Search Results for: EU Council

Actifs numériques pour 1 Un milliard de roubles émis en Russie en un mois

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Les plateformes autorisées par le gouvernement russe ont émis en avril des actifs numériques d'une valeur d'environ un milliard de roubles., la presse locale a rapporté. L'augmentation du volume a été attribuée aux entreprises russes qui expérimentent de nouveaux instruments financiers dans un contexte d'accès limité aux marchés traditionnels.…

Russian Foreign Minister Sergey Lavrov States De-Dollarization ‘Can No Longer Be Stopped’

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Russian Foreign Minister Sergey Lavrov has spoken on the current shift to national currencies and the de-dollarization international markets are currently experiencing. In a press conference after addressing the UN Security Council on April 25, Lavrov stated this shift could not…

BRICS Currency Will Erode US Dollar’s Dominance, Former White House Economist Warns

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Former White House economist Joseph Sullivan has warned that a BRICS currency would erode the U.S. dollar’s dominance. If member nations use only a common BRICS currency for international trade, “they would remove an impediment that now thwarts their efforts to…

L'or glisse sur la hausse des rendements du Trésor américain, Le FMI avertit que les sanctions contre la Russie menacent de saper la domination du dollar américain

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Prices of gold, and other precious metals, fell on Wednesday due to stronger U.S. yields and national currency. The decline comes on the backdrop of expectations of new interest rate increases next month amid persistent inflation in the United States and…

Core Inflation on Upward Trend, Further Rate Hikes Expected, ECB Execs Say

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Amid underlying inflationary pressures, further interest rate increases may still be needed, members of the European Central Bank’s Governing Council have admitted. At the same time, the cycle with the highest hikes may soon be over, the officials indicated. Fin de…

L’Arabie Saoudite et l’OPEP révèlent une réduction surprise de leur production pétrolière; La Maison Blanche insiste sur le fait que les réductions ne sont pas conseillées pour le moment

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Le dimanche, Saudi Arabia and several major oil producers announced their plan to cut oil production by 1.15 million barrels per day, starting in May and continuing until the end of 2023. According to the Saudi Energy Ministry, the move was…

North Korea Stole Record Amount of Crypto Assets in 2022, UN Report Unveils

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The regime in North Korea has managed to steal more cryptocurrency last year than in previous years, according to a draft U.N. rapport. Despite the difference between quoted estimates, the authors conclude that 2022 was a record-breaking year for crypto theft,…

European Union to Put a 10,000-Euro Limit on Cash Payments; Transactions Over €1,000 in Crypto Will Be Scrutinized

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The states of the European Union have convened to establish a new limit on cash purchases and to strengthen the controls on cryptocurrency transactions. On Nov. 6 the bloc agreed to put a limit of €10,000 ($10,557) on cash payments and…

Binance CEO Sees No Threat to Crypto From Central Bank Digital Currencies — Says CBDCs Will Validate Blockchain Concept

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The CEO of cryptocurrency exchange Binance does not see central bank digital currencies (CBDC) as a threat to cryptocurrencies, like bitcoin and ether. “It will validate the blockchain concept so that anybody who still has concerns about the technology will say:…

L'UE interdit les services de cryptographie aux Russes dans le cadre de nouvelles sanctions contre l'escalade en Ukraine

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An array of crypto-related services have been targeted in the latest round of sanctions on Russia approved by the EU. The measures are part of an expected tightening of the economic and financial restrictions in response to Moscow’s decision to annex…