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Coalition of US Senators Press President Biden for a Fourth Round of Stimulus Checks
19.4.2021
While Americans are still getting their third stimulus payments, discussions of tacking on a fourth round of direct payments to Joe Biden’s trillion-dollar infrastructure proposal have started trending. Just recently, a coalition led by Senate Finance Chair Ron Wyden and over a dozen...
OFAC Escalates Russian Sanctions Listing Bitcoin Addresses, US Treasury Crypto Crackdown Rumors Spread
18.4.2021
Rumors concerning the U.S. Treasury cracking down on several financial institutions over money laundering has been spreading like wildfire on social media and forums. There’s been no formal announcement from the U.S. entity and at this stage, the news is widely considered FUD. However, some...
MIT Crypto Professor Gary Gensler Confirmed as New SEC Chairman
15.4.2021
The U.S. Securities and Exchange Commission (SEC) now has a new chairman, Gary Gensler. President Joe Biden’s pick, the MIT professor, whose classes included blockchain technology, digital currencies, and financial technology, has been confirmed by the Senate to lead the SEC. SEC Has a...
US President Biden Pushes for More Stimulus, One Million ‘Plus-up’ Payments Go out This Week
15.4.2021
U.S. politicians are talking about stimulus again in order to bolster American jobs and President Joe Biden’s infrastructure plan. At the end of last week, White House press secretary Jen Psaki explained that Biden would meet with bipartisan members of Congress on Monday in order to push...
Roblox Player Fakes Their Way Into White House Press Briefings
13.4.2021
An independent journalist named Kacey Montagu has spent the last few months integrating herself within the White House press corps, lying about her connections to outlets both real and fictional to ask the Biden administration questions during official briefings. But according to Politico, Montagu...
Care Has Always Been Infrastructure
13.4.2021
The emerging debate over whether care is infrastructure isn’t new or surprising. The question “what is infrastructure?” was triggered by President Biden’s announcement that the American Jobs Plan includes a $400 billion investment to expand Medicaid coverage of home and community-based services...
US Government Concerned China’s Digital Yuan Could Threaten Dollar as the World’s Dominant Reserve Currency
13.4.2021
The U.S. government is reportedly concerned that China’s digital yuan could threaten the U.S. dollar’s status as the world’s dominant reserve currency. Officials at the Treasury, State Department, Pentagon, and National Security Council are increasing their efforts to understand...
China’s PBOC Tests CBDC in Hainan; Biden Team Wary
13.4.2021
The People’s Bank of China has initiated the highly-anticipated Central Bank Digital Currency (CBDC) pilot trials in the Hainan Province following tests in other regions of the country. The tests will last from April 12 to April 25, 2021. The government officials of Sansha City, along with staff...
Digital Euro Summer, Enjin Filled With Millions, Biden's USD 2T Tax Plan + More News
31.3.2021
Joe Biden. Source: A screenshot, Instagram/joebiden
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The President of the European Central Bank (ECB), Christine Lagarde, has stated that...
More Stimulus Coming? President Biden and Senate Democrats Press for Another $3 Trillion
30.3.2021
On the heels of the last stimulus package, U.S. President Joe Biden is creating more legislation that may lead to a massive $3 trillion package dedicated to domestic needs and infrastructure. The recent discussions with Biden and Senate Democrats honed in on the political party’s “Build...
Joe Biden's USD 1.9T Stimulus Won't Reignite World Economy
28.3.2021
Source: Adobe/Ольга Копьёва
Michael Kitson, University Senior Lecturer in International Macroeconomics, Cambridge Judge Business School.
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The economic orthodoxy has long been that governments should try to balance their books and leave all the heavy lifting in managing their economies...
NASA míří k prvnímu startu SLS. Biden vybral úřadu nového šéfa
24.3.2021
Centrální stupeň rakety SLS má za sebou poslední test ve Stennisově vesmírném středisku. • Nyní se vydá na Floridu, kde se připraví na první start. • NASA bude mít také nového šéfa
Crypto Exchange FTX on the Verge of Winning Naming Rights for the Miami Heat’s Arena
24.3.2021
Samuel Bankman-Fried’s FTX crypto exchange is reportedly one vote away from winning a naming-rights deal for the arena of the NBA’s Miami Heat. The deal, which is believed to be worth $135 million, is set to be approved on March 26 by the Miami-Dade County Commission. Miami-Dade to...
Global Chip Shortage, Affecting Everything From PS5s To Graphics Cards, Is Becoming A "Crisis"
23.3.2021
While anyone reading this will know it has been hard finding a PS5 lately, loads of other markets are experiencing shortages as well, thanks to a global “crisis” affecting the supply of semiconductor chips to, well, anything that uses them. And that’s a lot of stuff.Read more
Will Joe Biden's Stimulus Plan Cause the US Economy to Overheat?
14.3.2021
US President Joe Biden signed the USD 1.9trn coronavirus relief package on March 11. Source: A screenshot, Instagram/potus
Laurent Ferrara, Professor of International Economics, SKEMA Business School.
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American GDP figures published on January 28 show that the country’s economy continued...
We Did It, Joe!
10.3.2021
It’s happening, y’all—the Democrats in Congress, with no Republican support whatsoever, have passed the $1.9 trillion covid-19 relief package, and President Joe Biden is expected to sign it on Friday. I am literally crying right now, thinking of all of the people this ambitious legislation will...
Biden’s $2 Trillion Relief Package the Largest Stimulus Payments to-Date, Plan Showers Money on the Bureaucracy
8.3.2021
On Saturday, politicians in the U.S. approved the massive $1.9 trillion Covid-19 relief package dubbed President Biden’s “American Rescue Plan.” The stimulus plan will see American citizens earning $75k or less eligible to receive $1,400. Moreover, households will get...
Compare Which Presidents Had the Tackiest Office Decor
8.3.2021
The Oval Office is the closest thing the U.S. has to a throne room. It is the inner-sanctum of the presidency. Most of us know it through news broadcasts, photos published by the news media, and its many depictions in pop-culture, and we know there’s a desk, some flags, a couple couches, and...
George Ball Says Crypto Is Effective Hedge Against Currency Debasement as US Passes $1.9 Trillion Stimulus Bill
8.3.2021
The chairman of investment firm Sanders Morris Harris, George Ball, says cryptocurrencies are an effective hedge against currency debasement. In addition, he says that cryptocurrencies are attractive as a small part of portfolios. George Ball Advocates for Crypto as Hedge Against Currency...
Blockchain Association meeting with key Biden staff about regulations
5.3.2021
The crypto advocacy group is going on a charm offensive and meeting with top representatives of the Biden administration