Civil servants in China move to CBDC salaries China will launch a pilot programme to pay civil servants in digital yuan (e-CNY). The first to test it will be workers living in the city of Changshu. From May, they will be paid entirely in CBDC.
Apple to open first shops in India Apple plans to open its first shops in India: in Mumbai on 18 April and in Delhi on 20 April. Apple CEO Tim Cook may attend the opening ceremony, CNBC reported. "I am very optimistic about India," Cook said during a February conference call on Apple's
Apple and Disney chiefs to tell congressmen about China A group of lawmakers will travel to California to meet with tech and media executives, including Apple CEO Tim Cook and Disney CEO Bob Iger, to discuss China-related topics, CNBC reported. The committee's work could affect the technology and media industries, which are interested in both a large
Kazakhstan to cut oil production Kazakhstan to cut oil production by 78 thousand bpd from May to the end of 2023 Kazakhstan together with other OPEC+ countries intends to further reduce oil production by 78 thousand bpd from May until the end of this year. This is reported by RT with reference to the press
Russia to abolish international roaming with three countries. Russia will abolish international cellular roaming with Kazakhstan, Kyrgyzstan and Armenia, members of the Eurasian Economic Union (EAEU), by 2025, Vedomosti newspaper wrote with reference to the application to the Eurasian Economic Commission (EEC), sent to all major mobile operators of the union states and the Ministry of Economic Development
New York Community Bancorp bought a major stake in Signature Bank. US-based New York Community Bancorp purchased almost all of Signature's deposits as well as a portion of Signature's loan portfolios for a total of $38.4 billion. The deal did not include $4 billion in deposits related to Signature Bank's digital banking business. They
U.S. to launch analogue of Russian SBP The U.S. Federal Reserve has confirmed that in July it will launch a long-awaited instant payment system (a counterpart to Russia's SBP), which some consider an alternative to digital currencies and central bank stablcoins, writes Cointelegraph. The Instant Payments Network will make payments in seconds and support
Cuba started to accept cards of the Mir payment system. Cash withdrawal is already available in Havana In the capital of Cuba, Havana, a number of banks have started accepting cards of the Russian payment system "Mir". This is reported by TASS citing its own correspondent. According to the agency, ATMs began to display the "Mir"
Meta is developing a decentralized Twitter-like application Meta is working on the development of a decentralized Twitter-like application. The company itself confirmed the rumors: "We are exploring an autonomous decentralized social network for text messaging. This is a promising project in which users, including public figures and politicians, will be able to share the latest news
China has discovered a major oil field China National Offshore Oil Corporation (CNOOC) has discovered a large oil field in the Bohai Gulf, it said in a statement. The oil reserves there amount to 100 million tons. CNOOC estimates that a well at the field is capable of producing about 2,040 barrels of crude oil and