World on Fire

A Universal Digital Payments Network (UDPN) for stablecoins and Central Bank Digital Currencies (CBDCs) was launched at the World Economic Forum (WEF) in Davos. The network aims to provide interoperability between these digital currencies.

The mega-cap tech trade that has dominated markets since the Great Recession will "underperform in coming years," Bank of America said.

Let me start with a confession: I no longer read all the way through newspaper stories about the war in Ukraine. After years of writing about war and torture, I’ve reached my limit.