There are concerns that the US made concessions to Mr. Putin before the talks began, with conflicting messages from US officials highlighting the complexity of the negotiations...
According to Politico, Republicans in the United States are already worried that it will be difficult to pass new policies on borders, energy and taxes through the budget reconciliation process. And US House Speaker Johnson's promise to incoming President Trump in December that he would also use the reconciliation bill to raise the debt ceiling added another layer of complexity. Conservatives generally oppose raising...
Amid growing concerns that the Bank of England's digital currency (CBDC), Britcoin, will replace cash, Andrew Bailey, governor of the Bank of England (BOE), said, "The evidence is that people do want cash, so we will continue to offer it." Bailey said he supports banks issuing wholesale CBDCs, but is cautious about issuing retail CBDCs. Bailey further added that the Bank of England is setting up retail CBDCs for innovation. He believes that CBDC innovation should be open to the private sector an...
Federal Reserve Goolsby: I'm concerned that if we maintain this level of tightening, the likelihood of a recession could increase.
A record number of advertisers are planning to exit X next year for fear of being linked to extreme content, hitting Elon Musk's efforts to turn around the company's finances, according to the Financial Times. According to a global survey of industry executives by analytics group Kantar, 26 per cent of marketers plan to cut ad spend on X in 2025, the biggest drop on record for the world's major ad platforms. Since Musk took over X in 2022, the decision...
Paul Grewal, Coinbase's chief legal officer, said: "My biggest concern is that cryptocurrencies are becoming politicised and a partisan issue in the US, which at the very least slows or even threatens their continued growth and development." He stressed that policy modernisation would require bipartisan support in the US. Applying the Howell test "blindly and mechanically" to blockchain and cryptocurrencies has no impact.