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Column: Central bank digi cash spooking shadow economy to crypto

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LONDON (Reuters) - If central bank digital cash is to rapidly replace banknotes, a shadow economy worth trillions of dollars may creep deeper into the darkness.
A big issue for governments and central banks then is the extent to which it s already going there - or whether the latest explosion in cryptocurrency values, for example, is at least partly pricing its imminent arrival.
Monetary authorities from Beijing to Frankfurt have over the past year accelerated plans for legal tender in digital format, in part to keep pace with the explosion of private sector crypto-coins and online payment systems of recent years. The plethora of designs and concepts being bandied about so far make it difficult to get a clear picture of what will emerge. ....

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Cyprus economy shrinks by 5% in 2020 against...

The Cypriot economy contracted by an annual 5% in 2020 beating projections for deeper recession amid the coronavirus pandemic, according to a flash. ....

Statistical Service Of Cyprus Cystat , Statistical Service , புள்ளிவிவர சேவை , சர்வதேச பரவல் ,

Polish GDP still below pre-pandemic levels, but resilience is rising

(MENAFN - ING) In 4Q20, Poland s GDP fell by 2.8% year-on-year versus the consensus at -3.0% and ING s forecast of -2.9%. Despite the deeper contraction than in 3Q20 (-1.5%YoY), the outcome shows increasing resilience to the pandemic.
In the fourth quarter, the number of Covid-19 cases in Poland were several times higher than in the spring, and our index of the closing of the Polish economy indicated that restrictions were a quarter to a half times less onerous, the quarter-on-quarter contraction in GDP (-0.7%) was only about 1/13th of the drop in 2Q20 (-9% QoQ).
The picture is similar in other economies, including Poland s major trading partners. GDP changes and business lockdown index in 2020 ....

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Welcome To IANS Live - INTERNATIONAL - Democrats to unveil $3,000 child benefit

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Washington, Feb 8 (IANS) As part of US President Joe Biden s $1.9 trillion Covid-19 relief package, Democrats will on Monday unveil a $3,000 child benefit legislation, according to a media report.
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Update: 08-February-2021 ....

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CNN Inside Politics with Abby Phillip January 31, 2021 13:00:15

Transcripts for CNN Inside Politics with Abby Phillip 20210131 13:00:15
archive.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from archive.org Daily Mail and Mail on Sunday newspapers.

Mo Ney , Relief Bill , Passing Covid , Party Split , Jon Tester ,