Once again the US Federal Reserve is in a quandary. Does it cut its policy interest rate soon in order to relieve pressure on debt servicing costs for consumers and businesses and perhaps avoid a stagflationary economy (ie low or no growth alongside higher inflation); or does it hold its current interest rate for borrowing in order to make sure inflation falls towards its target of 2% a year?
Inflation and interest rates: the US experience
Tag: Bank for International Settlements
CBDC Failed: Congress Is Banning CBDC With Massive Support
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Dueling Digital Dollar Bills Debated in Congressional Hearing on U.S. CBDC
Will Citizens’ Distrust of Government Surveillance Stop CBDCs?
But the eNaira launch came nine months after the CBN effectively banned cryptocurrencies, which were used to fund anti-police brutality protests that swept the country in late 2020. The CBN claimed crypto jeopardized the financial system and could be used to fund terrorism and froze protestors’ bank accounts.
Evil offer to Taliban
Over the last few weeks, a flurry of diplomatic efforts in the West Asia region brought the Taliban to the fore. Last week, the Iranian foreign minister, Hossein Amir Abdollahian, traveled to neighboring Pakistan at the head of a large delegation. During the visit, many security issues were discussed, with the situation in Afghanistan seeming to be one of them. This is evident from the fact that Hassan Kazemi Qomi, Iran’s presidential envoy for Afghanistan, accompanied the foreign minister during the three-day visit.
Evil offer to Taliban
Related:
Taliban, US hold first official talks since Afghanistan takeover
Taliban Prepare Suicide Bombers in Water Dispute With Iran
Taliban rejects Iran claim leaders of ISIL sent to Afghanistan
Washington Seeks to Drum Up Support for Sanctions on China
The Joe Biden administration is pressuring allies to sanction China if Beijing decides to send arms to Russia, Reuters reported on Wednesday. Top American officials have claimed the Chinese government is considering providing weapons for Moscow’s war in Ukraine.
Washington Seeks to Drum Up Support for Sanctions on China
Related:
US House committee advances slew of sanctions bills related to China and Taiwan
Are We on the Cusp of Klaus Schwab’s Comprehensive Cyber Attack?
US to release stolen Afghan reserves, with a catch
The disbursement of the Afghan funds will be overseen by Washington through a Swiss bank of international settlements
US to release stolen Afghan reserves, with a catch
Return of the Leviathan: The Fascist Roots of the CIA and the True Origin of the Cold War
WHOSE INTEREST DID THE CREATION OF THE COLD WAR SERVE AND CONTINUES TO SERVE? CYNTHIA CHUNG ADDRESSES THIS QUESTION IN HER THREE-PART SERIES
Return of the Leviathan: The Fascist Roots of the CIA and the True Origin of the Cold War
Ms. Cat’s Chronicles 
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