Fedcoin? The U.S. central bank is looking into it

The Federal Reserve is looking at a broad range of issues around digital payments and currencies, including policy, design and legal considerations around potentially issuing its own digital currency, Governor Lael Brainard said on Wednesday.

EU Holding First Post-Brexit Summit

The European Union’s first post-Brexit summit Thursday in Brussels promises to be a contentious one. The subject is money — how to fill a nearly $65 billion budget gap left by Britain’s departure from the bloc.

Bloomberg qualifies for next debate after poll boost

Former New York Mayor Michael Bloomberg on Tuesday qualified for this week’s Democratic presidential debate in Nevada, putting him on the same stage as his rivals for the first time in the race for the party’s nomination.

Israel asks UK to include Judea, Samaria in future free trade agreement

PM Netanyahu and Economy Minister Eli Cohen appealed to the British government to include Judea and Samaria, the Golan Heights and Jerusalem in the free trade agreement between the two countries, which will come into effect with the completion of Brexit – Britain’s withdrawal from the European Union – in 2021.

Top EU diplomat wants European strategy for Middle East peace

In light of US President Donald Trump unveiling of his Middle East peace plan in January, the European Union’s foreign policy chief, Josep Borrell, said the bloc needs to formulate a European initiative to facilitate the peace process between Israelis and Palestinians.

China’s online censors tighten grip after brief coronavirus respite

While censorship in China has tightened under President Xi Jinping, questions of transparency around the current outbreak are especially sensitive after Beijing’s cover-up of the extent of the 2003 SARS epidemic fuelled suspicion and mistrust, and led to official calls for openness this time around.

Trump to Transfer $3.8B From Military to Fund Border Wall

The Trump administration is transferring $3.8 billion in recently passed military funding to finance construction of the president’s long-sought U.S.-Mexico border wall, angering not just Democrats but also GOP defense hawks.

EU chief rejects Johnson’s idea of loose UK trade deal

The European Union will only offer Britain unique access to its vast single market if the U.K. agrees to stick to the bloc’s standards, European Commission President Ursula von der Leyen said Tuesday, dismissing British Prime Minister Boris Johnson’s idea of brokering a loose trade deal with the EU.

Half-a-million insect species face extinction: scientists

Half of the one million animal and plant species on Earth facing extinction are insects, and their disappearance could be catastrophic for humankind, scientists have said in a ‘warning to humanity’.

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