A top financial expert urges the Reserve Bank of India (RBI) to establish a strategic crypto reserve featuring major assets like Bitcoin and XRP. Aravind made the recommendation today, calling on India to immediately create a strategic crypto reserve that the Reserve Bank of India will run. He suggested India start the initiative with four…
Browsing: Politics
TLDR ECB cuts interest rates by 0.25% to 2.25%, marking seventh cut in a year Cut comes amid concerns about US tariffs and their potential impact on EU economy European inflation at 2.2% in March, approaching ECB’s 2% target Trump criticized Fed Chair Jerome Powell for not cutting US rates similarly Italian PM Meloni heading […] The post ECB Slashes Rates Again While Trump Blasts Powell for Standing Still appeared first on MoneyCheck.
TLDR President Trump criticized Fed Chair Jerome Powell, saying his “termination cannot come fast enough” Trump urged Powell to follow the ECB’s example and cut interest rates Powell warned Trump’s tariffs would likely cause “higher inflation and slower growth” Powell stated he intends to serve his full term, which expires in May 2026 Treasury Secretary […] The post “Too Late and Wrong”: Trump Slams Powell Over Fed Rate Decision appeared first on MoneyCheck.
Bank of America has launched a lobbying campaign aimed at influencing Congress to pass legislation that would give traditional banks an advantage in the stablecoin market. The financial giant, valued at $284 billion and classified as a Global Systemically Important Bank (G-SIB), is specifically targeting regulations that would limit non-banking institutions’ ability to create and…
Digital Currency Group CEO Barry Silbert admitted that holding onto his early Bitcoin purchases would have yielded better returns than his investments in crypto startups. During an April 17 appearance on the Journey Man podcast with Raoul Pal, Silbert revealed he first bought Bitcoin at $7-$8 per coin in 2011 before using his BTC to…
The European Central Bank (ECB) cut interest rates by another 25 basis points today, but the crypto market has hardly noticed. This highlights the European market’s declining influence over the crypto sector compared to the US. Meanwhile, the crypto community is praying for rate cuts in the US, and false tariff rumors caused a massive pump. These policies still matter, but Europe is losing its macro influence. The ECB Cuts Rates To Crypto Ambivalence Global recession fears are circulating throughout the crypto market, and regulation plays a key role in them. US investors have been desperate for a rate cut in the hopes that it could provide a bullish narrative. None has yet materialized. However, the ECB cut interest rates today for the sixth consecutive time, yet the crypto market barely reacted. “The outlook for growth has deteriorated owing to rising trade tensions. Increased uncertainty is likely to reduce confidence among households and firms, and the adverse and volatile market response to the trade tens
15:56, april 17Author: Asia-Plus The Chairman of the Majlisi Milli (Tajikistan’s upper chamber of parliament), Rustam Emomali, who is also the Mayor of Dushanbe, flew to St. Petersburg Thursday morning to participate in the 58th plenary session of the CIS Inter-Parliamentary Assembly (IPA CIS), according to the Dushanbe City Hall.
16:42, april 17Author: Asia-Plus Israel had planned to attack Iranian nuclear facilities in May, but U.S. President Donald Trump refused to support the Israeli strike in favor of negotiations with Tehran to limit its nuclear program, Meduza reported on April 17, citing The New York Times.
16:28, april 17Author: Asia-Plus Saudi Arabia has introduced new rules for the 2025 Hajj season. Starting from the end of April, no one will be able to perform the Hajj without a special pilgrim visa.
The Lebanese military said it has detained a group of people linked to firing rockets into Israel last month. In a statement issued late Wednesday night, the army said it had detained several people, including a number of Palestinians, who were involved in firing rockets in two separate attacks toward Israel in late March that triggered intense Israeli airstrikes on parts of Lebanon. Lebanon’s Hezbollah group denied at the time it was behind the firing of rockets, The Associated Press reported. The army said that a vehicle and other equipment used in the rockets attacks were confiscated and the detainees were referred to judicial authorities. The army said it had carried out raids in different parts of Lebanon to detain the suspects without giving further details. On Thursday, the state-run National News Agency reported that Gen. Rodolph Haikal briefed a weekly cabinet meeting about the security situation along the border and the ongoing implementation of the UN Security Council resolution that ended the 14-m