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Russia’s Digital Ruble Model to Get Bank-Friendly Redesign
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What is Flywheel?
Powerful governmental elites have historically controlled the creation of money. This period of history may be coming to an end. A new entrant has thrown its hat into the ring – Facebook. With its recent announcement of a new corporate digital currency project named Libra, Facebook may be triggering a realignment in established global power
[Yahoo/Bloomberg] Ukraine Update: Talks End With No Cease-Fire But Clearer Demands [Reuters] Russia’s gas supply to Europe at risk as rouble deadline nears [Reuters] Shares surge after “encouraging” Russia-Ukraine talks [Reuters] Oil drops $3 on positive signals from Russia-Ukraine peace talks [Yahoo/Bloomberg] Key Treasury Curve Inches Closer to Inversion as Yields Decline [Yahoo/Bloomberg] European Gas Rises Again With Weather, Norway Supply
(The author is editor-at-large for finance and markets at Reuters News. Any views expressed here are his own) FILE PHOTO: George Washington is seen with printed medical mask on the one Dollar banknotes in this illustration taken, March 31, 2020. REUTERS/Dado Ruvic/Illustration/File Photo By Mike Dolan LONDON (Reuters) – Many households have built up a