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Russian official says international CBDC payments will be the norm within 5 years
CryptoSlate· 16 minutes agoCentral bank digital currencies (CBDCs) are expected to become widespread and will be used for international payments as a norm within the next five years, according to Anatoly ...
How G7 and EU plan to use Russia's frozen assets to help Ukraine
Reuters· 8 hours agoAround 260 billion euros of Russian central bank funds are frozen worldwide, most of it in the EU....
EU Funds Face Fresh Pressure to Dump US Stocks Under New ESG Regulations
Bloomberg via Yahoo Finance· 5 hours ago(Bloomberg) -- The US stock market has emerged as the most exposed to divestment after the European...
The AI balancing act: what can the UK learn from the EU?
TechRadar· 5 hours agoThe UK and EU are pushing for AI leadership, but with critical differences in approach. After the EU...
Another Major European Bank Withdraws From Fossil Fuel Financing | JD Supra
JD Supra· 12 hours agoThis action echoes a similar pronouncement by BNP Paribas about three weeks ago, when that bank also announced that it would no longer participate in conventional bonds issued ...
The EU is turning its back on golden visas - but one country is reintroducing its scheme
Euronews via Yahoo News· 11 hours agoSpain launched its residence by investment scheme in 2013. It allowed wealthy people from outside...
With European Parliament elections underway, here's a look at how the EU works
Fox News· 4 hours agoCitizens of European Union countries have begun to vote in elections for the European Parliament....
EU Banks Must Prepare for More Effective Supervision | JD Supra
JD Supra· 3 days agoOn May 28, 2024, the Chair of the Supervisory Board of the European Central Bank ("ECB"), Claudia Buch, announced the decision to reform the current process of annual review ...
European banks are making heady profits in Russia
The Economist· 1 day agoDays after Vladimir Putin’s invasion of Ukraine, Raiffeisen, an Austrian bank, said it was considering selling its business in Russia. Twenty-seven...
EU to consider leveraging windfall profits from Russian assets after G7 summit
Reuters via Yahoo News· 2 days agoPaschal Donohoe, who chairs meetings of euro zone finance ministers, said after a video...