USAID Approves $131mn Investment To Counter Impact Of Russian War On Ukraine

USAID Approves $131mn Investment To Counter Impact Of Russian War On Ukraine

“With these funds, USAID will help address the horrific impact of the ongoing war on civilians, the private sector, government institutions, and civil society. This funding will also enable USAID to continue helping the Ukrainian government combat corruption; build defenses against cyberattacks, disinformation [propaganda], and other tools of Kremlin aggression; sustain democratic reforms; strengthen the healthcare system, and foster economic growth that benefits Ukrainians.”

Federal Reserve System Takes First Step Toward Creating Its Own Digital Currency

Federal Reserve System Takes First Step Toward Creating Its Own Digital Currency

While the Paper examines the potential benefits and risks of a U.S. CBDC, it is not intended to advance any specific policy outcome, nor is it intended to signal that the Fed will make any imminent decisions about the appropriateness of issuing a U.S. CBDC. However, the Paper undoubtedly is the Fed’s first step toward central bank digital currencies via a public discussion with its stakeholders.