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On August 31st, to further deepen the reform of medical insurance payment methods, promote the dynamic adjustment of the disease-based payment grouping scheme, and continuously optimize supporting mechanisms such as special case negotiation, the National Healthcare Security Administration organized two special symposiums on the disease-based payment special case negotiation mechanism on the afternoon of August 25th. In conjunction with the upcoming release of the disease-based payment 3.0 grouping scheme, the symposiums sought opinions and suggestions from local healthcare security departments and medical institutions on improving the special case negotiation mechanism. Participants offered suggestions on strengthening management, optimizing processes, and improving efficiency, and generally agreed that the special case negotiation mechanism has played a positive role in alleviating medical institutions concerns about admitting difficult and critically ill patients and supporting the application of new clinical drugs, consumables, and technologies.August 31 – According to Iranian state television today (August 31), the Iranian Islamic Revolutionary Guard Corps stated that a supertanker "caught fire and stopped sailing after being struck by two mines in the Strait of Hormuz." The Revolutionary Guard claimed that the tanker was attempting to "illegally pass through the southern part of the Strait of Hormuz." The Revolutionary Guard emphasized that ships must abide by its regulations regarding passage through the Strait of Hormuz.1. From August 24th to August 30th, 2026, Mysteels global iron ore shipments totaled 35.716 million tons, an increase of 2.727 million tons compared to the previous period. Shipments from Australia and Brazil totaled 28.683 million tons, an increase of 1.989 million tons compared to the previous period. 2. According to CCTV News, data released by ship tracking agency Kepler on August 31st showed that due to concerns about attacks, the number of visible merchant ships passing through the Strait of Hormuz dropped to five per day over the past weekend. 3. Xinhua News Agency reported that the public relations department of the Iranian Islamic Revolutionary Guard Corps said on social media on the 31st that a US MQ-9 Reaper drone was hit by an Iranian missile over the Strait of Hormuz and "crashed into the blue waters of the Persian Gulf." 4. Goldman Sachs more than doubled its forecast for diesel production profits. Goldman Sachs predicts that next year, the average profit per barrel of diesel refined in the US relative to Brent crude will reach $63, and in the EU, $49, higher than previous forecasts of $27 and $19 respectively. 5. Barclays: Expects the Federal Reserve to raise interest rates by 25 basis points each in September and December, up from previous forecasts of no change. 6. According to Indias NDTV: Indian Prime Minister Modi will meet with Iranian President Pezechzian today on the sidelines of the SCO summit in Bishkek, Kyrgyzstan. This is their first meeting since the start of the Iraq War. 7. The Thai government plans to strengthen regulation of the gold trading industry, including online and physical gold trading, to curb money laundering, fraud, and other financial crimes. 8. According to CCTV News, Chinas manufacturing purchasing managers index (PMI) was 49.8% in August, up 0.6 percentage points from the previous month. Huo Lihui, chief statistician of the Service Industry Survey Center of the National Bureau of Statistics, explained that among the 21 industries surveyed, 16 saw an increase in their PMI compared to the previous month, indicating a significant improvement in the manufacturing sectors performance. 9. GEM Co., Ltd.s semi-annual report shows that in the first half of 2026, the companys overseas nickel projects produced 27,790 tons of nickel (including equity participation capacity), which was 40% of the planned amount, a year-on-year decrease of 37%; its self-produced cobalt metal was 2,601 tons, only 40% of the planned amount, a year-on-year decrease of 29%. 10. China National Cotton Reserves Corporation is scheduled to list 8,001.6630 tons of central reserve cotton, totaling 43 bales, for sale through the National Cotton Exchange Market on August 31.Iranian Foreign Ministry: We would like to remind the UN Secretary-General, the President of the Security Council, and all countries that have expressed concern about the ongoing unrest in the Sea of Hormuz and the Persian Gulf that the only factor contributing to the insecurity of shipping in the region is the illegal and aggressive behavior of the US and Israeli regimes.The Iranian Foreign Ministry stated that the US attack on Larak Island was a clear violation of the UN Charter, and called upon and reminded the UN Security Council and its Secretary-General to fulfill their responsibilities in maintaining international peace and security and to hold the aggressor accountable.

US Fed Considering CBDC, But Not Decided To Pursue or Implement

Cory Russell

Apr 15, 2022 10:40

The Federal Reserve of the United States has said that it is exploring creating a central bank digital currency (CBDC). The central bank has not yet determined whether or not to pursue or deploy a digital dollar, according to the central bank.


The Fed, on the other hand, has already issued a CBDC report emphasizing the use of stablecoins like USD Coin and Tether; the statement on Thursday is the most important to date.

Fed Exploring CBDC “Benefits and Risks”

In a tweet today, the authority said that it is looking into the possible advantages and hazards of CBDCs.


It has also produced a series of CBDC FAQs, explaining why it is contemplating it now. Given technology improvements ushering in a rush of new private-sector financial goods and services, the Fed believes it is the "appropriate moment" to examine a digital dollar.


CBDCs, according to the bank, might provide a variety of advantages. A digital dollar, for example, might give consumers and businesses a simple, electronic version of central bank money, as well as a platform for entrepreneurs to develop new financial goods and services and promote quicker and cheaper payments.

Lawmakers Critical of Fed’s Progress

US legislators questioned Fed Chair Jerome Powell in January on the pace and status of the Fed's CBDC review, which was set to be released last summer.


Fed Governor Christopher Waller stated last month that he isn't sure that a CBDC is necessary for retail consumers in particular.


"Are we actually in need of it?" That is something I have yet to be persuaded of. It's not to say I couldn't be, but I've never seen that on a retail CBDC."


Tom Emmer, a Minnesota politician, sponsored a measure in January to restrict the Fed from exercising unilateral authority over the US CBDC. The lawmaker wants the central bank to be prohibited from issuing digital dollars to people directly.