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End of Euro? EU to scrap banknotes for digital money

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Plans are underway for a ‘digital euro’ to be ‘in circulation’ within a matter of just years. Bank leaders say this is intended simply to “complement cash”. They have attempted to play down fears they are, instead, here to “replace” proper, physical money.

European Central Bank (ECB) head Christine Lagarde announced last summer plans for a new digital currency had been on the table since 2020.

Now, the European Commission is preparing to propose a bill which would serve as the legal foundation for the work currently underway to push out a digital currency.

The legislation is expected to be put to tabled in 2023.

Olaf Scholz, then German Finance Minister, now German Chancellor, said in 2021 the EU must “push forward” with digital money plans “with full speed”, noting that other groups would not wait for the bloc to act.

He, quoted in POLITICO, said: “No one will wait for us.

“I am convinced that eurozone countries need to take part more actively in the process and play a stronger role.”

The plan is that a form of digital euro would be ‘in circulation’ by 2025.

Andrea Jelinek, Chair of the European Data Protection Board, suggested the push came in response to the “decline” of cash.

READ MORE: Frost’s extraordinary broadside at EU hailed

Discussing what the public and shareholders would like from a digital currency, Ms Jelinek described characteristics that could already be said of cash.

She said: “The majority of citizens declared they wanted ‘a digital euro focused on privacy and the protection of personal data, which can be used offline’.”

There appears also to be a push for a digital currency in Britain – this, at one time, being dubbed ‘Britcoin’.

Chancellor Rishi Sunak expressed a similar theme to ECB leaders, stressing: “We know that cash remains vital for millions of people and are fully committed to ensuring people across the UK can continue to access it.”

But Treasury insiders cited in the Mail on Sunday last year stressed such a move would mark the “biggest upheaval in the monetary system for centuries”.

Additional reporting by Maria Ortega.



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Pay Attention To Childhood Cancer

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Childhood Cancer

Childhood cancer is not very common, since it is estimated that for every 100 adults affected by cancer, there is one child who suffers from it. It comprises numerous types of tumors that develop in children and adolescents from 0 to 18 years of age. The most common types are leukemia, brain tumor, lymphomas, and solid tumors such as neuroblastoma and Willms tumor (kidney tumor).

Don’t Ignore Signs

Sometimes the symptoms of childhood cancer can be confused with those of other diseases, so it can take time to obtain a timely diagnosis that allows the disease to be treated in time. In this sense. Most doctors recommend that parents not ignore the signs, among which are persistent bone and abdominal pain, fever without apparent causes for more than a week, bruising or bleeding from the nose or gums, tumor or node growth, weight loss, among others.

Genetic Factors

Genetic factors and malformations play an important role in the onset of the disease, unlike in adults, where environmental factors such as infectious agents, radiation, smoking, minerals, and chemical compounds have a high incidence. In children, the main cause is still unknown.

The Diagnosis 

There are numerous diagnostic tests used to detect childhood cancer; these allow to determine the type of tumor, where it is located and if it has invaded neighboring organs, (if it has metastasized) for which laboratory tests, imaging studies, and biopsies are used. From which the type of treatment to be used to combat the disease will be established.

Medical Treatment

Many doctors give the reassurance that childhood cancer should be treated in institutions where there is a multidisciplinary health team, such as the Cancer Institute. This team consists of pediatric surgeons, radiation oncologists, orthopedists, hematologists, clinical oncologists, psycho-oncologists, among others.

Seek Local Help

The treatment is multidisciplinary, where excellence, professionalism, dedication, avant-garde in medical knowledge are combined, whose main objective is the fight against cancer. You should also consider local centers that offer cancer care Orange County-based.

Read more: Ryan Garcia and Who is Ryan Garcia Net Worth

 

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'This is huge' Swedish Air Force jet deployed over Belarus border in threat to Putin

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The Scandinavian country is not a member of NATO, but could be ready to trade in its neutral status in the wake of Russia’s invasion of Ukraine.

News of Stockholm’s decision to send a jet was revealed by twitter user Jamming.

They wrote: “Swedish Air Force Korpen active over Poland border area with Belarus.

“Sweden part of surveillance of Belarus and Ukraine!!!

“This is a huge political statement! Update on SwAF Korpen.”

 

The Gulfstream IV aircraft was tracked taking off from Linking airport and then flying towards the city of Grodno in western Belarus.

It was flying at an altitude of just under 12,000 metres at a speed of 836 kilometres per hour.

Although Sweden is not a NATO member, it is an “enhanced opportunity partner” of the military alliance.

The government also signed a statement in 2018 pledging to strengthen its defence cooperation.

Swedish Prime Minister Magdalena Andersson rejected calls by opposition parties earlier this month for the country to join NATO.

She argued that such a move would further destabilise Europe.

Her statement came in the wake of threats from Moscow that NATO membership would bring “serious military-political consequences” for Sweden.

However, there is growing public support among Swedes for their country to join the transatlantic military alliance.

A poll conducted in late February by broadcaster SVT found that 41 percent of the public supported NATO membership, while thirty-five percent were against.

It was the first time an opinion study in Sweden had found more people in favour of the country joining NATO than were against it.

MORE TO FOLLOW….



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Putin humiliated: Russia tries and fails to capture defiant Ukraine village for tenth time

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Russia has tried and failed to capture the village of the Chornobaevka ten times, according to Ukrainian presidential adviser Aleksey Arestovich. Videos shared by Ukrainian officials online showed the “tenth defeat of the Russian invaders in Chornobaevka”. The continued failures to capture the village comes as Ukrainian President Volodymyr Zelensky said last night that his country’s forces had “dealt powerful blows” to the Russian military.

Mr Arestovich told a press conference that Russian troops had tried to take Chornobaevka for the tenth time, but the assault again ended in failure.

Following this, the head of the nearby Mykolaiv Regional State Administration Vitaly Kim published a video showing “the defeat” as explosions erupt on the outskirts of the village.

The resolute village has become famous in Ukraine for its defence, as President Zelensky commended Chornobaivka last weekend for fending off six invasions at the time.

He said: “Ukrainian Chornobaivka will go down in war history. This is a place where the Russian military and their commanders have shown themselves for who they truly are – incompetent, capable of simply handing over their people for slaughter.

“Our military has annihilated the invaders near Chornobaivka six times.

“Six times, yet they keep coming back.”

JUST IN: Putin on brink of major RETREAT in Kyiv

Online users ridiculed the latest Russian failures and hailed the Ukrainian defiance, with one Reddit user remarking: “At some point, I think every military intelligence outfit looking at this must be wondering how bad the rot is in the Russian military.”

One user visavillem added: “So this is the 10th time. Are Russians trying to bait Ukrainians to waste ammo with some obsolete/broken equipment, or are they really so stupid, that they keep stepping on the same rake again and again?”

Another user on Reddit adfgqert posted: “The Ukrainian people have resolve and determination that is beyond what I think is normal.

“Beyond inspirational and they bring fighting for what they believe in to a new level for me.” 

This comes amid ongoing setbacks for Russian military forces in the south of the country.

Earlier this week, it was reported that Russia had withdrawn most of its helicopters from a strategic airport in Kherson, in southern Ukraine, according to satellite images.

Kherson has also been the site of several local protests against the occupying Russian soldiers.

The official said: “We can’t corroborate exactly who is in control of Kherson but the point is, it doesn’t appear to be as solidly in Russian control as it was before.

“That would make it very, very difficult for them to make any kind of ground movement on Odesa.

“That would be a significant development, no question about that, in terms of the southern part of the war.” 



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