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Domestic News: 1. my countrys annual electricity consumption exceeded 10 trillion kilowatt-hours for the first time, a figure unprecedented among any single country globally. 2. Two departments announced that the minimum down payment ratio for commercial property purchase loans will be adjusted to no less than 30%. 3. The "Draft Law of the Peoples Republic of China on National Reserve Security" is open for public comment. 4. The Ministry of Industry and Information Technology released management measures, including technology-based SMEs in the tiered cultivation program for the first time. 5. Galactic Energy responded to the failure of Ceres-2s maiden flight: a full investigation is underway to determine the cause of the malfunction. 6. The General Administration of Customs stated that during the 15th Five-Year Plan period, both exports and imports should be expanded appropriately. 7. Eastern Theater Command: The PLA organized naval and air forces to monitor and alert US warships transiting the Taiwan Strait, effectively responding to and handling the situation. 8. Southern Theater Command: The Southern Theater Command recently organized drones to conduct normal flight training in the airspace near Dongsha Island, which is entirely legitimate and legal. International News: 1. British media: Nvidia suppliers suspend production of key components for the H200 chip. 2. Musk: AI5 chip design is nearing completion, AI6 is still in its early stages. 3. US-led coalition warplanes flew over the conflict zone in northern Syria, dropping warning flares. 4. Syrian government forces: have captured the Sufyan and Thawrah oil fields in the north. 5. US Commerce Secretary threatened South Korean and other memory chip manufacturers: either build in the US or pay 100% tariffs. 6. Iranian Supreme Leader Khamenei: Trump has caused casualties and losses in Iran and slandered Iran; he is a criminal. On January 17, Russian Human Rights Commissioner Moskalikova told reporters in Geneva after meeting with ICRC President Sporalitz that restarting the prisoner-of-war exchange process between Russia and Ukraine is the top priority. She stated that Russia has submitted a list of Ukrainian military personnel in Russia who are ready for repatriation. Previously, Ukraine typically submitted the list, and Russia agreed to repatriation, but the current dialogue with Ukraine is "puzzling." It is difficult to discuss the possible exchange deadline and the number of prisoners at this time, as "various details could emerge until the last minute, potentially disrupting the process or changing its direction."On January 17, Ukrainian President Volodymyr Zelenskyy stated that the Ukrainian delegation had arrived in the United States that day and was expected to receive its first briefing on the talks that evening Kyiv time. Zelenskyy said the main task of the Ukrainian delegations trip was to provide the US with comprehensive and accurate information about the current situation. Zelenskyy reiterated that Ukraine has never been, and will never be, an obstacle to peace, and that progress in the current diplomatic process depends on the positions of the partners.On January 17th, it was reported that on January 13th, according to Xian University of Electronic Science and Technology, Academician Hao Yues team at the university broke through a 20-year bottleneck in semiconductor materials technology, achieving a leap forward in chip heat dissipation efficiency and overall performance, providing a replicable Chinese paradigm for solving various high-quality integration problems of semiconductor materials. The relevant findings were recently published in the top international journals *Nature Communications* and *Science Advances*. Zhang Jincheng, Vice President and Professor of Xian University of Electronic Science and Technology, stated, "Inability to dissipate heat can lead to decreased chip performance or even device burnout." The team innovatively injected high-energy ions into the crystal of third-generation semiconductor chips, making the surface of the crystal nucleation layer smooth. This breakthrough reduced the semiconductor thermal resistance to one-third of its original value, solving the heat dissipation problem faced by third-generation and future semiconductor chips. Simultaneously, this breakthrough significantly improved the performance of semiconductor devices.According to Syrian security sources and Turkish defense sources, US-led coalition warplanes flew over northern Syria, where clashes were taking place between Syrian government forces and Kurdish militants.

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.