BIS chief says stablecoins lack credibility for payments at scale
BIS General Manager Pablo Hernández de Cos says stablecoins do not credibly work as a means of payment at scale…
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
US-UAE economic isolation campaign targets Iran’s Dubai trade lifeline
The US and the UAE are moving to cut Iran off from Dubai, the offshore hub that has kept Tehran's…
Ukraine’s Budanov says Kyiv preparing for winter combat as ceasefire prospects dim
Ukraine's military intelligence chief says Kyiv is preparing for continued fighting through the winter rather than a near-term ceasefire, as…
Ukraine strikes Russian command post in Donetsk, killing 27, injuring 58
Ukraine struck a Russian command post in occupied Donetsk, killing 27 people and injuring 58, including several high-ranking officers. The…
Iran’s President Says War Has Worsened Fuel Shortage, Rationing Discussed
Iranian President Masoud Pezeshkian says the ongoing war has worsened the country's fuel shortage, adding to a broader gasoline and…
