Jordan to Establish Comprehensive Regulatory Framework for Digital Assets

Jordan is set to establish a comprehensive regulatory framework for digital assets within a year, aiming to align with global standards and enhance its digital economy. The Jordan Securities Commission will develop licensing requirements for global trading platforms, focusing on combating financial crimes. This initiative follows the recent approval of the country’s blockchain policy, which supports national development and aims to boost confidence in government services.

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Ron Paul Advocates for Ending Foreign Aid as Immoral and Wasteful

Ron Paul, a former presidential candidate and advisor to the Department of Government Efficiency (D.O.G.E.), has called for the elimination of foreign aid, deeming it immoral and unconstitutional. He argues that it diverts taxpayer money from the U.S. poor and middle class to wealthy individuals in poorer nations, with significant cuts taken by intermediaries. Co-head Vivek Ramaswamy supports this stance, emphasizing the need for scrutiny of government funding to non-governmental organizations, which he views as a misuse of taxpayer dollars.

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Radiant Capital loses over 50 million dollars in cryptocurrency theft

Radiant Capital reported a theft of over $50 million in cryptocurrency following a sophisticated security breach that compromised the devices of three trusted developers. The attackers used malware to gain access to private keys, allowing them to execute malicious transactions without obvious warning signs. U.S. law enforcement and blockchain security firms are investigating the incident, which is the second hack affecting the platform this year.

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Trump’s Crypto Ventures and Legislative Challenges in the Lame Duck Session

Amidst a potential lame-duck session, Rep. Patrick McHenry sees a chance for crypto legislation, including the FIT21 bill, to be attached to a spending bill. Meanwhile, Trump’s involvement in crypto, particularly with his WLF token, raises concerns about conflicts of interest and the Emoluments Clause, as Democrats may resist supporting crypto bills that could benefit the Trump family financially. Senate Majority Leader Chuck Schumer acknowledges the future of crypto but has not prioritized it in his legislative agenda.

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Blockchain in Humanitarian Aid: Illusions and Inefficiencies Revealed

A study by digital anthropologist Margie Cheesman reveals that blockchain technology in humanitarian aid often perpetuates ignorance rather than providing real benefits. The research, focusing on the Cash4Work project in Jordan, highlights issues such as confusion among aid workers and recipients, miscommunication, and the technology’s failure to empower beneficiaries. While blockchain may have reduced transaction fees, the overall impact on efficiency and aid delivery remains questionable.

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Solana Ranch Elementary Hosts Vibrant Heritage Night Celebrating Diversity

Solana Ranch Elementary School recently hosted a vibrant heritage night, bringing together families from diverse nationalities to share their traditions and cuisine. The event featured colorful booths showcasing the history and heritage of each country, along with mouth-watering dishes and captivating international performances by the children, creating a joyful celebration of unity and appreciation for the school’s multicultural community.

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Geopolitical Tensions and Market Volatility: Stock Market Update and Expert Recommendations

The Indian stock market faced sharp selling last week amid the Iran-Israel war and FII’s selling. Geopolitical tensions escalated after Iran’s counterattack on Israel, leading to concerns about global markets and FII flow. Experts recommended buying stocks like IRCTC, Aegis Logistics, Nahar Industrial, Westlife Foodworld, Chalet Hotels, Concord Biotech, and Hindustan Aeronautics Ltd.

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Arab Financial Markets: 2023 Year in Review

Arab financial markets in 2023 saw significant growth in stock prices, global and regional gains, and strong performance, despite a challenging start and global market volatility. The year ended on a positive note, with market capitalization reaching $4.5trn, driven by impressive performances in Saudi Arabia, Egypt, Morocco, and Lebanon. The energy sector dominated market capitalization, followed by the financial and consumer sectors.

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Wall Street Hits Another Record with Big Tech Leading the Way

PepperJacks of Chino Valley relocates; Action Automotive Repair honored; Gail Gardner Way Walmart in Prescott undergoing remodel. Big Tech drives Wall Street to another record week. Biden joins grieving families of US troops killed in Jordan. Vinyl stores see uptick in physical music sales. Sinema’s lackluster fundraising quarter raises campaign concerns. New city strategic-planning process underway in Prescott. Art Hive gallery hosts first youth exhibit. New lawsuit could impact General Election vote. Bradshaw Mountain Hi-Railers to host train show Saturday.

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Global Economic Update: Vietnam’s Growth, Japan’s Unemployment, China’s EV Market

Vietnam’s economy is expected to grow between 6% and 7% this year, driven by low interest rates, strong exports, and a robust liquidity situation. Japan’s unemployment rate edged lower in December to 2.4%, the lowest since January 2023. Oil prices tumbled on worries about China’s property crisis impacting its economy, while the U.S. Treasury Department expects to borrow $760 billion in the first quarter.

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Global Markets: Fed’s Upcoming Decision, Middle East Tensions, and Corporate Earnings

The week on Wall Street is expected to start cautiously positive, with focus on the upcoming US Federal Reserve interest rate decision and January’s job report. Uncertainty looms over the Middle East developments and the potential impact of Chinese real estate giant Evergrande’s restructuring. Additionally, over 100 S&P-500 companies, including major players like Apple and Boeing, are set to release their earnings reports, potentially influencing market movements. The Fed is likely to keep interest rates unchanged, with attention turning to future rate cut indications. Furthermore, slight movements in bond and currency markets are observed, while oil prices fluctuate amid geopolitical tensions.

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