President Biden tries to keep Democrats engaged ahead of the mid-terms. Hitting the road for the holiday weekend. Helping teachers pay the rent. CBS News Correspondent Steve Kathan has today's World News Roundup.
In the attempt to contain the inflationary outbreak in the U.S. economy, the Federal Reserve’s monetary tightening by hiking interest rates will continue for some time. Recently, the U.S. central bank’s chair, Jerome Powell, made it clear that our present crypto winter was here to stay.
However, this is a good time for development in the crypto space.
The Near Foundation is committed to expanding its ecosystem of developers and project leads working on top of the Near blockchain. Its proof-of-stake blockchain has introduced a number of the scaling solutions that Ethereum developers have been working on for years. And there is great encouragement around decentralized finance (DeFi) development.
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Money Reimagined listeners get a special discount on Converge22, Circle’s first annual conference on the blockchain-driven future of money. Coming this September, Converge22 is for change makers looking to build what’s next in Web3. Use the code “CoinDesk” at checkout https://hubs.li/Q01hpy4w0.
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NEAR is a simple, revolutionary Web3 platform for decentralized apps, created by developers for developers. More than 700 projects are now building on NEAR’s fast, secure and infinitely scalable protocol, from DeFi apps to play-and-earn games, NFT marketplaces and more. Start your developer journey now by visiting NEAR at near.org.
I.D.E.A.S. 2022 by CoinDesk is the place to see your idea for the next big thing through – meet with leading investors, vet service providers and meet fellow visionaries at the Investing in Digital Assets and Enterprises Summit. Learn more and apply to become a presenter today: coindesk.com/ideas
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This episode was produced and edited by Michele Musso with announcements by Adam B. Levine and our executive producer is Jared Schwartz. The theme song is “Shepard.”
After a five-month hiatus, violence has returned to the northern region of Tigray—but that is just one of the conflicts threatening to pull the country to pieces. China’s Belt and Road Initiative has made it a prominent developing-world lender. How will it deal with so many of its loans souring? And our obituaries editor reflects on Issey Miyake’s fashion-for-the-masses philosophy.
Nat Robinson is from New Zealand, and grew up there the first half of his life. He finds that growing up in a small island nation gives him a unique perspective in the world. He currently lives in San Francisco with a young family, and loves doing water sports when he is not working - including surfing, sailing, and the opposite winter sports, snowboarding and such. He likes Santa Cruz for surfing, and typically prefers inland snowboarding.
While working at Microsoft, post the acquisition of his prior company, he started attempting to solve a problem for himself - around storing legal documents. What he discovered was that families were struggling with an overload of information, and how to keep it readily available and organized.
Before 1976, the California wine industry wasn’t on anyone’s radar. Most Americans didn’t even know that wine was produced in California.
Everyone in the knew, without any doubt, that the greatest wines in the world were all produced in France. In particular, from regions such as Bordeaux and Burgundy.
However, in just one day, the wine world’s attitudes towards French and California wines were completely and irrevocably altered.
Learn more about the Judgement of Paris and how, in a single day, the world took California wines seriously on this episode of Everything Everywhere Daily.
Happy Friday! Today we have a full agenda with updates from Alaska to Mar-a-Lago, Joe Biden talks fighter jets, John Fetterman rejects his first debate, and we discuss the passing of Mikhail Gorbachev.
The national anthem of the United States is familiar around the world from Olympic medal ceremonies and American patriotic celebrations. Like anything that is over 200 years old, the meaning of The Star-Spangled Banner has changed over time and the song has been the focus of controversy at different times in its history. What many people think they know about the anthem is as much myth and legend as it is fact.
Mark Clague explores many aspects of the song in his book, O Say Can you Hear? : A Cultural Biography of The Star-Spangled Banner (Norton, 2022). Francis Scott Key wrote the lyric to what would become the American national anthem around the time of a battle he witnessed during the War of 1812 between the United States and Britain. As was the custom at the time, he intended for the words to be sung to a pre-existent tune that potential performers would have known. By the time Congress officially named the song the US’s anthem in 1931, it was merely ratifying what had already become a cultural tradition. The Star Spangled Banner has its detractors: the melody is difficult to sing, the words are hard to remember and militaristic. Francis Scott Key was a slaveholder and the word “slave” appears in the third verse. Clague takes on this seemingly straightforward history and more recent controversy by busting myths about the anthem, delving deep into the history of the song from its composition until the present, and highlighting some key performances that have helped to shape Americans’ understanding of their country and themselves. The book is just one aspect of a larger public humanities project.
The website for the Star Spangled Music Foundation contains even more information on the anthem and its history including content suitable for educators working from Kindergarten to the college level and continues to be updated.
Kristen M. Turner is a lecturer in the music and honors departments at North Carolina State University. Her research centers on race and class in American popular entertainment at the turn of the twentieth century.
Millions of student loan borrowers breathed a sigh of relief after the White House revealed a plan to wipe clean a huge swath of debt. But how meaningful is this policy, what are the broader implications to the economy, and will it help future borrowers? Harvard Economist Susan Dynarski and the Brookings Institution Senior Fellow Andre Perry break down the plan and use their own experiences to humanize the root problems this relief begins to address. Plus, Andre argues why you will benefit from this policy even if you didn’t personally.
Find vaccines, masks, testing, treatments, and other resources in your community: https://www.covid.gov/
Order Andy’s book, “Preventable: The Inside Story of How Leadership Failures, Politics, and Selfishness Doomed the U.S. Coronavirus Response”: https://us.macmillan.com/books/9781250770165
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