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According to the Islamic Republic News Agency (IRNA), the US response will be relayed to Iran during the second round of negotiations. Reportedly, Iran stated, "We must observe whether the US response will pave the way for negotiations and demonstrate its diplomatic sincerity, or whether it will become an obstacle."February 6th - According to Iranian media citing an Iranian Foreign Ministry official, starting tonight, the Iranian armed forces will enter their highest level of alert in months, if not days. Currently, Iran and the United States are holding indirect negotiations in Muscat, the capital of Oman.Bank of America expects the European Central Bank to cut interest rates by 25 basis points each in March and June 2027.Bank of America expects the European Central Bank to keep interest rates unchanged in 2026, compared to its previous forecast of a 25 basis point rate cut in March.On February 6th, Tanaka Precision Machinery announced that on February 5th, 2026, it received a civil complaint from the bankruptcy liquidation administrator of its former subsidiary, Shenzhen Youfu Intelligent Equipment Co., Ltd. Eight creditors of Youfu Intelligent jointly filed a lawsuit against the company. The plaintiffs are all creditors of Youfu Intelligent, while the defendant is the major shareholder of Youfu Intelligent, holding 70% of its shares. The plaintiffs main objection is that the defendants "loans" to Youfu Intelligent were actually capital investments, should not accrue interest, and cannot be classified as ordinary debts, but should be subordinated to ordinary debts.

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.