Tag: Currency
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Two terrorists killed in J&K’s Kupwara after intelligence input; AK 47, Pak currency recovered
[ad_1] By Manjeet Negi: Two terrorists have been eradicated in Jammu and Kashmir after the navy’s intelligence issued an alert for seemingly infiltration from the Line of Management in the direction of the Machhal sector. The Indian Military thwarted the infiltration and recovered two AK sequence rifles, magazines and a big cache of war-like shops.…
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Central Bank to Issue Gold-Backed Digital Currency in Early May – Africa Bitcoin News
[ad_1] The Reserve Financial institution of Zimbabwe (RBZ) has stated it’ll begin issuing gold-backed digital tokens on Might 8. The primary section of the launch will see the digital tokens being issued for “funding functions with a vesting interval of 180 days.” The RBZ additionally revealed that the gold-backed digital tokens “could be used each…
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US Senator Rand Paul Warns of US Dollar Losing Reserve Currency Status — Says ‘It’s Not an Unfounded Prediction’ – Economics Bitcoin News
[ad_1] U.S. Senator Rand Paul has warned that the U.S. greenback might lose its standing as a world reserve foreign money. “For quite a lot of causes, each international coverage in addition to fiscal irresponsibility, sure, the greenback is in a precarious place,” mentioned the lawmaker. Senator Rand Paul on U.S. Greenback Shedding Reserve Foreign…
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Hillary Clinton Warns of ‘Worldwide Financial Meltdown’ and Dollar Losing Reserve Currency Status if US Defaults on Its Debt – Economics Bitcoin News
[ad_1] Former U.S. Secretary of State Hillary Clinton has warned that the U.S. defaulting on its debt obligations might result in a world monetary meltdown. “If Congress retains flirting with default, requires dethroning the greenback because the world’s reserve foreign money will develop a lot louder,” she burdened. Hillary Clinton on U.S. Debt Default and…
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White House Economist Warns China Wants to Weaken US Dollar’s Reserve Currency Status — Senator Says Biggest Threat Comes From Within – Economics Bitcoin News
[ad_1] In a congressional listening to, White Home economist Jared Bernstein says there’s “some proof” that China desires the U.S. greenback to lose its standing because the world’s reserve forex. Nonetheless, U.S. Senator Invoice Hagerty harassed that the largest menace to the USD dominance comes from inside. China Needs to See U.S. Greenback Dropping World’s…
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Economist Paul Krugman Criticizes Florida Gov. Ron DeSantis’ Opposition to Central Bank Digital Currency – Bitcoin News
[ad_1] Economist Paul Krugman questioned why Republican Florida governor Ron DeSantis opposes a central financial institution digital forex (CBDC) in a latest opinion editorial. Krugman urged that DeSantis could also be motivated by “normal paranoia.” He speculated that DeSantis could also be influenced by people who worry a digital forex may hinder “un-woke actions reminiscent…
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Brazil’s President Lula Urges Developing Countries to Abandon Dollar as Global Reserve Currency – Economics Bitcoin News
[ad_1] In response to Brazil’s president Luiz Inácio Lula da Silva, creating international locations ought to abandon the U.S. greenback and strengthen their very own nationwide currencies. Throughout a speech on the New Growth Financial institution in Shanghai, Lula expressed his nightly pondering: “Why do all international locations must base their commerce on the greenback?”…
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Iranian currency rates for April 9
[ad_1] BAKU, Azerbaijan, April 9. The Central Financial institution of Iran (CBI) introduced an official fee of foreign exchange on April 9, Pattern stories referring to CBI. In accordance with the foreign money alternate fee of the Central Financial institution of Iran, 16 currencies elevated and 19 have decreased in value, in comparison with April…
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Economist Peter Schiff Advises ‘Get Rid of Your US Dollars Now’ — Warns USD’s Reserve Currency Status in Jeopardy – Economics Bitcoin News
[ad_1] Economist Peter Schiff has urged folks to eliminate their U.S. {dollars} now as a rising variety of nations have escalated their efforts to scale back their dependence on the U.S. and the USD. “The greenback’s reserve foreign money standing is in jeopardy, as is the American lifestyle that depends upon it. The very best…
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Texas Lawmakers Introduce Bill Proposing to Establish a Gold-Backed Digital Currency – Bitcoin News
[ad_1] Two Republican lawmakers from Texas, senator Bryan Hughes and consultant Mark Dorazio, have launched laws to create a gold-backed digital foreign money that could possibly be enacted by the state legislature. The policymakers consider that this foreign money might significantly profit the Lone Star State and, instead digital foreign money, it might present Texas…