#financialsystem — Public Fediverse posts

https://www.europesays.com/people/11322/ ‘The Entire Financial System Is Changing’ #AccreditedInvestors #AmericanBitcoinCorp #CryptoLegislation #DonaldTrump #EricTrump #FinancialSystem #FoxBusiness #inefficiencies #Trump #WorldLibertyFinancial

Prolonged Middle East war and AI profitability ‘downgrades’ are major risks for economy, RBA says

The outbreak of war in the Middle East means the Australian e…
#NewsBeep #News #Artificialintelligence #AI #ArtificialIntelligence #AU #Australia #China #ChinaTrade #diesel #Energy #Finance #financialreview #financialstability #FinancialStabilityReview #financialsystem #housing #interestrates #middleeastwar #oil #petrol #RBA #reservebankaustralia #Technology #war
https://www.newsbeep.com/au/549778/

The current #AI #datacentre #buildingboom, driven by the increasing demand for #computingpower, has led to substantial #capitalexpenditure by tech companies. The involvement of private #creditfunds, which borrow from #banks, adds to the risk, as a bust in private credit could impact bank balance sheets and pose a #systemicrisk to the #financialsystem. https://www.noahpinion.blog/p/will-data-centers-crash-the-economy?eicker.news #tech #media #news

The current #AI #datacentre #buildingboom, driven by the increasing demand for #computingpower, has led to substantial #capitalexpenditure by tech companies. The involvement of private #creditfunds, which borrow from #banks, adds to the risk, as a bust in private credit could impact bank balance sheets and pose a #systemicrisk to the #financialsystem. https://www.noahpinion.blog/p/will-data-centers-crash-the-economy?eicker.news #tech #media #news

The current #AI #datacentre #buildingboom, driven by the increasing demand for #computingpower, has led to substantial #capitalexpenditure by tech companies. The involvement of private #creditfunds, which borrow from #banks, adds to the risk, as a bust in private credit could impact bank balance sheets and pose a #systemicrisk to the #financialsystem. https://www.noahpinion.blog/p/will-data-centers-crash-the-economy?eicker.news #tech #media #news

The current #AI #datacentre #buildingboom, driven by the increasing demand for #computingpower, has led to substantial #capitalexpenditure by tech companies. The involvement of private #creditfunds, which borrow from #banks, adds to the risk, as a bust in private credit could impact bank balance sheets and pose a #systemicrisk to the #financialsystem. https://www.noahpinion.blog/p/will-data-centers-crash-the-economy?eicker.news #tech #media #news

The current #AI #datacentre #buildingboom, driven by the increasing demand for #computingpower, has led to substantial #capitalexpenditure by tech companies. The involvement of private #creditfunds, which borrow from #banks, adds to the risk, as a bust in private credit could impact bank balance sheets and pose a #systemicrisk to the #financialsystem. https://www.noahpinion.blog/p/will-data-centers-crash-the-economy?eicker.news #tech #media #news

This article should have been titled Deregulation - Trump’s financial watchdogs promise a revolution. The regulatory pendulum swings violently #SEC #federalreserve #OCC #CFPB #CFTC #Crypto #gao #oversight #audits #regulations #congress #law Eeconomy #financialsystem #financialstability #pensions #fiduciary
The Economist no paywall https://archive.is/fZuMl#selection-1127.0-1131.40

Breaking economy totally Trump has called 4 #termination of #FederalReserve Chairman #JeromePowell in a dispute over #interestrates, cutting across the political independence of US #centralbank. The Federal Reserve's decision-making is supposed to be free [not any more] from #political interference so it can make calls it believes are right for country and the economy rather than in the interests of presidents or lawmakers. #economy #financialsystem #financialstability https://www.newsweek.com/trump-demands-termination-fed-jerome-powell-rates-2060933

BRICS Eyes Petroyuan for Oil Trade Amid Dedollarization Push, Expert Says - BRICS nations are considering adopting the petroyuan for oil trade as part of thei... - https://news.bitcoin.com/brics-eyes-petroyuan-for-oil-trade-amid-dedollarization-push-expert-says/ #de-dollarization #financialsystem #herbertpoenisch #projectmbridge #kazansummit #saudiarabia #economics #petroyuan #oiltrade #renminbi #energy #russia #brics #china #omfif #uae

German Authority Seizes 13 Unauthorized Crypto ATMs - Germany’s Federal Financial Supervisory Authority (BaFin) has seized 13 unauthoriz... - https://news.bitcoin.com/german-authority-seizes-13-unauthorized-crypto-atms/ #federalcriminalpolice #deutschebundesbank #financialsystem #moneylaundering #cryptocurrency #digitalassets #regulation #cryptoatms #germany #illegal #bafin #euros #atms #bka #fiu #kyc

Eritrean President Isaias Afwerki: ‘We Need a New Financial Architecture Not Controlled by the Dollar or the Euro’ - Isaias Afwerki, president of Eritrea, reinforced the need for building a new econo... - https://news.bitcoin.com/eritrean-president-isaias-afwerki-we-need-a-new-financial-architecture-not-controlled-by-the-dollar-or-the-euro/ #financialsystem #isaiasafwerki #vladimirputin #containment #sanctions #dollar #russia #china #swift #news #euro

Russia Involved in De-Dollarization Talks With the Islamic World to Create Independent Financial System - Russia and the Islamic world are currently discussing how to deepen the de-dollari... - https://news.bitcoin.com/russia-involved-in-de-dollarization-talks-with-the-islamic-world-to-create-independent-financial-system/ #rasht-astararailway #de-dollarization #deglobalization #financialsystem #alexeyoverchuk #islamicnations #economics #russia #iran #g7

Russian Central Bank Attributes Recent Ruble Depreciation to Lower Forex Sales by Exporters - The Russian central bank has attributed the ruble’s latest plunge against the U.S.... - https://news.bitcoin.com/russian-central-bank-attributes-recent-ruble-depreciation-to-lower-forex-sales-by-exporters/ #societyforworldwideinterbankfinancialtelecommunication(swift) #foreignexchangemarket #financialsystem #bricscountries #depreciation #chineseyuan #rublecrash #rublepairs #economics

And this: A #WSJ #NORC poll found that most #Americans believe that their children's lives will be worse than their own. Four out of five respondents said that the #economy is in a not-so-good or poor state, and nearly half think it will get worse in the next year. <how about #climatecrisis?> https://s.wsj.net/public/resources/documents/WSJ_NORC_Topline_EconQuestionsMarch2023.pdf #FutureGenerations #FinancialStability #banking #FinancialSystem

NPR - #Princeton #sociologist #MatthewDesmond - if the top 1% of Americans paid the #taxes they #owed, it would raise $175 billion each year. "That is just about enough to pull everyone out of #poverty," the author says. https://www.npr.org/sections/health-shots/2023/03/21/1164275807/poverty-by-america-matthew-desmond-inequality #PovertyinAmerica #Billionaires #FinancialSystem #TaxCode #IRS #Congress #regulations #economy #wealthy do not pay taxes