Israel carried out its largest-ever operational deployment of military drones in the latest clash with Islamic Jihad in Gaza. The massive utilization of...
AdvertisementThe Philippine government has scrapped a deal to purchase 16 Russian military transport helicopters due to fears of possible U.S. sanctions, Philippine officials said.Former...
AdvertisementTwenty-four years ago this month, India and Pakistan declared their nuclear weapons capability to the world. Remarkably, in 1999, less than a year after...
The notion of a digital dollar for the United States has been increasingly in the news over the last month. Research into a potential Central Bank Digital Currency (CBDC) was called for by an executive order from President Biden in March, and it’s easy to see why: between efforts abroad from China to make moves in the space, to the increasing adoption rate of cryptocurrencies and other faster payments technologies, it’s clear to see that the technology has caught up to the vision, and implementation could offer significant advantages. However, not everyone thinks that a Federal Reserve-backed digital currency is
The bounce in Treasuries was brief and the rout is back on with rates jumping a handful of basis points. Inflation fears and hawkish responses from central banks are mostly dominating. US durable goods orders undershot estimates both with and without transportation, alongside a bigger than expected transportation drop, and surprising weakness in the remaining durables data for […]