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Bigdaddy Crypto
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Malaysia’s Strategic Partnership in BRICS Malaysia’s inclusion as one of 13 new BRICS partner nations marks a significant diplomatic milestone. The move highlights the country’s growing role in the global economy, aligning with BRICS’ vision to strengthen cooperation among emerging markets. This partnership opens doors for Malaysia to engage in new economic and trade opportunities, potentially enhancing its influence on global issues. As Malaysia’s leadership in BRICS evolves, this collaboration could pave the way for further integration into the bloc’s broader initiatives. Source: BERNAMA
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Professional Guide to Earning $100 Daily from Spot Trading
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SEC Files Appeal in XRP Lawsuit After Controversial Verdict The U.S. Securities and Exchange Commission (SEC) recently filed an appeal in its lawsuit against Ripple (XRP) following a controversial ruling that initially appeared to favor Ripple. This move adds a new layer of uncertainty to the legal battle, particularly for XRP holders and the wider crypto industry. The outcome of the appeal could set crucial precedents for how digital assets are regulated in the U.S., which has been a highly debated issue in the crypto space. $XRP $BTC
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Chicago Federal Reserve President Austan Goolsbee recently signaled an urgent need for interest rate cuts, highlighting concerns about the U.S. economy's trajectory. He believes that while the economy has stabilized post-pandemic, acting now to lower rates would help maintain this stability and avoid a potential downturn. Goolsbee warns that delaying action until labor markets weaken could have serious consequences for economic growth. He stresses that the current economic conditions offer an opportunity for the Fed to ease monetary policies without significant risk to inflation control. By acting preemptively, Goolsbee suggests that the Fed could protect against future economic slowdowns and provide much-needed relief to sectors struggling with higher borrowing costs. This statement has sparked discussions within financial circles about the future direction of U.S. monetary policy. Goolsbee's stance underscores the delicate balance the Federal Reserve must maintain between fostering economic growth and managing inflationary pressures. $BTC $ETH
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