Central bankers discussed the emerging central bank digital currency (CBDC) environment at the Sibos conference in Beijing on Tuesday. According to Finextra, representatives from China, the Bahamas, Kazakhstan and Europe spoke about the nuances of this growing subset of the fintech sector. Key takeaway: For widespread CBDC adoption to become a reality, a more complete … Read more
NEW YORK: The Israeli military said it is planning a ‘serious and significant” response to Iran’s Tuesday night ballistic missile attack, as United Nations (UN) officials feverishly worked behind the scenes to avert a wider war in the Middle East.” But diplomats said that the UN efforts were unlikely to succeed as US-backed Israel has … Read more
International mediators began a new round of talks in Qatar on Thursday aimed at halting the Israel-Hamas war and securing the release of scores of hostages, with a potential deal seen as the best hope of heading off an even larger regional conflict. The talks come as Gaza’s Hamas-run ministry of health said that more … Read more