European leaders step in to block Facebook’s digital currency
27 October 2019 |
1:02 pm
Facebook's Libra, billed as an alternative to traditional banking, has sparked concerns from central bankers and regulators around the world. The currency has been criticized as a threat to sovereignty and stability.
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26 Feb 2021
Vice President Yemi Osinbajo has disagreed with the Central Bank of Nigeria to ban Crypto-Currencies transactions in the country.
Osinbajo spoke at the CBN/Bankers Committee’s Initiative for Economic Growth in Lagos and called on the CBN and the Securities and Exchange Commission to put in place a robust framework for the regulation of Crypto-Currencies.
The CBN had ban Crypto-Currencies usage in Nigeria a few weeks ago.
10 Jun 2021
Here are a few reasons to pick up a copy of The Guardian on Friday. Find these stories and much more when you grab a copy of The Guardian on Friday.
Nigeria launches eNaira digital currency... CBN says transactions on the platform free for 90 days
25 Oct 2021
Here are a few reasons to pick up a copy of The Guardian on Tuesday. Find these stories and much more when you grab a copy of The Guardian on Tuesday.
4 Nov 2021
Local traders and residents reacted to the Taliban ban of foreign currencies for trade, at the Sarai Shahzada market in Kabul on Wednesday after the Taliban made the announcement on Tuesday. The US dollar has been used widely in Afghanistan’s markets before the ban.
2 Dec 2021
Turkey's Finance Minister, Lutfi Elvan, has resigned amid another plunge in the value of the country's currency, the lira. He is being replaced by his deputy, Nureddin Nebati, who supports President Recep Tayyip Erdogan's controversial economic policies. The lira has lost almost half of its value this year as Erdogan has pushed for low interest rates, despite rising inflation. Also today, we look at how some French parents are choosing to rent toys for their children, instead of buying new ones.
20 Feb 2022
India is expected to launch a digital version of its currency, the rupee. The plan for the sovereign-backed digital currency comes as the popularity of cryptocurrencies is on the rise.
27 Jul 2022
Zimbabwe introduces gold coins as local currency tumbles.
16 Oct 2022
Lebanon is in the midst of a currency crisis and has devalued its local currency. But implementing a new exchange rate policy is set to have catastrophic consequences on people's daily lives.
30 Oct 2022
Currencies are depreciating around the world and wreaking havoc on economies. But as the strong US dollar hits foreign demand, some American businesses are also experiencing painful losses.
2 Dec 2022
India's central bank hopes a digital rupee will facilitate cheaper and easier financial transactions, as well as protect people from the volatility of private cryptocurrencies.
4 Feb
Russia has started selling its growing reserves of the Chinese currency to fill a budget deficit caused by falling oil and gas revenues and the costs of war. For how long will the yuan shore up Putin's ailing economy?
9 Feb
Nigeria's Supreme Court suspends the old-for-new currency swap deadline that has caused pre-electoral chaos. Also, Algeria is one of many countries that have sent rescue teams to Turkey and Syria in the aftermath of the deadly earthquakes. Finally, we meet a prize-winning Ivorian scientist who is hoping that her work on bio-pesticides will help transform sustainable agriculture.
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With the increased amount of action that footballers have to deal with and how it affects the collective. Of course, teams in Europe are having a hard time including Manchester United. This is The Nutmeg on GuardianTV.
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The German government has agreed on a package of measures to support a struggling construction and housing industry, according to reports.
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As Sudan plunged into civil war, the ethnic-African Masalit tribe came under weeks of systematic attacks in West Darfur by the paramilitary RSF and its Arab militia allies.
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European governments have a duty to rescue asylum seekers who cross the sea to escape conflict, Pope Francis said in Marseille. He called it "a duty of humanity" to save people in difficulty.
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Starting on Saturday September 23, China is hosting the Asian Games, a major multi-sport event held every four years between the Olympics. The 19th edition, postponed from last year, brings together some 12,000 athletes from across the continent, competing in 40 sports over two weeks in the eastern city of Hangzhou. For the first time, e-sports are featured as an official medal sport event, with seven golds on offer. But a lot of attention is also focused on what's happening outside the tracks and arenas. FRANCE 24's Oliver Farry tell us more about the geopolitical aspect of the event.
