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New Digital Weapon for China

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Biden vows to cut greenhouse gas emissions in half by 2030

Calling the next 10 years a “decisive decade” for the planet, Biden vowed to lead the way to a green future that will produce jobs and prosperity for those nations that act quickly.

We have to move quickly : Biden pledges to cut U S greenhouse gas emissions in half by 2030

‘We have to move quickly’: Biden pledges to cut U.S. greenhouse gas emissions in half by 2030 Dave Goldiner President Biden pledged Thursday to cut greenhouse gas emissions in half by the end of the decade, and urged world leaders to “move quickly” or risk a catastrophic future. Calling the next 10 years a “decisive decade” for the planet, Biden vowed to lead the way to a green future that will produce jobs and prosperity for those nations that act quickly. “Countries that take decisive action now . will reap economic benefits in the future,” Biden said at a virtual climate summit of world leaders. ”We have to move, we have to move quickly to meet these challenges.”

Digital Yuan Gives China a New Tool to Strike Back at Critics

Article content (Bloomberg) Even as China grows in economic and military power, perhaps nothing reveals Beijing’s weaknesses more than the U.S.’s control of the global financial system.China has recently sought ways to counteract U.S. sanctions after the Trump administration targeted Chinese officials and companies over policies from the South China Sea to Xinjiang. Hong Kong’s leader can’t access a bank account and a top executive at Huawei Technologies Co. is detained in Canada. Even China’s state-run banks are complying with U.S. sanctions.That’s one reason the Biden administration is starting to study whether China’s development of a digital currency will make it harder for the U.S. to enforce sanctions, Bloomberg reported earlier this month. The digital yuan, which could see a wider roll out at the 2022 Winter Olympics in Beijing, is also spurring the U.S. to consider creating a digital dollar.

Yuan: Digital yuan gives China a new tool to strike back at critics

Yuan: Digital yuan gives China a new tool to strike back at critics
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