Author: DailyWestern
I haven’t been following the development of stablecoins, both before and after the signing into law of the so-called “GENIUS Act”, so I found this paper a must-read: “Stablecoins: A Revolutionary Payment Technology with Financial Risks”by Rashad AhmedJames A. Clouse, FABO Natalucci, Alessandro Rebucci & Geyue Sun, NBER Working Paper No 34475. [ungated version] The GENIUS Act, recently signed into law, establishes a dual federal and state regulatory framework for stablecoins, effectively segmenting the USD stablecoin market into GENIUS-compliant stablecoins and those that are not. This paper discusses the use cases and potential benefits of stablecoins in terms of payment…
Thomas Frank says he is keen for Tottenham to find form ahead of their Champions League match at home to Slavia Prague on Tuesday. Spurs beat Brentford 2-0 on Saturday, winning a Premier League game at the Tottenham Hotspur Stadium for the first time since defeating Burnley on the opening weekend. But Frank has no time to reflect on a positive day against his old side, instead turning his attention to Europe. Recommended offer Bet £10 Get £30 in Free Bets #AD 18+ Min deposit requirement. Free Bets are paid as Bet Credits and are available for use upon settlement…
While you may think quakes are a western US problem, some of the largest temblors in US history have happened in the East.SENDAI, Japan — A magnitude 7.6 earthquake centered in the Pacific Ocean some 45 miles west of Misawa, Japan, shook the northern part of the archipelago around 11:15 p.m. local time, according to the United States Geological Survey (USGS).HOW TO WATCH FOX WEATHER Magnitude 7.6 earthquake strikes off the coast of Japan. (FOX Weather / FOX Weather)The quake was estimated to be nearly 33 miles below the surface, according to USGS.Japan’s government issued a tsunami warning covering parts…
Even in an administration that has been full of surprises, Donald Trump’s pivot to Pakistan has stood out. The U.S. president has developed a close relationship with senior Pakistani leadership, including the country’s powerful military chief, Asim Munir—whom he hosted at the White House in June and again in September—and Prime Minister Shehbaz Sharif, whom he has met three times this year. Trump has praised both men, describing them as “great people” in a speech at a summit in Southeast Asia in October. “I love Pakistan,” Trump said before hosting Munir in June. Sharif and Munir have also showered Trump…
by Calculated Risk on 12/05/2025 01:04:00 PM The advance release of Q3 GDP has been cancelled. Q3 GDP will be released on Dec 23rd.From BofA: Since our last weekly publication, 3Q GDP tracking increased from 2.8% q/q sarr to 3.0% The upward revision was largely due to the strong September durable goods report that led us to revise higher our equipment estimate. [December 5th estimate]emphasis addedFrom Goldman: We lowered our Q3 GDP tracking estimate by 0.3pp to +3.5% (quarter-over-quarter annualized) and our Q3 domestic final sales estimate by 0.2pp to +2.6%. [December 5th estimate]And from the Atlanta Fed: GDPNow The…
The League8:00 PMDecember 7, 2025Regular Season – 15Santiago Bernabéu StadiumReferee: Alejandro Quintero Gonzalez, Spain Copy and paste this HTML code into your webpage to embed. Real Madrid World Class 0 Solid 0 Bang Average 0 Lucky 0 Shocking 0 Celta Vigo World Class 0 Solid 0 Bang Average 0 Lucky 0 Shocking 0 Turn off spoiler to view match statistics2.29Expected goals (xG)0.54Passing531 (92%)Accurate passes369 (86%) Turn off spoiler to view match events Substitutes 9 F Endrick 19 M Dani Ceballos 21 M Brahim Diaz 6 M Eduardo Camavinga 30 F Franco Mastantuono 36 D Joan Martinez 43 G Sergio Mestre…
Chet Holmgren and Jalen Williams each scored 25 points as the Oklahoma City Thunder routed the Utah Jazz 131-101 on Sunday at the Delta Center. Holmgren also grabbed nine rebounds, while Williams contributed eight assists in the defending champions’ 15th straight victory. Aaron Wiggins added 19 points, and Branden Carlson scored a season-high 13, helping […] The post Holmgren, Williams lead Thunder to 15th straight win with rout of Jazz appeared first on TalkBasket.net.
The European Commission allows for the possibility that next year the number of relocations will be less than 30,000 per year, said EC spokesman Markus Lammert. According to him, the solidarity mechanism will not start operating until mid-2026. In accordance with the so-called annual solidarity pool, under the EU asylum and migration pact, member states will be obliged to relocate at least 30,000 migrants per year. However, the solidarity mechanism will not start operating until 12 June 2026. Therefore, some member states argue that the number of relocations should be reduced by half, since the regulations will not apply before…
From AOL: … I think the average Americans, they are hearing a lot from media coverage. And I will tell you that affordability has two components, there is inflation, and then there is real incomes. Real incomes are up about 1% and what we’re not going to do is say that Americans don’t know what they’re feeling. We’ve been working on it every day. I was on your show on March talking about affordability. The- we’ve made a lot of gains, but remember, we’ve got this embedded inflation from the Biden years, where mainstream media, whether it’s Greg Ip at…
Europe’s top leagues were in full swing on Sunday afternoon ahead of the winter break. In a few weeks, all but the Premier League will pause for the yearly hiatus, but there is still plenty of football to be played before that. In Italy, Napoli hosted Juventus in a huge battle at the top of Serie Awhile Europe-chasing Bologna travelled to Lazio. Elsewhere, Borussia Dortmund took on Hoffenheim in the Bundesliga. Get the best of the action across the continent below. Napoli 2-1 Juventus Napoli strengthened their position near the top of Serie A with a 2-1 win over Juventus…