China is making significant strides towards the full-scale rollout of its digital yuan, with an emphasis on expanding its use across all retail payment scenarios. Changchun Mu, head of digital currency research at the People’s Bank of China (PBoC), confirmed that the central bank is seeking to make the digital […]
Daily Archives: September 14, 2023
4 posts
Morningstar’s ESG analytics group, Sustainalytics, has announced that it will lay off up to 12 percent of its workforce next week. This decision was disclosed during a recent town hall meeting, where the company revealed that between 150 and 180 employees would be let go. However, the specific departments or […]
Representative Tom Emmer (R-MN), along with 49 co-sponsors, reintroduced the “CBDC Anti-Surveillance State Act” in the House of Representatives on September 12. This legislation, first proposed by Emmer in January 2022 and formally introduced to Congress in February 2023, is designed to prevent the Federal Reserve from issuing a central […]
American Library Association (ALA) President Emily Drabinski stirred controversy with her statements at the Socialism 2023 conference in Chicago. Known for identifying herself as a “Marxist lesbian,” Drabinski advocated for public schools and libraries to become “sites of socialist organizing.” The conference also included panels on abolishing the nuclear family, […]