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On September 13, 2026, the China-World Bank Group Global Ecosystems and Transformation Centre hosted a high-level seminar on the "Two Mountains" theory in Beijing, themed "From Vision to Action: Restoring Nature for Prosperity and Development." Liao Min, Vice Minister of Finance, attended the opening ceremony and delivered a speech. Liao Min stated that China calls on the World Bank and other multilateral development banks to provide more funding, technology, and knowledge to developing countries to strengthen ecological protection, and expects the Global Centre to play its role as a knowledge-sharing platform and provide more global public goods.On September 13, local time, President Xi Jinping attended the second phase of the 18th BRICS Summit in New Delhi and delivered an important speech.September 13th - According to an Associated Press report on September 12th, Terry Tillis, commander of the U.S. Armys training force in Germany, recently told reporters that the U.S. Army has sent soldiers to Ukraine to learn drone warfare techniques. The Associated Press stated that Ukraine is using its drone warfare technology to counter Russia, and as the U.S. military seeks to integrate drone capabilities and tactics into its own forces, relations between the U.S. and Ukrainian militaries are growing increasingly close. The media outlet entered a U.S. military training ground in Germany to observe troops conducting exercises up close, gaining insight into how the U.S. is cooperating with and learning from Ukraine.According to Irans Tasnim News Agency: The foreign ministers of Iran and Egypt met in New Delhi.September 13th - The 19th Pujiang Innovation Forum 2026 was held in Shanghai from September 11th to 14th. Liu Dongmei, Party Secretary of the China Academy of Science and Technology for Development Strategy, released the "China Regional Science and Technology Innovation Evaluation Report 2026" during the forum. The report shows that my countrys regional science and technology innovation level continues to improve, with Shanghai maintaining its leading position nationwide in comprehensive science and technology innovation, and Jiangsu, Zhejiang, and Anhui all ranking among the top ten. The Yangtze River Delta region, in terms of R&D resources, fiscal investment in science and technology, and innovation output, accounts for more than 30% of the national total in key indicators, making it one of my countrys most dynamic regional innovation hubs.

S&P500 Forecast: Is 4300 the Next Stop on the Market’s Upward Climb ?

Jimmy Khan

Feb 16, 2023 15:48

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Wednesday's trading was upbeat, as the market value for cryptocurrencies reached $1 trillion once again. Investor concerns were reduced by Capitol Hill talk and new SEC regulations.


The top 10 cryptocurrencies had a positive day on Wednesday. Strong support was seen for ADA, BNB, and ETH. For the first time since August 2023, BTC took the lead, closing the day at $24,000.


US retail sales numbers that were hotter than anticipated failed to frighten investors. Because January retail sales increased by 3.0%, the cryptocurrency market momentarily fell. Economic experts anticipate a 1.8% rise. Before the noticeable uptick in spending in January, retail sales had declined for two straight months.

Congressmen on Capitol Hill brought a crypto rally

The optimistic midweek session was bolstered by less regulatory risk. After the SEC's actions against Kraken and Binance USD (BUSD), the SEC adopted a new strategy.


On Wednesday, the SEC put up changes to its custody regulations that would include cryptocurrency. The modifications would affect custody regulations as well as accounting requirements, reporting requirements, and investment advisor registration.


SEC Gary Gensler said, "I support this plan because it will assist to guarantee that advisors don't illegally utilize, lose, or misuse clients' funds by using significant tools Congress provided us following the financial crisis."


"Congress specifically granted us power to broaden the advisors' custody rule to apply to all assets, not just funds or securities," Gensler said.


Attention was also drawn to activity on Capitol Hill, as legislators reintroduced a plan to make it easier to invest in cryptocurrencies in retirement accounts. The "Financial Freedoms Act" is about to be reintroduced, according to a tweet from former House speaker Nancy Pelosi.


"It intends to ban the Department of Labor from prohibiting people from investing their 401(k)s in cryptocurrency," the author said. It should be everyone's right to invest their retirement funds anyway they see appropriate.


The revelation on Wednesday came after lawmakers scrutinized the SEC on Tuesday, which could have compelled the SEC to adopt a more cautious stance toward the digital asset market.


The fact that not all US legislators are against cryptocurrency proved advantageous to investors.


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