The Bank for International Settlements is set to work with four central banks to test the settlement of cross-border transactions using their prototype central bank digital currencies. The BIS will collaborate with the central…
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2/2 © Reuters. FILE PHOTO: A man walks back to his home after sharing fuel with his neighbors, to use for their generator, in the aftermath of Hurricane Ida in Cut Off, Louisiana, U.S., August…
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Risk managers in South Africa must suffer perpetual headaches these days. There is a crammed list of risk management priorities to constantly monitor. These include variable water and electricity supply, physical crime, bribery and corruption,…
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© Reuters. FILE PHOTO: People who say they have been waiting for hours for a gas truck to show up are seen at a gas station in the aftermath of Hurricane Ida in New Orleans,…
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Child sexual abuse material is rampant online, despite considerable efforts by big tech companies and governments to curb it. And according to reports, it has only become more prevalent during the COVID-19 pandemic. This material…
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The scramble to assist the thousands of refugees who fled Afghanistan is on as the humanitarian crisis in that country grows more dire. Haiti’s recovery from an earthquake on Aug. 14, 2021, is off to…
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The Group of 20 and Bank for International Settlements have launched a new cloud-based ‘TechSprint’ initiative to see how technology can streamline regulatory and supervisory processes. “Problem statements” have been drawn up to identify challenges…
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© Reuters. FILE PHOTO: The Shell Norco manufacturing facility is flooded after Hurricane Ida pummeled Norco, Louisiana, U.S., August 30, 2021. REUTERS/Devika Krishna Kumar/File Photo By Marianna Parraga and Liz Hampton HOUSTON (Reuters) -The engine…
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Millions of unemployed Americans are set to lose pandemic-related jobless benefits after Labor Day – just as surging cases of coronavirus slow the pace of hiring. In all, an estimated 8.8 million people will stop…
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Major sporting events like the Paralympics are a breeding ground for technological innovation. Athletes, coaches, designers, engineers and sports scientists are constantly looking for the next improvement that will give them the edge. Over the…
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