The COVID-19 pandemic appears to be waning across the world, with restrictions being lifted and life, more or less, returning to normal. But journalist Nick Corbishley, who writes about economic and political trends in Europe and Latin America, is warning that the World Health Organization still plans to implement a global digital ID and vaccine…
Vaccine Passports Pave Way for Digital ID and Globalist Control: Journalist
April 7, 2022
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Unemployment Rate Hits New Pandemic Low; Sen. Warren Wants a Fed Digital Currency | NTD Business
Last month, 431,000 jobs were added, the jobs market continues to be strong, and the unemployment rate also hits a new pandemic low. Sen. Elizabeth Warren calls for a central bank digital currency. What are the pros and cons? Chinese property developers are in the spotlight again, and not in a good way. A slew of them just…
Bitcoin Won’t Replace the Dollar—but China’s Digital Currency Might
Commentary In 2009, bitcoin, the world’s first decentralized digital currency was created. Designed to replace the U.S. dollar, the global reserve currency, bitcoin has become a sort of Rorschach test for humanity. Some have compared it to rat poison; meanwhile, other people, like Eric Adams, the crypto-friendly mayor of New York City, are firm believers….
Big Brother Is Getting Bigger
“This is a surveillance tool, and it’s disguised as a payment mechanism,” Erik Bethel said of the Chinese regime’s new digital currency. In this episode of “American Thought Leaders,” host Jan Jekielek and Bethel, a global finance analyst, discuss the situation in China, and the threat of the digital yuan to the U.S. economy and to…
A SWIFT Kick in Russia’s Assets Isn’t Enough
Commentary As Russia’s invasion into Ukraine continues, among the U.S. responses is the denial of selected Russian banks’ access to the Society for Worldwide Interbank Financial Telecommunications (SWIFT) international financial messaging network. Keep in mind that the SWIFT system has been a critical component of American foreign policy since 1973, as has the dollar’s reserve…
China’s Digital Currency Is a Surveillance Tool Threatening US: Former US Representative
February 11, 2022
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Beijing’s new digital currency is a tool that could prop up authoritarian regimes around the world, including China, and the Chinese paperless money could also undermine U.S. leadership in finance, warned a global finance professional. “This is a surveillance tool and it’s disguised as a payment mechanism. It’s going to allow the People’s Bank of…
Fed Study on Digital Currency Leans Toward Role for Banks
WASHINGTON—The Federal Reserve on Thursday released a highly anticipated report on central bank digital currencies that suggested it is leaning toward having banks and other financial firms, rather than the Fed itself, manage digital accounts for customers. A central bank digital currency would differ in some key ways from the online and digital payments that…
Digital Euro, Swiss Franc Trials Were Successful, C.banks Say
ZURICH—Europe’s first cross-border trial of central bank digital currency payments has been described as a success by the central banks of Switzerland and France, though they said it would not immediately lead to the issuance of CBDCs. Project Jura, named after the mountains between the two countries, is the latest in a series of CBDC…
Possibility of an Official Australian Digital Currency in the Future: RBA
December 8, 2021
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Philip Lowe, governor of the Reserve Bank of Australia (RBA), has flagged the possibility of a central bank-backed form of digital currency in the future and welcomed the federal government announcement to overhaul the payments system. In an address to the Australian Payments Network Summit on Dec. 9, Lowe discussed the rising popularity of electronic…
Examining China’s Digital Currency Ambitions
Beijing is pushing a unique financial campaign: urging Chinese citizens and businesses to start using digital currency across the nation. And once that’s done, it has plans to promote that digital currency worldwide, eventually looking to achieve international use. But why go through all the trouble? It may be part of Beijing’s long game to…
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