Truth, Inspiration, Hope.

Tag: Chinese yuan

SWIFT removes Russia from its service.
SWIFT Drops Russia But Sanctions May ‘Backfire’
As Russia’s war with Ukraine wages on, many parts of the world have launched financial sanctions against Moscow. SWIFT, the financial messaging system, has banned Russia from making business transactions. However, critics say the financial...
China’s Central Bank Launches Digital Currency App
In an ambitious push to expand its digital currency, China’s central bank has launched a trial version for its digital yuan via a wallet app.  The app is now available on China’s Android and iOS...
Janet Yellen, former chair of the Federal Reserve Board under Barack Obama, has been nominated to become the new Treasury Secretary serving the Biden administration.
Janet Yellen Confirmed as the Next US Treasury Secretary
Janet Yellen, former chair of the Federal Reserve Board under Barack Obama, has been confirmed as the new Treasury Secretary serving the Biden administration.  Known to be a fiscal Dove and a Keynesian economist, her...