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Digital euro May suck away 8% of banks’ deposits

Please try another search Economy50 minutes ago (Jun 15, 2021 07:50PM ET) © Reuters. FILE PHOTO: The headquarters of the European Central Bank (ECB) in Frankfurt, Germany, March 12, 2016. REUTERS/Kai Pfaffenbach By Marc Jones LONDON (Reuters) – A digital euro could suck away 8% of euro zone banks’ customer deposits, analysts at Morgan Stanley…

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Suriname slams creditors for’confrontational’ Mindset

Please try another search Economy1 hour ago (Jun 15, 2021 07:36PM ET) By Ank Kuipers and Brian Ellsworth PARAMARIBO/CARACAS (Reuters) – Suriname on Tuesday said creditors were taking a “confrontational attitude” toward debt restructuring talks after bondholders rolled back a deal to delay payments, escalating a dispute between investors and the small South American nation.…

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COVID debt restructuring push not advanced enough, IMF chief cautions

Please try another search Economy1 hour ago (Jun 15, 2021 07:15PM ET) © Reuters. FILE PHOTO: International Monetary Fund (IMF) Managing Director Kristalina Georgieva arrives at the Grand Palais Ephemere for the Financing of African Economies Summit, at the Champs de Mars in Paris, France May 18, 2021. Ian Langsdon/Pool via REUTERS By Marc Jones…

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White House says child tax credit should boost economy, Cancel unemployment phaseout

Please try another search Economy2 hours ago (Jun 15, 2021 06:25PM ET) © Reuters. FILE PHOTO: Children are greeted on their first day of pre-school, as New York City pre-school students began in-person school following the outbreak of the coronavirus disease (COVID-19) in the Queens borough of New York City, U.S., September 21, 2020. R…

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Swiss National Bank Needs to Raise payouts

© Reuters. FILE PHOTO: A general view shows the Swiss National Bank (SNB) amid the outbreak of the coronavirus disease (COVID-19) in Bern, Switzerland, March 12, 2021. REUTERS/Denis Balibouse ZURICH (Reuters) – The Swiss National Bank is too stingy in its annual payouts, a group of economists have said, and without loosening the purse strings…

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Becomes first

Pony.ai Becomes First Company to Test Driverless Vehicles on Public Roads in Both the U.S. and China

Sorry, your browser doesn’t support embedded videos.Opening fully driverless Robotaxi service to the general public in California starting in 2022FREMONT, Calif. — Silicon Valley-based Pony.ai, a leading autonomous driving company, today announced that it has begun regular and daily fully driverless testing on public roads in Fremont and Milpitas, CA. Along with the recent launch…

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highs multi-year

Oil up almost 2% to multi-year drops on demand expectations

NEW YORK — Oil prices rose nearly 2% to their highest in more than two years on Tuesday, buoyed by expectations demand will recover rapidly in the second half of 2021. Read More

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Combination Horses

Beer and horses?

Combination takes to the electronic space with branded NFTs By Cointelegraph

Beer and horses? Combination takes to the digital space with branded NFTs The United Kingdom arm of pilsner beer brand Stella Artois is partnering with a digital horse racing game to release a series of nonfungible tokens (NFTs).In a Tuesday announcement from Stella Artois’ U.K. brewery, the beer brand said users of the digital racing…

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Harvey Weinstein

Harvey Weinstein could be extradited to California, NY judge rules By Reuters

© Reuters. FILE PHOTO: Film producer Harvey Weinstein arrives at New York Criminal Court ahead of the fifth day of jury deliberations for his sexual assault trial in the Manhattan borough of New York City, New York, U.S., February 24, 2020. REUTERS/Andrew Kelly/FileNEW YORK (Reuters) – The convicted former movie producer Harvey Weinstein can be…

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MacKenzie Philanthropist

Philanthropist MacKenzie Scott donates $2.7 billion in latest form of charitable giving By Reuters

(Reuters) – Billionaire philanthropist MacKenzie Scott announced on Tuesday that she has donated $2.7 billion to nearly 300 organizations focused on what she described as “categories and communities that have been historically underfunded and overlooked.”Scott, who became one of the world’s richest women upon her 2019 divorce from Amazon.com (NASDAQ:) In founder Jeff Bezos, has…