Month: June 2023

Over two decades in office, the prime minister and her Awami League party have overseen impressive growth and reforms in a notoriously corrupt country—but that same firm hand may now be limiting Bangladesh’s progress. Our correspondent visits the frontier of a potentially transformative technology for reducing atmospheric carbon: direct air capture. And a listen to the astonishing boom in Spanish-language music.

For full access to print, digital and audio editions of The Economist, try a free 30-day digital subscription by going to www.economist.com/intelligenceoffer

Alabama

• AL congressmen working on bill to stop funding to temporary SpaceCom
• Sen. Tuberville doubles down on criticism of inner city school outcomes
• The ACLL joins lawsuit in FL over school helping student transition
• Further discussion with ACLL's Matt Clark over upcoming SCOTUS rulings
• Don't forget to find a tasty deal on National Donut Day

National

• OK senator comes back from US Mexico border, says its still very bad
• Judiciary chairman further lambasts FBI re: subpoenaed document
• Kari Lake of AZ to appeal her election lawsuit to US Supreme Court
• Warner Bros let BLM contract expire with zero content produced
• Actor James Van Der Beek sounds off on Joe Biden not debating in primary

This episode is sponsored by EY.

On this episode of “Money Reimagined,”  Michael Casey and Sheila Warren explore Europe's post-Brexit landscape and its impact on the region. They discussed the implementation of the Markets in Crypto-Assets Regulation (MICA) and how Europe competes compared to the United States.  Casey and Warren emphasize the importance of understanding the opportunities presented by cryptocurrencies and the need for effective governance. Why does Europe seem more concerned about privacy and data than the U.S.?  Overall, they provide valuable insights into the evolving landscape of crypto regulation and Europe's role in shaping its digital future.

Summary

• Introduction. 0:00
• The ongoing regulatory challenges.
• Washington debt ceiling debate.
• Biggest takeaways from the week. 2:21
• Huge week for Europe post-Brexit.
• The implementation phase of MICA.
• Competing with Europe in a post-Brexit world.
• The difference in the understanding of the opportunity.
• Coindesk’s thoughts on the consensus. 6:13
• Coindesk's consensus report on crypto regulation.
• How will the U.S regulate crypto?
• Viewing crypto in isolation and together with technical realities.
• Governance of the overall architecture.
• The underlying architecture of the internet. 10:11
• Regulating for the narrow use case misses the opportunity.
• The distinction between AI and blockchain
• Money vs Bitcoin, money vs information exchange.
• The European position on the internet.
• Data Protection Regulation in Europe. 14:27
• Data protection in Europe vs U.S.
• Data exploitation problem in Europe.
• Why Europeans are concerned about data more than other things?
• Cultural roots of these things.
• Bringing homogeneity to the Euro. 18:15
• The great European experiment brought homogeneity to the region.
• The history of Bitcoin and crypto.
• The cultural differences between Europe and U.S.
• How the European crypto community is different from the US crypto community.
• How did the crypto community lobby in Brussels? 23:15
• The pan-European crypto community and lobbying in Brussels.
• How the crypto community got what they wanted.
• The role of the French Presidency.
• The importance of self-education and humility.
• The role of the United States in tech. 28:22
• The United States is the epicenter of the world tech.
• The AI world is bleak.
• The need for a more positive narrative.
• How Europe is charting its own digital future.
• Technology vs. companies. 31:17
• Open-source technology.
• Tech inevitability vs global conversation about it.
• Shaking the view of America as the center of the universe.
• The European approach to AI.
• International regulatory framework for crypto. 36:12
• The threat to the U.S.
• The future of crypto.

From our Sponsor: 

EY blockchain solutions can transform the business lifecycle for digital ecosystems, by promoting trust, transparency, privacy and efficiency.  EY: Helping you build a better working world. Find out more at blockchain.ey.com

Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “AITA” by Neon Beach.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The news to know for Friday, June 2, 2023!

We're telling you about a big relief for the U.S. economy. Congress passed a debt limit deal just days before the government was set to default.

And President Biden now plans to veto another bill.

Also, Arizona is responding to years of drought and water overuse by cutting off housing development.

Plus, who turned out for a high-profile royal wedding, why there's a new warning about not keeping too much money in payment apps, and who made this year's list of wealthiest self-made women.

See sources: https://www.theNewsWorthy.com/shownotes

Sign-up for our bonus weekly email: https://www.theNewsWorthy.com/email

Become an INSIDER and get ad-free episodes: https://www.theNewsWorthy.com/insider

This episode was sponsored by:

Athletic Greens: https://www.AthleticGreens.com/Newsworthy

Rothy’s: https://www.Rothys.com/newsworthy

To advertise on our podcast, please reach out to sales@advertisecast.com