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Video Player Close Photo taken on March 13, 2018 shows the headquarters of the People's Bank of China. (Xinhua/Cai Yang) BEIJING, Feb. 24 (Xinhua) -- Central banks of China, Thailand and the United Arab Emirates as well as Hong Kong Monetary Authority have launched the Multiple Central Bank Digital Currency Bridge (m-CBDC Bridge) project to study the application of CBDC in the field of cross-border payment, the People's Bank of China (PBOC) said Wednesday. The Hong Kong branch of the Bank for International Settlements Innovation Hub has also extended its support to the research project, the PBOC added. The participants of the project will evaluate the feasibility of m-CBDC Bridge application in cross-border capital transfer, international trade settlement and foreign exchange transactions, among others. The research project will build an enabling environment for more central banks in Asia and other regions to jointly conduct research on enhancing cross-border payment … [Read more...] about China joins Thailand, UAE in digital currency research project

With Prime Minister Boris Johnson finally declaring the end of lockdown is firmly in our sights, many of us are desperate to book that long-awaited getaway. But just where and what can we do? Here are some of your holiday questions answered. When can we holiday at home? Domestic holidays will be allowed from April 12 - after Easter - although hotels and B&B’s will not open until at least May 17. When can we travel abroad? Foreign travel may also be given the go-ahead from May 17, although a review into restarting travel concludes on April 12. Depending on its findings, dates could change. Where can we go? Currently there are 33 countries on the high-risk list. Anyone travelling from these countries to the UK will need to quarantine in a government-approved hotel for ten days at a cost of £1,750. You will also need to take two coronavirus tests. It isn’t known how long this scheme will run for. Do you enjoy reading about politics? Sign up for all the … [Read more...] about Essential holiday questions answered – what you can and can’t book in UK and abroad

New Delhi: The International Solar Alliance ( ISA ) has ranked India as an "Achiever" among its 80 member countries along with Brazil, Saudi Arabia and the United Arab Emirates (UAE) in its latest Ease of Doing Solar (EoDS) report. Achiever countries are those with most favourable technical and commercial conditions for solar and perceived as most attractive for investments in solar. The report groups the countries in four segments -- Achiever, Influencer, Progressive and Potential. "Owing to strong potential, robust sustainability targets, high solar irradiation and developing power infrastructure, India has emerged as a leading performer among the ISA member countries along with Brazil, Saudi Arabia and UAE," the report said. It states that there has been growing lender interest in renewable energy (RE) in India and 60 RE projects drew financing of over $2.5 billion in 2017, around 60 per cent of which came from non-banking financial institutions. "India's … [Read more...] about India an achiever in solar power growth among 80 member countries: ISA

Michael Eisner is the general counsel of Democracy for the Arab World Now (DAWN) and a former US State Department attorney adviser. Abdullah Alaoudh is Director of Research for the Gulf Region at DAWN, Visiting Professor at the Elliot School of International Affairs at George Washington and the son of prominent Saudi cleric and political prisoner Salman al-Awda. The views expressed here are their own. Read more opinion at CNN. (CNN) Saudi women's rights activist Loujain al-Hathloul was released from prison earlier this month after serving 1001 days in prison for "crimes" that included contacting human rights groups and trying to change Saudi Arabia's restrictive male guardianship laws. Loujain is by no means free, though. She is banned from traveling for five years and remains on a three-year probation, living under the constant threat of being jailed again. Michael Eisner Abdullah Alaoudh Travel bans are not new in Saudi Arabia. … [Read more...] about How Biden can strike a blow against Saudi Arabia’s human rights violations

The moral compasses of atheists and believers are different in a few key ways, a new study finds. In some aspects, the moral compass was incredibly alike between the two groups; they both highly rated fairness and protecting the well-being of vulnerable people, for instance, and both highly endorsed liberty but not oppression. However, the groups diverged when it came to matters of group cohesion, such as valuing loyalty and respecting authority, the study found. This research shows that, contrary to public perception, atheists do have a moral compass, but compared with believers, "their compass is differently calibrated," possibly due to factors such as how they were raised and whether they are highly analytical thinkers, the study's researcher Tomas Ståhl, an assistant professor of psychology at the University of Illinois at Chicago, told Live Science. Related: Saint or spiritual slacker? Test your religious knowledge It's a common question, including among fellow … [Read more...] about Atheists and believers have different moral compasses