FBI Offers $25K Rewards for Info on Pro-life Center Attacks
The FBI has issued a bevy of $25,000 reward offers for information on the 2022 attacks against pro-life pregnancy centers in America.
Dollar
Central-bank digital currencies are coming—whether countries are ready or not
Central-bank digital currency” doesn’t exactly roll off the tongue. But you might want to get used to saying it. These so-called CBDCs, or digital versions of dollars, yuan, euros, yen or any other currency, are coming, say those who study them. And depending on how they are designed and rolled out, their impact on the banking system could be profound.
Household wealth dropped by $13.5 trillion from January to September, second-worst destruction on record
American households lost about $6.8 trillion in wealth over the first three quarters of 2022 as the stock market shed more than 25% of its value, the Federal Reserve reported Friday in the government’s quarterly financial accounts.
Hungary Delaying NATO Expansion Seeks Israel’s Defense
Hungary’s controversial prime minister says his country will only consider ratifying NATO military alliance membership of Finland and Sweden next year.
New York Fed announces test of digital dollar with major banks
The Federal Reserve Bank of New York and major banks will launch a three-month test of a digital dollar in hopes of studying its feasibility.
Central Bank Digital Currencies Spark Outrage; Dutch Queen Questioned
Dutch Queen Maxima has come under pressure over embracing central bank digital currencies (CBDCs), which could enable governments to control people’s spending.
British Chancellor Sacked After Disastrous Tax Plan
Britain’s embattled Prime Minister Liz Truss fired her Finance Minister Kwasi Kwarteng on Friday and deleted parts of their economic package in a desperate bid to stay in power and reassure markets after financial turmoil.
US hit with 15 billion-dollar disasters this year
Hurricane Ian, which has just devastated Florida and Puerto Rico, was the 15th billion-dollar weather and climate disaster to hit the US this year so far, Axios reports. Early estimates of damage from Hurricane Ian show insured losses of $53 billion to $74 billion.
Hurricane Ian Death Toll Rises To Over 80
The death toll of Hurricane Ian past 80, while residents in the U.S. state of Florida and the Carolinas faced recovery costs expected in the tens of billions of dollars.
British Pound Plunges To Record Lows
The British pound plunged to an all-time low against the U.S. dollar Monday as investors ran for the exits after the new government’s fiscal plan threatened to stretch Britain’s finances to their limits.
