Libra (Libra): Some misconceptions regarding you are likely to move today. And you will have to do extra work today. It will be a very busy day. Due to some special circumstances today, your holiday celebration may have to be cut short. Take care of your health as you are more likely to catch diseases quickly. Lucky Symbol – A Photo Frame
Monthly Archives
June 2022
Epic Games unveils personal Fortnite competition with prizes totaling one million dollars…
written by Alexandra Hartman Editor-in-Chief
Thank you for reading. Read the news: Epic Games unveils a personal Fortnite competition with prizes amounting to one million dollars…
Basrawy News Encyclopedia – I wrote: Nermin Salem In an effort to empower players, Epic Games announced that it will host a personal Fortnite competition in November in the United States, with a prize pool of up to one million dollars, and the company said that it will host the FNCS Invitational 2022 in person on November 12 and 13 in Raleigh, state North Carolina.
“We will be inviting a selection of the best FNCS Duos from around the world who will have the opportunity to compete in one lobby for a share of the $1,000,000 prize pool!” the company said in a post. 2022 in the coming months.
The company stated that for anyone expecting an invite please make sure any required travel documents are secured ahead of time, and Epic also stressed that the health and safety of players is the number one priority for holding any in-person event, and the company said: “If public health trends change, laws change or Regional recommendations at any time this year, we may have to reschedule or change these plans.”
The last offline event hosted by Fortnite was the Fortnite World Cup in 2019. Meanwhile, a recent report said that Fortnite fans can now use Microsoft’s Xbox Cloud gaming platform to access the game on iOS, Android, and Windows PCs.
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the seventh day
In the United States, they were afraid that the Russian Federation would undermine the reputation of Washington
written by Alexandra Hartman Editor-in-Chief
In the United States, they were worried that the confiscation of assets of the Bank of the Russian Federation would undermine the status of Washington
A photo: Vladimir Andreev © URA.RU
The United States was worried that the possible confiscation of the assets of the Central Bank of the Russian Federation might allegedly undermine Washington’s status as a reliable partner in the eyes of other states. At the same time, a number of high-ranking officials in the administration of US President Joe Biden oppose such measures. The New York Times writes regarding this, citing informed sources.
“Senior officials in the Joe Biden administration have warned that the withdrawal of these funds may be illegal and prevent other countries from further relying on the United States as a country for holding investments,” the sources said. The newspaper notes that, unlike many European countries, openly calling for the use of frozen Russian assets to help Ukraine, the United States is “much more cautious” in this matter.
“Discussions are ongoing within the Biden administration over whether to join efforts to confiscate assets, including in dollars and euros, that Moscow placed [до спецоперации]. Only a part of these funds is stored in the United States, while the majority is deposited in Europe, ”the publication reports. In the ranks of US officials, according to the NYT, they tend to believe that the confiscation of Russian assets may encourage the central banks of other countries to redirect their assets from dollars to other currencies.
The EU countries, as well as the United States and other states, have imposed large-scale sanctions once morest the Russian Federation due to the Russian special operations in Ukraine. As the Russian authorities reported, all previous sanctions had a negative effect on Western countries as well, including leading to an increase in inflation. Formerly US Congress approved the bill, allowing the transfer to Kyiv of the proceeds from the confiscation of assets and reserves of Russian citizens and the government. China noted that in this way Washington risks losing global credibility. European Commissioner for Justice Didier Reynders said that the amount frozen by the EU countries assets of the Central Bank of the Russian Federation “negligible” compared to the $100 billion frozen by the US.
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The United States was worried that the possible confiscation of the assets of the Central Bank of the Russian Federation might allegedly undermine Washington’s status as a reliable partner in the eyes of other states. At the same time, a number of high-ranking officials in the administration of US President Joe Biden oppose such measures. The New York Times writes regarding this, citing informed sources. “Senior officials in the Joe Biden administration have warned that the withdrawal of these funds may be illegal and prevent other countries from further relying on the United States as a country for holding investments,” the sources said. The newspaper notes that, unlike many European countries, openly calling for the use of frozen Russian assets to help Ukraine, the United States is “much more cautious” in this matter. “Discussions are ongoing within the Biden administration over whether to join efforts to confiscate assets, including in dollars and euros, that Moscow placed [до спецоперации]. Only a part of these funds is stored in the United States, while the majority is deposited in Europe, ”the publication reports. In the ranks of US officials, according to the NYT, they tend to believe that the confiscation of Russian assets may encourage the central banks of other countries to redirect their assets from dollars to other currencies. The EU countries, as well as the United States and other states, have imposed large-scale sanctions once morest the Russian Federation due to the Russian special operation in Ukraine. As the Russian authorities reported, all previous sanctions had a negative effect on Western countries as well, including leading to an increase in inflation. Earlier, the US Congress approved a bill allowing the transfer of proceeds from the confiscation of assets and reserves of Russian citizens and the government to Kyiv. China noted that in this way Washington risks losing world confidence. European Commissioner for Justice Didier Reynders said that the amount of assets of the Central Bank of the Russian Federation frozen by the EU countries is “negligible” compared to the $100 billion frozen by the United States.
Biden promises not to interfere with Fed independence, Yellen admits to misestimating inflation last year | Anue Juheng – US Stocks
written by Alexandra Hartman Editor-in-Chief
U.S. President Joe Biden met with Federal Reserve Chairman Jerome Powell on Tuesday to discuss historic inflation, and Biden also assured the Fed that the independence of the Fed will not be affected. There will be political interference, which will give Ball room to fight inflation.
In addition, Treasury Secretary Janet Yellen admitted in an interview on Tuesday that her earlier view of the inflation path was wrong, that she did not fully understand the situation at the time, and that an unexpected shock followed that made the inflation situation worse. worse.
The meeting was Powell’s first meeting with Biden since his Senate confirmation, and was attended by White House chief economic adviser Brian Deese.
Before meeting with Powell, Biden re-emphasized that curbing inflation is the top domestic priority. He said in an op-ed in the Wall Street Journal (WSJ) a few days ago that the Fed bears the primary responsibility for controlling inflation.
Diess said following the meeting that the meeting was very constructive, and Biden expressed to Ball at the meeting what he has been emphasizing, that is, respect for the independence of the Federal Reserve.
Distin acknowledged that the U.S. economy will face a transition period as the Federal Reserve pushes to normalize interest rates and slow economic growth, but expressed optimism that the U.S. economy can cope with inflation without sacrificing jobs and growth.
“We finished the first round at a very fast pace, which puts us in a strong position relative to other central bank peers, but it’s a marathon and we have to move to steady and resilient growth,” he said.
The U.S. consumer price index (CPI) showed signs of slowing in April as gasoline prices fell from record highs, indicating that inflation may have peaked, but high inflation may continue for some time.