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3232Blackrock CEO Expects Inflation to Persist, but No Major US Recession in 2023
https://www.digit.info/blackrock-ceo-expects-inflation-to-persist-but-no-major-us-recession-in-2023/
Sat, 15 Apr 2023 19:30:48 +0000https://www.digit.info/2023/04/15/blackrock-ceo-expects-inflation-to-persist-but-no-major-us-recession-in-2023/Read more]]>Blackrock’s CEO, Larry Fink, stated in an interview on Friday that he does not anticipate a “big recession” in the United States. However, he believes that “inflation is going to be stickier for longer.” In contrast to the U.S. central bank’s 2% goal, Fink predicts that “we’re going to have a 4ish floor in inflation.” […]
]]>Moody’s Warns of Potential Financial Disruption Spillover Beyond US Banking Sector
https://www.digit.info/moodys-warns-of-potential-financial-disruption-spillover-beyond-us-banking-sector/
Sat, 25 Mar 2023 10:00:07 +0000https://www.digit.info/2023/03/25/moodys-warns-of-potential-financial-disruption-spillover-beyond-us-banking-sector/Read more]]>Roughly ten days ago, the credit agency Moody’s Investors Service downgraded the U.S. banking sector from “stable” to “negative.” In a recent update on Thursday, the company stated that there is still a risk to the U.S. economy. The managing director of credit strategy at Moody’s explained that the country “will be unable to curtail […]
]]>Indicted FTX Co-Founder Sam Bankman-Fried Discussed ‘Pandemic Prevention’ With Biden Administration Officials
https://www.digit.info/indicted-ftx-co-founder-sam-bankman-fried-discussed-pandemic-prevention-with-biden-administration-officials/
Wed, 04 Jan 2023 18:30:14 +0000https://www.digit.info/2023/01/04/indicted-ftx-co-founder-sam-bankman-fried-discussed-pandemic-prevention-with-biden-administration-officials/Read more]]>According to public filings, former crypto billionaire and FTX co-founder Sam Bankman-Fried met with senior Biden administration officials before he was indicted for financial fraud. When asked about the visits, White House press secretary Karine Jean-Pierre told the press the meetings involved discussions about “pandemic prevention.” Senior White House Staff Met With Former Billionaire Sam […]
]]>Sri Lanka Appoints Committee to Draft Digital Currency Policy, Seeks Crypto Investments
https://www.digit.info/sri-lanka-appoints-committee-to-draft-digital-currency-policy-seeks-crypto-investments/
Sat, 09 Oct 2021 22:00:01 +0000https://www.digit.info/2021/10/09/sri-lanka-appoints-committee-to-draft-digital-currency-policy-seeks-crypto-investments/Read more]]>In preparation to regulate its fintech space, the government of Sri Lanka has established a special committee tasked to formulate the country’s policy on digital banking and crypto-related activities. The committee comprises professionals from the public and private sectors. New Committee to Propose Rules for Blockchain Industry in Sri Lanka Sri Lankan authorities have unveiled […]
Blackrock’s CEO, Larry Fink, stated in an interview on Friday that he does not anticipate a “big recession” in the United States. However, he believes that “inflation is going to be stickier for longer.” In contrast to the U.S. central bank’s 2% goal, Fink predicts that “we’re going to have a 4ish floor in inflation.” […]
Roughly ten days ago, the credit agency Moody’s Investors Service downgraded the U.S. banking sector from “stable” to “negative.” In a recent update on Thursday, the company stated that there is still a risk to the U.S. economy. The managing director of credit strategy at Moody’s explained that the country “will be unable to curtail […]
According to public filings, former crypto billionaire and FTX co-founder Sam Bankman-Fried met with senior Biden administration officials before he was indicted for financial fraud. When asked about the visits, White House press secretary Karine Jean-Pierre told the press the meetings involved discussions about “pandemic prevention.” Senior White House Staff Met With Former Billionaire Sam […]
In preparation to regulate its fintech space, the government of Sri Lanka has established a special committee tasked to formulate the country’s policy on digital banking and crypto-related activities. The committee comprises professionals from the public and private sectors. New Committee to Propose Rules for Blockchain Industry in Sri Lanka Sri Lankan authorities have unveiled […]