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Prime minister of Yemen's Houthi government killed in Israeli strike ReutersPrime minister of Yemen's Houthi-run government killed in Israeli strike ReutersIsrael eliminates Houthi prime minister in Yemen airstrike targeting senior government officials Fox News
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Xi Uses Summit, Parade and History to Flaunt China's Global Pull The New York TimesWhile Trump Rattles the World, China Basks in the Limelight The Wall Street JournalTrump's double humiliation as Xi embraces Modi and Putin The TelegraphAs China began to strengthen anti-Western solidarity through the Shanghai Cooperation Organization ????‘America First' handing China big boost on the world stage: ‘I don't think Trump is aware' rawstory.com
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Israeli strike killed Houthi prime minister Ahmad al-Rahawi, group says The Washington PostHouthis Say Prime Minister Was Killed in Israeli Attack The New York TimesIsrael eliminates Houthi prime minister in Yemen airstrike targeting senior government officials Fox NewsYemen's Houthis say prime minister of rebel-controlled government killed in Israeli airstrike CNN
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Disruption. It's coming for the U.S. dollar in the form of digital currency. Last week the Biden administration detailed a broad plan for adopting a central bank digital currency (CBDC) in the coming years. The Departments of Energy, Commerce, the Treasury, and other agencies weighed in on how to manage and regulate a CBDC.
The government is reacting in part to the explosive growth of digital currencies. About three out of ten U.S. adults currently invest in some form of cryptocurrency, or "crypto," like Bitcoin or Ethereum. These digital "coins" rely on a decentralized network of computers to verify financial transactions, cutting out third parties like banks or credit cards.
The good, the bad, and the ugly of crypto
Advocates of crypto point to its affordability, efficiency, and its ability to reach consumers with little or no access to traditional banking services. With just a mobile phone or a crypto ATM, consumers can easily send and receive digital currency, even across international borders.
On the other hand, crypto is still largely unregulated and volatile. Investors in Bitcoin, for example, saw returns of over 70% in 2021, but the currency is down almost 60% year to date. And if you send your payment to the wrong account (called a "digital wallet") there may be no way to retrieve it. Crypto has also been used for money laundering, fraud, and to fund terrorism. Several
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