In a statement the Federal Aviation Administration said, it had issued a special information bulletin alerting operators, manufacturers, and pilots that action may be required to address potential interference issues from the usage of 5G telecommunications technology from sensitive aircraft electronics. With… Read More ›
Month: November 2021
Will strengthen personal data protection in fintech sector: PBOC Governor
In a statement on Wednesday, Yi Gang, the Governor of China’s central bank, the People’s Bank of China, said, Beijing will strengthen personal protections in the financial technology sector to curb unauthorised data collection and abuses. Beijing aims to provide… Read More ›
$100 billion climate financing pledge by developed countries inches closer after Japan’s $10 billion commitment
In a statement US climate envoy John Kerry said, developed countries have pledged a total of $100 billion towards climate financing following new commitments made by Japan. In 2009 developed countries had pledged to provide $100 billion by 2020 to… Read More ›
Congress should build regulatory regime for stablecoins: President’s Working Group on Financial Markets
In a significant development a U.S. Treasury Department-led regulatory body has called on the US Congress to regulate issuers of “stablecoins” saying like other financial institutions these fast-growing digital assets should be monitored before they pose any systemic risk in… Read More ›
Ethiopia may lose duty free exports status to the US following widespread human rights abuses
With the United States weighing options which include suspending Ethiopia’s duty-free market status, citing abuses and a growing famine in the war-torn Tigray region, thousands of Ethiopians, whose income depend on the export of shawls stitched by them are at… Read More ›