SWIFT, the messaging network that connects banks worldwide, is developing a system to connect the international financial system to the array of central banks’ digital currencies (CBDCs) expected to come into use over the next few years.
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SPOTLIGHT: CHINA’S ECONOMIC STRUGGLE
China’s stock markets got a boost last week after banks made a larger-than-expected 0.25-percent cut to the five-year loan prime rate against which mortgage loan rates are benchmarked.
DEATH OF JOURNALISM: BLOODBATH CONTINUES IN INDUSTRY
The bloodbath continues to play out in newsrooms across the U.S. as newspapers, magazines, websites, and cable channels try to navigate a challenging time for the industry.
CAN THIS PROBIOTIC FIX YOUR GUT AND HAIR?
The probiotic bacteria Lactobacillus reuteri help upregulate the hormone oxytocin, a chemical messenger that plays important roles in the male and female reproductive systems and influences aspects of human behavior, including sexual arousal, recognition, trust and interpersonal bonding
CPR CAN DO MORE HARM THAN GOOD WITHOUT A DEFIBRILLATOR
According to the Centers for Disease Control and Prevention,[1] 90 percent of the annual health care expenditure which totals $4.1 trillion is directed to people with chronic and mental health conditions. One of those is cardiovascular disease, which is the cause of more than 877,500 deaths each year.
DEATH OF JOURNALISM: LOCAL NEWS BLOODBATH CONTINUES AS MORE PUBLISHERS CLOSE UP SHOP
A newly released Northwestern University study found that 2023 was another tough year for journalism jobs, especially in local newspapers that closed at a rate of 2.5 a week.
FOREIGN INVESTORS LOSE APPETITE FOR U.S. TREASURY SECURITIES
Investors abroad, especially those in China and Japan, have been eager buyers of U.S. treasuries as the U.S. Federal Reserve scaled up interest rates over the past 18 months.
SPOTLIGHT: CHINA’S ECONOMY
China’s economy will end this year with a 5.4-percent growth rate, the International Monetary Fund (IMF) has projected, increasing its outlook for the country from the 5 percent it had foreseen in its October forecast.
SPOTLIGHT: CHINA’S ECONOMY FAILS TO IMPROVE
China exported 6.2 percent fewer goods in September than in August, notching the fifth consecutive month of declines, although the rate of decline slowed from 8.8 percent the month before. Imports also shrank by 6.2 percent, according to customs data reported by the Associated Press.
CAN LIGHT THERAPY CURE ALZHEIMER’S?
At Russia’s Saratov State University, scientists were able to use light to clear away and prevent the build-up of amyloid proteins, the hallmark of Alzheimer’s disease, among brain cells.