National coin shortage
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News Date: June 28, 2020
US is experiencing a national coin shortage in several states as an excuse to COVID-19 pandemic.
Also, The Federal Reserve ordered 34 major US banks to suspend share buybacks in the third quarter and limit dividend payments to shareholders.
Source:twitter.com
Emergency Alert System reminder
The US Federal Communications Commission, Enforcement Bureau, Reminds EAS Participants of Compliance Obligations.FCC issues enforcement advisory reminding Emergency Alert System participants of compliance obligations, including ensuring alerts are accessible to people with disabilities.
The storm is upon us. We are ready now!
Details: www.fcc.gov
The appeal of safe haven assets to increase
Escalating tensions in Israel often lead to investors seeking refuge in safe-haven assets.This is because they closely monitor Middle East events for potential geopolitical risks that could impact financial markets.
These safe haven assets, like gold and government bonds, are considered low-risk and can provide a buffer against market volatility during uncertain times.
Institutional investors, such as hedge funds and central banks, also tend to diversify into these assets for risk management.
The impact goes beyond asset allocation, affecting market sentiment and volatility as investors react to developments in the region.
This underscores the interconnectedness of geopolitics and financial markets, prompting investors to adjust their strategies accordingly.
Quantum computers will revolutionize financial services
Quantum computers leverage certain principles of physics that allow them to process information more effectively than the computers currently being used.Businesses within the financial industry will benefit from this technology as quantum computers decrease risks, enhance customer services, and increase investment opportunities.
This innovation will transform the industry within the next years. Leaders and stakeholders in this field should act now, partnering externally and investing internally to make the most of quantum computers.
Source: bangkokbankinnohub.com
Europe Prepares for Gold Standard
Europe is reportedly advancing toward a gold standard, potentially making gold a central component of its financial system.This shift aims to stabilize economies amid inflation concerns, currency volatility, and growing distrust in fiat currency.
Central banks, particularly in Europe, are increasing gold reserves, signaling a shift in monetary policy.
This development could have major implications for global finance, impacting both currency markets and investment strategies.
Source: Moneymetals
What is Quantum Internet
Traditional computer data is coded in either zeros or ones. Quantum information is superimposed in both zeros and ones simultaneously.The quantum internet is a network that will let quantum devices exchange some information within an environment that harnesses the odd laws of quantum mechanics.
In theory, this would lend the quantum internet unprecedented capabilities that are impossible to carry out with current web applications.
Sources: trevorwinchell.com