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April 20 - Irans Civil Aviation Organization announced on the 20th that flights at Imam Khomeini International Airport and Mehrabad Airport will resume that day.A senior Iranian official said Pakistan is making positive efforts to end the US blockade of Iran and ensure Irans participation in negotiations.Both WTI and Brent crude oil prices fell briefly, currently trading at $89/barrel and $90.6/barrel respectively. A senior Iranian official stated that Iran is actively reviewing its participation in peace negotiations.A senior Iranian official said that Iran is actively reviewing its participation in peace talks with the United States, but no final decision has been made yet.On April 20, Russian Foreign Minister Sergey Lavrov stated at a meeting of the Council of the Parliamentary Assembly of the Collective Security Treaty Organization (CSTO) that NATO is "in crisis," and Europe is discussing the formation of a new military bloc, potentially including the EU, the UK, Norway, and Ukraine. Lavrov pointed out that Russia views the CSTO as a pillar of the future Eurasian security architecture. He noted that the West is increasingly using force and employing neo-colonial tactics, while the CSTO will not deviate from international law. He recalled that the CSTO had actively advocated dialogue with NATO and promoted mechanisms for building trust and increasing transparency within the framework of the OSCE, but NATOs attitude towards the CSTO has been "consistently extremely arrogant." Lavrov also stated that the escalating military operations in the Middle East could impact the CSTO region. He believes that those supporting the chaos in the Middle East intend to create division within the Islamic world, and stated that, based on the map, the possibility of establishing a Palestinian state is becoming increasingly slim.

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.

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