Obama – DIGIT INFO

US Share of World Economy Projected to Reach Historic Low

DIGIT — Sun, 13 Oct 2024 03:16:26 +0000

The U.S. share of the global economy has fallen below 15% during President Joe Biden’s term, according to Sputnik’s analysis of World Bank and International Monetary Fund (IMF) data. Once peaking at over 21% in 1999, the U.S. has seen a steady decline, with China now commanding a larger share at 18.76%. This downward trend […]

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While Biden and Trump Blame Each Other for Bank Failures, Others Believe the Cause Might Be a Management Issue

DIGIT — Thu, 30 Mar 2023 10:30:55 +0000

The recent banking failures involving the fall of Silicon Valley Bank (SVB), Signature Bank, and Silvergate Bank, have high-profile government individuals trying to find a culprit. U.S. President Joe Biden and former President Donald Trump have publicly blamed each other’s policies for the outcome, but according to some analysts, the problem might be ignorance in […]

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Cuba’s Central Bank Suspends US Dollar Deposits Nationwide – Officials Cite Embargo ‘Obstacles’

DIGIT — Sun, 13 Jun 2021 19:00:47 +0000

The Republic of Cuba is suspending the use of U.S. dollars due to embargo restrictions with U.S. and foreign banks. The central bank of Cuba’s restrictions stems from the “obstacles that the U.S. embargo creates for the national bank system.” Cuba Bans USD Deposits, BCC Tells Tourists to ‘Arrive With a Currency Other Than the […]

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EU Leaders Approve $2.1 Trillion Budget, US Lawmakers Expect Another Round of Covid-19 Relief Money

DIGIT — Thu, 23 Jul 2020 00:34:58 +0000

The world’s bureaucrats have been on a money creation spree and on July 21, the European Union approved an unprecedented $2.1 trillion coronavirus relief budget. Additionally, American leaders are in the midst of approving a new stimulus relief act amid July’s unemployment extension benefits expiring. Reports say that the estimated $3 trillion HEROES Act will […]

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Crypto Twitter Responds to the Twitter Hack

DIGIT — Thu, 16 Jul 2020 03:15:57 +0000

Crypto Twitter has taken aim at the Twitter hack, suggest there is more to this attack than meets the eye.

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Bonus Army, Occupiers, 2020 Uprising: Bitcoin’s Peaceful Protest Is Pure Civil Disobedience

DIGIT — Sat, 06 Jun 2020 14:05:39 +0000

For twelve days straight, American citizens and a number of countries around the world have been protesting the oligarchs and police brutality. The restlessness from the uprising has slowed down some, but continues in various cities across the nation. On June 3, 2020, a reporter from Los Angeles talked to a man about the protests […]

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Ether & Ripple Doomed As Securities According to Regulation Expert

DIGIT — Tue, 24 Apr 2018 06:00:38 +0000

Former Obama administration financial regulator Gary Gensler believes cryptocurrencies such as ether and ripple appear as unregistered securities, and in current violation of the law. His comments carry considerable weight in the broader financial community. They also come after venture capitalists and lawyers invested in ether projects met secretly with the US Securities and Exchange […]

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