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The US military: It will not disclose the specific details of the strikes that have been or will be carried out on Yemen to "maintain operational security."ECB Governing Council member Knot: The central banks monetary policy meeting (decision) in June will be very complicated. Medium-term inflation risks actually include both upside risks and downside risks.On April 28, sources said that the ECB decision-makers are increasingly confident that they will cut interest rates in June in response to the continued decline in inflation, but they will not make a large cut. Last week, several ECB members attended the Spring Meetings of the International Monetary Fund (IMF) and the World Bank and talked about the possibility that the eurozone and global economy may deteriorate due to US tariffs. At the same time, the latest economic data released by the eurozone also reflects this phenomenon. As for inflation, there is no sign of deterioration due to tariffs. Sources said that more ECB members believe that it is a more appropriate decision to make the eighth consecutive interest rate cut of 0.25% at the interest rate meeting on June 4. The ECB will also release its latest economic forecasts on the same day. However, ECB officials remain open-minded and will make a final decision based on the data released next month.Russian Foreign Minister Lavrov: Russia has not received any proposal from the United States to assist in the operation of the Zaporizhia nuclear power plant.Russian Foreign Minister Lavrov: Russia will continue to strike targets used by the Ukrainian military as well as foreign fighters and military instructors sent by Europe.

Meta Plans Virtual Currency, Creator Coins For Its Apps – FT

Skylar Shaw

Apr 07, 2022 10:14


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The Financial Times reported on Wednesday that Meta Platforms Inc is preparing plans to integrate virtual tokens and cryptocurrencies to its family of applications, with the goal of using such virtual tokens for rewarding creators, lending, and other financial activities.


The move, which is said to be in the early stages, comes as Meta expands its emphasis on services based on the metaverse, a virtual world where people socialize, work, and play.


It may also provide Meta with a new income stream and more control over transactions across its suite of applications and services, which includes Facebook, Instagram, WhatsApp, and the Meta Quest virtual reality platform, if it is adopted.


According to the FT story, which cited persons familiar with the situation, Meta's cryptocurrencies, internally called "Zuck Bucks," are meant for the metaverse and may not be based on blockchain.


According to the article, Meta might offer in-app tokens that would be centralized by the firm and could be used to compensate popular Instagram producers or reward those who make noteworthy contributions in Facebook groups.


"We have no developments to give today," a Meta spokeswoman said on Wednesday, adding that the business is focusing on developing for the metaverse, which "including what payments and financial services may look like."


Last month, Mark Zuckerberg, the CEO of Meta, said that Instagram would include non-fungible tokens (NFTs) in the "near-term."


Meta joined the Crypto Open Patent Alliance (COPA) earlier this year, a group of firms headed by Block Inc's Jack Dorsey that has promised to encourage open access to cryptocurrency technology.

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