoings and the Financial Action Task Force (FA air force nocta TF) issue, but voiced hope that things would start improving soon as the government was working hard for the purpose.He stated that improved purchasing power of people would lead to better growth of business activities and the government s key focus was to reduce inflation.He pointed out that China had achieved better economic growth by providing easy financing to small and medium-sized enterprises (SMEs) and th