The International Monetary Fund (IMF) is working on a platform that would allow various central bank digital currencies (CBDC) to interoperate on a global scale, Managing Director Kristalina Georgieva told participants at a conference. “CBDCs should not be fragmented national propositions … To have more efficient and fairer transactions, we need systems that connect countries—we…
IMF Pushes Global Central Bank Digital Currency Platform as Cashless Trend Gains Momentum
More Than 40 Companies Pledge to Hire and Train Over 250,000 Refugees
Just ahead of World Refugee Day, 41 companies on Monday collectively pledged to provide jobs and training to work opportunities for more than 250,000 refugees over the next three years in Europe. The commitment, announced at the Tent European Business Summit in Paris, signals “the most significant set of business commitments ever made to advance…
LIVE NOW: Reforming America’s Ailing Money Regime: A Hudson Institute Event
June 19, 2023
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In a conversation held by The Hudson Institute at 3:00 p.m. ET on June 19, Brendan Brown, a non-resident senior fellow at Hudson Institute; Alex J. Pollock, senior fellow of Mises Institute; and Harold Furchtgott-Roth, former commissioner of the Federal Communications Commission and a senior fellow at the Hudson Institute; discuss the Biden administration’s monetary…
Reforming America’s Ailing Money Regime: A Hudson Institute Event
June 19, 2023
admin
biden administrationBusiness & MarketsEpochTVEpochTV LiveExecutive BranchFederal ReserveLive Videosmonetary policyNational SecurityPolicies & ImpactsPoliticsUSUS NewsVideo
0 Comment
In a conversation held by The Hudson Institute at 3:00 p.m. ET on June 19, Brendan Brown, a non-resident senior fellow at Hudson Institute; Alex J. Pollock, senior fellow of Mises Institute; and Harold Furchtgott-Roth, former commissioner of the Federal Communications Commission and a senior fellow at the Hudson Institute; discuss the Biden administration’s monetary…
Global Economic Surprise Index Plummets
Commentary Investor sentiment is clearly bullish. The CNN Fear and Greed Index for June 18, 2023, stood at 82, which signals “extreme greed.” This is a drastic, optimistic move after closing at “greed” (56 over 100) a month before and “extreme fear” (17 over 100) only one year ago. However, in the same period, the…
Vivek Ramaswamy, ‘Shark Tank’ Host Mark Cuban Spar Over ‘Woke’ Capitalism
June 19, 2023
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Vivek Ramaswamy, a 2024 Republican presidential candidate, is warning that corporations that engage in so-called “woke” practices run the risk of alienating their customers and expanding the division among Americans. “When those businesses wade into social disputes, not only is that often bad for business . . . it’s bad for our civic culture in…
Starmer: Labour Will ‘Throw Everything’ at Net Zero
Labour leader Sir Kier Starmer has set out detailed plans in which he has promised to “throw everything” at net zero if his party wins the next election. In a speech in Leith, Scotland, on Monday, Starmer, said his Green Prosperity Plan “will power us forward towards net zero, generate growth right across the country, end…
Why Has Flying Become So Miserable?
June 19, 2023
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Commentary Those of us who have returned to frequent air travel appreciate just how unpleasant the processhas become. Perhaps this simply reflects an overly sentimental view of what the experience was like pre-pandemic, but surely it has become much worse since. Outrageously expensive tickets, long lines at security (even premium lanes like “Clear”), no room…
Xi Calling Bill Gates ‘An Old Friend’ Is Not a Compliment: Expert
June 19, 2023
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Chinese leader Xi Jinping on June 16 met with Microsoft Corp. co-founder Bill Gates in Beijing, where he called Gates “an old friend.” But the term is not complimentary, according to Jon Pelson, author of “Wireless Wars, China’s Dangerous Domination of 5G and How We’re Fighting Back.” In a meeting at Beijing’s Diaoyutai state guest…
What Is a Gold IRA Rollover?
June 19, 2023
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In today’s uncertain economic climate, many people are looking for ways to hedge their retirement accounts to combat inflation. Gold IRAs allow investors to put their money into precious metals. While many people feel that their standard employer-provided 401(k) will be enough to sustain them through their golden years, more and more people are waking up to…
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