The World Economic Forum (WEF) has announced the first global consortium focused on digital currency governance including the stablecoins. The Global Consortium for Digital Currency Governance will aim for increasing access to the financial system through inclusive, innovative, and inter-operable policy solutions.Klaus Schwab, Founder & Executive Chairman, World Economic Forum said, “Digital currency is a cross-cutting topic that requires input across sectors, functions, and geographies. It is a key area of interest for the Forum. Building on our long history of public-private cooperation, we hope that hosting this consortium will catalyse the conversations necessary to inform a robust framework of governance for global digital currencies.”The formulation of the consortium is the first initiative to bring together financial institutions, technical experts, leading companies, NGOs, government representatives, international organisations and other members of the … [Read more...] about WEF announces global consortium for digital currency governance
Illinois economic policy institute
Beyond a warning from Kim that the world would soon see a "new strategic weapon", however, the deadline passed uneventfully. Since then, the North`s state media has been ominously quiet on the issue of talks with the United States. "I have a feeling they`re biding their time to roll out some changes to their foreign policy, including US policy, and North Korea may make its intentions clearer as it gets closer to the showcasing of its `new strategic weapon`," Lee said. … [Read more...] about North Korea urges citizens to ‘breakthrough barriers’ as nuclear stand-off continues
Sankalchand Patel University, a self-finance university in Gujarat on Monday signed a pact with Harcourt Butler Technical University (HBTU), Kanpur and Khwaja Moinuddin Chishti Urdu, Arabi-Farsi University, Lucknow, which will open avenues for students of both states along with exchange programme and collaborative research work. … [Read more...] about UP students invited to study in Gujarat
Some time early this century, the PLR was replaced by BPLR or benchmark PLR, which was supposed to factor in the actual cost of funds, operating expenses and regulatory requirements, provision for bad loans as well as profit margin. … [Read more...] about Why don’t banks pass on rate cut benefits to customers?
According to a 2018 study, over half of the known mortalities in populations of North Atlantic right whales in recent decades had been from ship strike — endangering the survival of the species. … [Read more...] about Ningaloo whale shark study finds one fifth injured by ships and that’s increasing