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White House: US to begin work on future digital dollar | Money

WASHINGTON, March 9 President Joe Biden today will order government agencies to begin work on creating a digital US dollar, White House officials said. Amid the explosive rise of private cryptocurrencies like bitcoin, the US effort will study benefits and potential risks while “placing.

Biden hits Russia with tough export curbs, slashing access to global tech | Money

WASHINGTON, Feb 25 The Biden administration announced sweeping export restrictions against Russia on Thursday, hammering its access to global exports of goods from commercial electronics and computers to semiconductors and aircraft parts. The controls, announced by the Commerce Department and.

Biden meets with G7, addresses US on response to Russia | World

WASHINGTON, Feb 24 US President Joe Biden was meeting with G7 allies today to hammer out a raft of new sanctions against Russia after it invaded Ukraine, and will later speak to the American people on a crisis that he warns will cause “catastrophic loss of life.” The virtual, closed-door.

Biden voices support for new US mines, if they don t repeat past sins | Money

WASHINGTON, Feb 23 ― US President Joe Biden yesterday touted progress by government and private industry to boost American production of minerals used to make electric vehicles and other renewable energy products, but stressed that new mines must benefit host communities and not damage the.

Biden puts sanctions on Russian banks and elites as he says Ukraine invasion has begun | World

WASHINGTON, Feb 23 President Joe Biden said yesterday the United States was imposing a first tranche of sanctions against Russia for launching an invasion of Ukraine and promised that more would come if there are further incursions. Biden, speaking to reporters at the White House, said the.

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