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A Hong Kong man skeptical of the cryptocurrency exchange KuCoin, paid a visit to its registered address in Hong Kong, only to find that it doesn’t actually exist. https://t.co/7Ps4gOpFbk
#Protectionism and the business cycle. The analysis shows that when small open economies have imposed protectionist measures, it has caused inflation to rise and real economic activity to fall
#tradewar
https://t.co/3ru9QBjGF3
US core #inflation at fastest pace in 10 years as it rises at an annual rate of 2.4% in July, up from 2.3% in June. #Fed#ratehike in focus
https://t.co/ajVnWxxBnt via @financialtimes
As China is set to retaliate with tariffs on $16 bn worth of US imports on August 23rd, here is the timeline of implemented and threatened retaliatory tariffs against the US.
Banco de España: two reasons sustain CBDC's introduction a) improvement in the conduct of the monetary policy through better control of mkt returns that savers & borrowers face; b) possibility of removing restrictions associated with the zero level of int. rates #cryptocurrencies