💵 Digital currency gets a look from the Fed
A digital dollar backed by the US government might lead to faster money transfers, and be more accessible than the current banking system, according to a new paper from the Federal Reserve.
The paper is meant to act as a “first step in a discussion,” and doesn’t specifically advocate for creating a “central bank digital currency”. Still, the creation of a digital dollar would be a massive shift in how big a role the government could play in our finances.
The Fed, in its paper, makes clear that no specific design or technology has yet been proposed, saying it “will continue to explore a wide range of design options.” The reserve is currently experimenting with and exploring centralized, blockchain, and distributed methods of implementing a digital currency.
Subscribe to @sputniknewsus
A digital dollar backed by the US government might lead to faster money transfers, and be more accessible than the current banking system, according to a new paper from the Federal Reserve.
The paper is meant to act as a “first step in a discussion,” and doesn’t specifically advocate for creating a “central bank digital currency”. Still, the creation of a digital dollar would be a massive shift in how big a role the government could play in our finances.
The Fed, in its paper, makes clear that no specific design or technology has yet been proposed, saying it “will continue to explore a wide range of design options.” The reserve is currently experimenting with and exploring centralized, blockchain, and distributed methods of implementing a digital currency.
Subscribe to @sputniknewsus
👍1
❗Powerful magnitude 6.0 earthquake rattles the Philippines - USGS
💥 Truck transporting 100 monkeys crashes in central Pennsylvania, 4 loose monkeys found
State officials revealed that the incident occurred when a tractor-trailer collided with a dump truck around 3:30 p.m. local time on Route 54 off Interstate 80. Four monkeys had briefly escaped as a result of the crash.
The PA Game Commission found the missing monkeys with assistance provided by a Pennsylvania State Police helicopter.
Subscribe to @sputniknewsus
State officials revealed that the incident occurred when a tractor-trailer collided with a dump truck around 3:30 p.m. local time on Route 54 off Interstate 80. Four monkeys had briefly escaped as a result of the crash.
The PA Game Commission found the missing monkeys with assistance provided by a Pennsylvania State Police helicopter.
Subscribe to @sputniknewsus
🚨 An NYPD rookie officer was killed and another one is in critical condition after a shooting in Harlem, authorities said on Friday.
Three police officers were responding to a call about a domestic disturbance involving a mother and a son on Friday evening. When the cops entered the house, the suspect — one of the woman's sons — fired shots.
"He suddenly, without warning, opened fire on them", NYPD Commissioner Keechant Sewell told media outlets.
One of the cops, 22-year-old Jason Rivera (left), died at the scene. His colleague, 27-year-old Wilbert Mora (right), was rushed to a hospital in critical condition and is now in surgery.
The third police officer managed to shoot the suspect, 47-year-old Lashawn McNeil, in the arm and head when he tried to flee the scene. The gunman is now also in hospital in critical condition.
Subscribe to @sputniknewsus
Three police officers were responding to a call about a domestic disturbance involving a mother and a son on Friday evening. When the cops entered the house, the suspect — one of the woman's sons — fired shots.
"He suddenly, without warning, opened fire on them", NYPD Commissioner Keechant Sewell told media outlets.
One of the cops, 22-year-old Jason Rivera (left), died at the scene. His colleague, 27-year-old Wilbert Mora (right), was rushed to a hospital in critical condition and is now in surgery.
The third police officer managed to shoot the suspect, 47-year-old Lashawn McNeil, in the arm and head when he tried to flee the scene. The gunman is now also in hospital in critical condition.
Subscribe to @sputniknewsus
👍1
🇷🇺🇺🇸 Moscow says it received false accusations from the US instead of a response to security guarantees.
"Instead of taking a pause and concentrating on a concrete response to the questions that were posed in the Russian documents, the White House and its Western allies launched an extremely toxic propaganda campaign, representing our country as an 'aggressor', 'opponent of civilised Europe', and 'threat' to international stability", the Russian Foreign Ministry said in a statement.
Subscribe to @sputniknewsus
"Instead of taking a pause and concentrating on a concrete response to the questions that were posed in the Russian documents, the White House and its Western allies launched an extremely toxic propaganda campaign, representing our country as an 'aggressor', 'opponent of civilised Europe', and 'threat' to international stability", the Russian Foreign Ministry said in a statement.
Subscribe to @sputniknewsus
This media is not supported in your browser
VIEW IN TELEGRAM
🤔🐱 A mother from Michigan has claimed that one of the unisex bathrooms in a state school has had a litter box installed for those who identify as "furries".
However, her claims have reportedly been debunked by Midland Public School Superintendent Michael E. Sharrow, who said: "There have never been litter boxes within MPS schools".
Subscribe to @sputniknewsus
However, her claims have reportedly been debunked by Midland Public School Superintendent Michael E. Sharrow, who said: "There have never been litter boxes within MPS schools".
Subscribe to @sputniknewsus
⚡️US State Dep't doesn't confirm report that embassy personnel are to quit Ukraine from Monday
Sputnik International
⚡️US State Dep't doesn't confirm report that embassy personnel are to quit Ukraine from Monday
❗️Commenting on the recent report by Fox News — that the State Dept ordered evacuation of families of US embassy personnel in Ukraine — the agency said it has "nothing to announce at this time".
"We conduct rigorous contingency planning, as we always do, in when the security situation deteriorates," a State Department spokesman told Sputnik. "If there is a decision to change our posture with respect to American diplomats and their families, American citizens should not anticipate that there will be U.S. government-sponsored evacuations. Currently commercial flights are available to support departures."
Subscribe to @sputniknewsus
"We conduct rigorous contingency planning, as we always do, in when the security situation deteriorates," a State Department spokesman told Sputnik. "If there is a decision to change our posture with respect to American diplomats and their families, American citizens should not anticipate that there will be U.S. government-sponsored evacuations. Currently commercial flights are available to support departures."
Subscribe to @sputniknewsus
👍1
This media is not supported in your browser
VIEW IN TELEGRAM
🌌 The process of unfolding of the James Webb Space Telescope (JWST) is coming to a close.
NASA has reported that as soon as next week, JWST is due to arrive at its destination, known as the second Lagrange Point (L2), from which the world’s biggest telescope will begin its in-depth observation of the distant universe.
Subscribe to @sputniknewsus
NASA has reported that as soon as next week, JWST is due to arrive at its destination, known as the second Lagrange Point (L2), from which the world’s biggest telescope will begin its in-depth observation of the distant universe.
Subscribe to @sputniknewsus
Media is too big
VIEW IN TELEGRAM
📹: A man in Florida had to fend off a bear after he mistook the animal for a dog. Luckily, he knew exactly what to do.
Subscribe to @sputniknewsus
Subscribe to @sputniknewsus
👍1
🚫 The US State Dep't has not confirmed a report that its embassy personnel are to quit Ukraine
The statement comes shortly after a Fox News reporter on Saturday tweeted that the State Department had "[ordered] families of US embassy personnel in Ukraine to begin evacuating the country as soon as Monday."
Late Friday, the US said it had delivered some 200,000 pounds of "lethal aid”, including ammunition. The US, alongside its European allies, has claimed that Russia has pre-positioned over 100,000 troops on its border with Ukraine, alongside significant artillery and tank deployments.
As tensions in Ukraine continue to simmer, the Kremlin has rolled out security proposals demanding that NATO agrees to not expand eastwards or deploy offensive weapons in countries bordering Russia.
Subscribe to @sputniknewsus
The statement comes shortly after a Fox News reporter on Saturday tweeted that the State Department had "[ordered] families of US embassy personnel in Ukraine to begin evacuating the country as soon as Monday."
Late Friday, the US said it had delivered some 200,000 pounds of "lethal aid”, including ammunition. The US, alongside its European allies, has claimed that Russia has pre-positioned over 100,000 troops on its border with Ukraine, alongside significant artillery and tank deployments.
As tensions in Ukraine continue to simmer, the Kremlin has rolled out security proposals demanding that NATO agrees to not expand eastwards or deploy offensive weapons in countries bordering Russia.
Subscribe to @sputniknewsus
❗German naval chief reportedly resigns after backlash over remarks on Putin, Crimean peninsula.
This media is not supported in your browser
VIEW IN TELEGRAM
🔥 Massive wildfire engulfs California's Big Sur, causes evacuations and shutters major highway
US President Joe Biden travelled to the region to announce measures to help tackle the aftermath of the rare winter conflagration - which was declared a national disaster.
US President Joe Biden travelled to the region to announce measures to help tackle the aftermath of the rare winter conflagration - which was declared a national disaster.
🥶 US East Coast along with Virginia and the Carolinas slammed with snow, ice
A layer of ice and a blanket of snow covered coastal areas stretching from South Carolina to Virginia on Saturday after a winter weather system brought colder temperatures and precipitation not often seen in the mid-Atlantic region of the US. The snowfall in southeastern Virginia and northeastern North Carolina mirrored the forecast of 4 to 6 inches (10 to 15 centimeters), said Mike Montefusco, a meteorologist with the National Weather Service in Wakefield, Virginia.
About 4,500 homes had lost power in areas of coastal South Carolina on Friday night, including in Myrtle Beach. Officials said that several highway bridges remained closed Saturday morning, and have urged drivers to stay off the ones that are open.
Subscribe to @sputniknewsus
A layer of ice and a blanket of snow covered coastal areas stretching from South Carolina to Virginia on Saturday after a winter weather system brought colder temperatures and precipitation not often seen in the mid-Atlantic region of the US. The snowfall in southeastern Virginia and northeastern North Carolina mirrored the forecast of 4 to 6 inches (10 to 15 centimeters), said Mike Montefusco, a meteorologist with the National Weather Service in Wakefield, Virginia.
About 4,500 homes had lost power in areas of coastal South Carolina on Friday night, including in Myrtle Beach. Officials said that several highway bridges remained closed Saturday morning, and have urged drivers to stay off the ones that are open.
Subscribe to @sputniknewsus
💥 Magruder High School student charged as adult with attempted second-degree murder The 17-year-old Maryland student was armed with an “ghost gun," police in Montgomery County said. The suspect, Steven Alston Jr., was being held without bond and is expected to appear in court Monday.
Police believe the suspect was armed with a “ghost gun,” a weapon assembled from different parts. The proliferation of such guns, which are untraceable, has alarmed police and prosecutors around the country. The school went into a full lockdown at 1:05 p.m. on Friday and saw SWAT officers deployed to the scene. Detectives identified the suspect early on in the incident, officials said.
Alston is alsocharged with first-degree assault, use of a firearm in the commission of a felony/violent crime, first-degree assault, possession of a dangerous weapon on school property and possession of a firearm by a minor, according to police.
Subscribe to @sputniknewsus
Police believe the suspect was armed with a “ghost gun,” a weapon assembled from different parts. The proliferation of such guns, which are untraceable, has alarmed police and prosecutors around the country. The school went into a full lockdown at 1:05 p.m. on Friday and saw SWAT officers deployed to the scene. Detectives identified the suspect early on in the incident, officials said.
Alston is alsocharged with first-degree assault, use of a firearm in the commission of a felony/violent crime, first-degree assault, possession of a dangerous weapon on school property and possession of a firearm by a minor, according to police.
Subscribe to @sputniknewsus
📈 GOP Rep. Marjorie Taylor Greene sold up to $15,000 worth of Activision Blizzard stock on the day Microsoft announced plans to buy the video game company.
Greene ranks among Congress' most active stock traders. She was the first member of Congress to invest in Donald Trump's social media company, TRUTH social, and frequently invests in companies that espouse social views that clash with her own.
The project identified 54 members of Congress who failed to properly report financial transactions, as mandated by the Stop Trading on Congressional Knowledge Act of 2012, also known as the STOCK Act.
Subscribe to @sputniknewsus
Greene ranks among Congress' most active stock traders. She was the first member of Congress to invest in Donald Trump's social media company, TRUTH social, and frequently invests in companies that espouse social views that clash with her own.
The project identified 54 members of Congress who failed to properly report financial transactions, as mandated by the Stop Trading on Congressional Knowledge Act of 2012, also known as the STOCK Act.
Subscribe to @sputniknewsus
👷♂️ Amazon facing formal complaint from labor board over worker firing
The National Labor Relations Board is preparing to issue a complaint against Amazon, alleging that the company illegally fired a worker at one of its New York warehouses, unless the company first settles the case. At issue is whether Daequan Smith, an organizer with the newly-formed Amazon Labor Union (ALU), was fired for his work toward organizing.
The ALU Is awaiting a hearing on its petition to hold a union election at four of Amazon’s warehouses on Staten Island. Smith was a worker at one of the Staten Island warehouses, and has reportedly been left homeless.
The NLRB has the authority to reinstate workers fired for organizing, but it’s not clear whether it would do so in this case.
Subscribe to @sputniknewsus
The National Labor Relations Board is preparing to issue a complaint against Amazon, alleging that the company illegally fired a worker at one of its New York warehouses, unless the company first settles the case. At issue is whether Daequan Smith, an organizer with the newly-formed Amazon Labor Union (ALU), was fired for his work toward organizing.
The ALU Is awaiting a hearing on its petition to hold a union election at four of Amazon’s warehouses on Staten Island. Smith was a worker at one of the Staten Island warehouses, and has reportedly been left homeless.
The NLRB has the authority to reinstate workers fired for organizing, but it’s not clear whether it would do so in this case.
Subscribe to @sputniknewsus
❗ US President Joe Biden met with his national security team Saturday to discuss Russia and Ukraine. The Camp David meeting saw the participation of national security adviser Jake Sullivan and Steve Ricchetti, who serves as counselor to the president. Additional officials joined in via a secure video conference.
The president was briefed on the current state of Russian military operations along Ukraine’s borders and discussed both ongoing efforts to de-escalate the situation with diplomacy and measures coordinated with allies and partners. Biden again affirmed that the US could impose severe consequences on Russia.
Subscribe to @sputniknewsus
The president was briefed on the current state of Russian military operations along Ukraine’s borders and discussed both ongoing efforts to de-escalate the situation with diplomacy and measures coordinated with allies and partners. Biden again affirmed that the US could impose severe consequences on Russia.
Subscribe to @sputniknewsus