During a presentation at a conference in Morocco, Kristalina Georgievahe the managing director of the International Monetary Fund (IMF) announced that the global body is “working hard on the concept of a global CBDC platform.” Georgieva declared that Central Bank Digital Currencies need to be interoperable between countries, noting “If we are to be successful, CBDCs could not be fragmented national... 

In an excellent display of how US foreign policy can be used as a means of pandering to domestic interest groups, the Biden administration has threatened to impose sanctions on Uganda as punishment for that regime’s adoption of new laws criminalizing some types of homosexual behavior. While it is abundantly clear that this move from the Ugandan state presents absolutely no threat to any vital US... 

The German economy has now entered a recession, reports CNBC. GDP fell 0.3 percent in the first quarter of this year after a 0.5 percent decline in the final quarter of 2022. In a formal sense, the new figures mean a recession, as two consecutive quarters of negative growth are technically used to define a recession. Inflation, the war in Ukraine and sanctions against Russia have put the German economy... 

The revelation that both the NHS and the British Medical Association (BMA) have been providing guidance on how to secure jobs in Australia has sparked criticism from senior medics and Tory MPs, who view it as counterproductive amid ongoing staffing challenges in the UK’s healthcare system. The guides, which include testimonials from doctors who have made the move to Australia, offer practical... 

But behind closed doors, Ukraine’s leader has proposed going in a more audacious direction — occupying Russian villages to gain leverage over Moscow, bombing a pipeline that transfers Russian oil to Hungary, a NATO member, and privately pining for long-range missiles to hit targets inside Russia’s borders, according to classified U.S. intelligence documents detailing his internal communications... 

Despite the introduction of ten different sanctions packages aimed at pressuring Russia to end the war in Ukraine, the value of imports from Russia to EU countries has only decreased by five percent over the past year, the Europaportal reports. Instead of reducing their imports, twelve EU countries have actually increased them. The EU is now preparing an eleventh package of sanctions against Russia... 

The recent approval of recommendations by California’s reparations task force marks a significant step in addressing historical injustices inflicted upon black residents of the state. The proposed compensation package, which could amount to $1.2 million per eligible individual, aims to acknowledge and rectify the enduring impacts of slavery and systemic discrimination. Formed in the wake of... 

After closing its last three nuclear plants, Germany continues to heavily rely on French power generated from nuclear plants. In recent years, German system operators have very often instructed some large industrial consumers to reduce or completely stop their consumption during certain periods in order to guarantee system balance, nuclear energy expert Zsolt Hárfás told Hungarian newspaper Magyar... 

Argentina is in a very difficult economic situation with inflation over 100 percent in March and a currency, the peso, plummeting in value against the dollar. The country’s central bank recently raised its key interest rate to 91 percent, which is the highest level in over 30 years, reports TT. This has created great difficulties for Argentine borrowers. Restaurant owners in Buenos Aires have... 

With its 25 bedrooms and gold-ceilinged ballroom, Witanhurst is said to be the capital’s second-largest private residence — only Buckingham Palace is bigger. And as these exclusive aerial photographs taken this week by The Daily Mail show, the £300 million property certainly looks fit for a king. The North London mansion’s lawns have been carefully mown into stripes, its flowerbeds... 

Food prices in France and Spain are continuing their relentless rise, as the worst cost-of-living crisis in a generation rages across the European Union (EU), according to data published by Bloomberg on Monday. The cost of the main groceries needed to cook the French dish coq-au-vin soared 15.4% in March to more than €19 ($21) compared to the same period a year ago, according to data from the national... 

Over the weekend, Poland and Hungary banned imports of Ukrainian grain and other food products after cheap goods flooded their markets. The move was a result of Ukrainian grain being stuck in the country due to blocked ports for many months prior to the UN-brokered grain export deal. While much of it flowed into neighboring Poland, the majority tended to remain stuck in the country, which severely... 

During a speech at the US-Ukraine Partnership Forum in Washington on Thursday, Victoria Nuland, the US Under Secretary of State for Political Affairs, said that the American authorities are in discussions about using the Russian central bank assets frozen by the West to rebuild Ukraine after the conflict between Kiev and Moscow ends. The reconstruction program aims not only to rebuild Ukraine’s... 

Jamie Dimon, CEO of JP Morgan, has called for governments worldwide to seize people’s private property to build wind and solar farms. This comes in the wake of a lawsuit filed against JP Morgan by Denise George, the former US Virgin Islands Attorney General, alleging the bank profited from Jeffrey Epstein’s sex trafficking scheme. In his annual letter to shareholders, Dimon states that... 

A widely shared video of European Central Bank President Christine Lagarde admitting that a digital euro will be used in a “limited” way to control the payments that people can make was taken from a three-week-old prank video. The video was highlighted by the breaking news account Watcher Guru on April 6 and generated a significant amount of social media chatter. In it, Lagarde cited a desire...