Day

August 29, 2020
Frances Coppola, a CoinDesk columnist, is a freelance writer and speaker on banking, finance and economics. Her book “The Case for People’s Quantitative Easing” explains how modern money creation and quantitative easing work, and advocates “helicopter money” to help economies out of recession. The Federal Reserve has just announced a change to its inflation targeting...
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With its neighbours Turkey and Iran activating new dams, Iraq’s historic twin rivers could run dry — unless new infrastructure projects and tense talks with the neighbouring countries bear fruit. Nowhere is the effect on the country more palpable than in Basra, Iraq’s only coastal province. Here, the Tigris and Euphrates — on which millions...
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Fed Chair Jerome Powell tried to make it seem like the end of an era, but didn’t inspire confidence in the central bank’s ability to lead in the era that comes next. On The Breakdown’s Weekly Recap, NLW looks at the shifting sands of the global economy. He says Federal Reserve Chair Jerome Powell’s speech...
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The recent exposé of massive misappropriation of the Covid-19 funds allocated for relief was a disturbing revelation to the nation. It was disturbing primarily because of the overwhelming effects that the pandemic has already had on South Africans: lives have been lost, businesses have been closed and many have been left without livelihoods. Finance Minister...
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Chainlink has acquired Cornell University’s privacy oracle solution DECO for an undisclosed amount. This is Chainlink’s second acquisition to date, according to an announcement made by the firm on Saturday. DECO was co-created by Ari Juel, former chief scientist at digital security firm RSA, who will also join Chainlink Labs as part of the deal...
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COMMENT I previously wrote about how post-pandemic infrastructure stimulus spending could take us even further backwards because of the way “local content” is structured. We are getting closer to the point where we need to think about this, with the onset of level two. Government policy for major tenders requires that 30% be awarded to...
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