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Rep. Byron Donalds says McCarthy is ‘in trouble’ after budget deal: ‘We didn’t get anything’
Rep. Byron Donalds, R-Fla., says Speaker Kevin McCarthy is “in trouble” after the last-minute vote to fund the government this weekend, saying the deal was a victory for Democrats. Donalds made the comments during an appearance on “Fox News Sunday” with host Shannon Bream. He said Republicans “did not get anything” from Saturday’s short-term funding […]
Dollar Reaches Two-Month High, Closing at R$ 5.69; U.S. Currency Gains 1.5% in a Week
The dollar gained momentum as commodities sharply devalued, pushing it back to R$ 5.70, the highest level since August. This surge occurred amid slower economic growth in China, affecting emerging market currencies. The spot dollar (USDBRL) closed trading at R$ 5.6989, up 0.69%. During the session, the U.S. currency hit R$ 5.7029, its highest intraday […]
Argentina Election: Massa Considers Digital Currency
Sergio Massa, a leftist presidential candidate, aims to launch a digital currency (CBDC) in Argentina. He calls it Moneda Digital Argentina (MDA). Central bank digital currencies (CBDCs) are digital tokens, similar to cryptocurrency, issued by a central bank. They are pegged to the value of that country’s fiat currency. However, CBDCs should not be confused […]