California Governor Newsom announced last month that he was suing the Trump administration over tariffs. On the 5th, Newsom further explained why he sued the Trump administration in an interview with the Canadian TV network. Newsom said that California, as the most economically powerful state in the United States, is also the most harmed by tariff policies. Newsom said that California is the largest state in the United States, with a population of 21 states combined. California is the fourth lar...
The governor of New Hampshire has signed a law allowing the state to invest in bitcoin and cryptocurrencies.
The Trump administration is seeking to move California Governor Newsom's legal challenge to the US tariff plan from federal court in San Francisco to the International Trade Court in New York. Lawyers for the Department of Justice filed a request on Thursday to move the case off Newsom's turf, arguing that the trade court has "exclusive jurisdiction over disputes related to tariffs...
California Governor Newsom: California will file a lawsuit against Trump's tariff measures.
California Governor Gavin Newsom posted a video on his social media platform on April 4, saying that the Trump administration's tariff policy "does not represent all Americans", and he has asked the California government to find new opportunities to expand trade cooperation, saying that "California is a stable trading partner". (Jin Ten)
Bank of England member Taylor: If there is a secondary effect (inflation), interest rate cuts will be suspended.
The governor of the Bank of Japan reiterated his commitment to stabilise the market, hinting at intervention in the bond market. A sharp rise in Japan's CPI boosted confidence in interest rate hikes and hedge funds restarted bullish bets on the yen. Click to view...
Bank of Japan Governor Kazuo Ueda said he will closely monitor the impact of rising interest rates on the economy and will raise interest rates if economic conditions improve as expected.
USD/JPY rose during Bank of Japan Governor Kazuo Ueda's speech, trading at 150.36, up 0.6% in the day.
In a post on social media, AlešMichl, the head of the Czech National Bank, said investors should be extra careful if they intend to invest in crypto assets. The market is still in its infancy and will experience a certain degree of ups and downs. Investors are advised to invest only in assets that they understand and are willing to bear the risk of losing all of them. Bitcoin, however, is another matter. It should not be confused with other crypto assets. Central banks should study it and explo...
On February 18, Pan Gongsheng, Governor of the People's Bank of China, was invited to attend a seminar on emerging market economies jointly hosted by the international monetary fund and Saudi Arabia and delivered a keynote speech. Pan Gongsheng pointed out that in 2024, China's economy continued to recover and achieve the annual economic growth target of 5%. Especially since late September last year, the Chinese government has launched a package of incremental policies to effectively boost socia...
Bank of England Governor Bailey said the fourth-quarter GDP data did not change the overall picture of the British economy. (Jin Ten)
The governor of the Bank of France, Villeroy, on Wednesday reiterated that U.S. President Donald Trump's tariff policy is likely to have a negative impact on the economy. "Protectionism is an attractive short-term policy, but in the long term it is a losing strategy," he added. Villeroy also reiterated that France is likely to avoid a recession in 2025. The French economy is on track to grow by 0.1-0 percent in Quarter 1 compared with the previous three months, the Bank of France said on Tuesday...
According to Bitcoin.com, Gabriel Galipolo, the new governor of Brazil's central bank, said that more than 90% of cryptocurrency use in the country is stablecoins transactions. The central bank's analysis found that stablecoins are mainly used for cross-border transfers, and there are risks of tax evasion and money laundering. Galipolo pointed out that the central bank initially believed that stablecoins were popular because they provided people with a convenient way to hold dollars. But after i...