Coronavirus Stimulus Offered By House Financial Services Committee Creates New Digital Dollar

As the markets continue to drop and the U.S. looks to Congress for agreement on a massive stimulus package to save the economy from impacts of the coronavirus pandemic, the newest offer by House Democrats includes a very forward-looking kind of stimulus: the creation of a ‘digital dollar’ and the establishment of ‘digital dollar wallets.’ In what will send shock waves through the cryptocurrency and blockchain industry, particularly for those following central bank digital currencies around the world, this signals the U.S. is serious in establishing infrastructure for a central bank digital currency.

IDF attacks targets in Gaza following mortar launches

IAF aircraft attacked Hamas targets in the Gaza Strip overnight on Thursday, the IDF Spokesperson’s Unit reported. The airstrikes were targeting underground infrastructure used by the organization’s military wing, the Qassam Brigades.

US base in Kenya attacked by Somali Islamic terrorists

A military airstrip in Kenya was attacked by Al Qaida-linked Al Shabab early Sunday, destroying several American aircraft, as US and Kenyan military shored up defenses against the Somalian terrorist organization.

Joe Biden Proposes $1 Trillion in New Corporate Taxes

Democratic presidential candidate Joe Biden proposed nearly $1 trillion in new corporate taxes on Wednesday as he sought to generate more revenue to pay for his policy plans on health care, climate, infrastructure and education.

Trump Rids Major U.S. Container Port of Chinese Communist Control

Under a long-term deal sealed by the Obama administration, a Chinese Communist company was set to control the second-busiest container port in the United States. In an unreported Trump administration victory, the Communists are out after a drawn-out national security review forced a unit of China-based COSCO Shipping Holdings Co. (Orient Overseas Container Line—OOCL) to sell the cherished container terminal business, which handles among the largest freight of imports into the U.S.

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