The US may print $1 trillion worth of platinum currency to resolve the crisis surrounding the government’s so-called debt ceiling. According to economist Paul Krugman, if the central bank sells bonds and withdraws dollars from circulation, it can offset the inflationary effect of issuing such currency. Says the former Nobel laureate: “People who know better […]
Dutch IT channel – bunq expands to the US
After a successful decade serving European users, Neobank now focuses on five million European expats, international entrepreneurs and professionals in the US. The challenger wants to make life easier for these US users and open a full bank account in less than five minutes. Perfect for anyone with an international lifestyle, the bunq app allows […]
Once again, a regional bank in America is reeling
The recovery of American First Republic Bank has yet to restore investor confidence. Three days after banking giant JP Morgan saved a troubled San Francisco financial institution from collapse, another US bank is reeling. Again, it’s a regional player from California: Backwest in Los Angeles. Turmoil at PacWest, which has nearly 2,500 employees and 67 […]
Belgium soccer player suspended and fined after racist riots in US | Foreign football
New York Red Bulls’ Belgian footballer Dante Vancier has been banned for 6 matches for racist comments. He was also fined by Major League Soccer. The 24-year-old attacker, who has only been playing football in the US for two months, has been away from the club “until further notice” due to racism. Wanseer allegedly made […]
US tornado death toll rises to 32
The southern and central United States have been hit by dozens of tornadoes since Friday night, and at least 32 people have died so far. Report that American media on Sunday. Dozens, probably hundreds, of others were injured. Storms with heavy rain moved east of the country on Saturday evening. In recent days, more than […]
The US Federal Reserve continues to raise interest rates
International•3 May ’23 at 22:18Author of the book: AP The Federal Reserve has again raised US interest rates by a quarter of a percentage point. As a result, the key interest rate in the US is now between 5 and 5.25 percent. But that may have been the last rate hike. US Federal Reserve policymakers […]
Writers strike in America
Film and television writers in the US went on strike yesterday to demand compensation for their work. It may take some time for the strike to affect TV series and movies, but it depends on how long it lasts. More than 11,000 members of the Writers Guild of America went on strike Tuesday afternoon. They […]
Column | A New American Strategy for a New Age
Apparently, Washington thought it was time to pause for strategic reflection. Rhetoric about an imminent military conflict between the US and China has been so high in recent months that calls for an economic ‘disengagement’ between the two superpowers have become so loud that the White House has had to dot the i’s and cross […]
Ukraine and US Authorities Take Over Nine Illegal Cryptocurrency Platforms – Computer – News
US authorities have seized several cryptocurrency platforms that were allegedly misused to support money laundering and cybercriminal activities. It is about nine domains. The US cooperated with authorities in Ukraine. Action was taken It was carried out by various authorities at the end of April, the US Department of Justice now announces. A local FBI […]
US Will Hit Debt Ceiling Soon: What Does It Mean? | economy
02 mei 2023 om 10:49Update: 44 minuten geleden America must raise the debt ceiling soon. US Treasury Secretary Janet Yellen fears the country may no longer be able to meet all of its financial obligations on June 1. What is going on? Do we notice that too? The US Congress occasionally sets the debt ceiling […]