Ricardo's threads | Nothing contributes so much to the prosperity and happiness of a country as high profits

Digital euro safeguards – protecting financial stability and liquidity in the banking sector

04/17/2024 European Central Bank Central banks

A digital euro would provide the general public with an additional means of payment in the form of risk-free central bank money in digital form that is universally accepted for digital payments across the euro area. A digital euro would offer a wide range of financial stability benefits, including safeguarding the role of public money and strengthening the strategic autonomy and monetary sovereignty of the euro area in the digital era. It would be designed to have no material impact on financial stability or the transmission of monetary policy.

The Global Turn Away From Free-Market Policies Worries Economists

04/17/2024 New York Times USA

More countries are embracing measures meant to encourage their own security and independence, a trend that some say could slow global growth.

VW Workers in Tennessee Start Vote on U.A.W., Testing Union Ambitions

04/17/2024 New York Times USA

The United Automobile Workers hopes contract gains at the Big Three carmakers will provide momentum in a broad effort to organize nonunion plants.

Video games at work? It sounds fun, but there are ethical risks

04/17/2024 The Conversation UK

Gaming might be thought of as a fun and frivolous hobby. The video game industry generates huge amounts of money, but it does little to improve the world.

Removing PFAS from public water systems will cost billions and take time – here are ways you can filter out harmful ‘forever chemicals’ at home

04/17/2024 The Conversation USA

PFAS are showing up in water systems across the U.S. Jacek Dylag/Unsplash, CC BYChemists invented PFAS in the 1930s to make life easier: Nonstick pans, waterproof clothing, grease-resistant food packaging and stain-resistant carpet were all made possible by PFAS.

Demand for cost-of-living measures intensifies as opposition backs strike

04/17/2024 Macropolis European Union

The skyrocketing cost of basic goods and lagging wages are at the centre of demands by unions which have gone on strike demanding for more effective government interventions.