La Libra, Facebook's digital currency, announced for 2021 in reduced format

The launch of Facebook's digital currency, Libra , could take place in 2021. The project may benefit from favorable factors in the global economy, but regulators will have to be convinced first.  Facebook could launch Libra, its digital currency in 2021, we learn from the British media Financial Times, which quotes people close to the process. The product is expected to arrive in a limited version, after the project has met with great aversion from regulators, including in the United States, the country where the headquarters of the social media management company are located. The stakeholder association behind this digital currency project is now planning to launch a single version of Libra that will itself be pegged to the dollar, at the rate of one unit of US currency for each Facebook digital currency . “The other forms of currencies will be deployed at a later stage,” the FT source added. The exact launch date will depend on when the project

Europe, China…: “When Donald Trump sees enemies everywhere”

Washington has announced a 10% to 15% increase in customs duties on Airbus imports. This activism to tax foreign companies aims to weaken the adversary before negotiating. Losses & profits. Never short of imagination, the President of the United States, Donald Trump, has just pulled out of his hat a new salvo of customs taxes against Europe. After the wine, cheese, anoraks and folding knife blades, the American administration went up a notch, also targeting butcher knives. But the main dish of this offensive concerns the two main export positions from Europe to the United States, aeronautics and automotive. On Friday, February 14, Washington announced a 10% to 15% increase in customs duties on imports of Airbus aircraft

When Donald Trump sees enemies everywhere

This measure is a response to the recognition by the World Trade Organization (WTO) of the reality of the subsidies received by Airbus for more than fifteen years. An endless quarrel that should experience a new twist in a few months, when the same WTO will rule on US subsidies to Boeing. Everyone sharpens their blades in preparation for the great battle.

Donald Trump’s activism can be explained by his willingness to influence the new negotiations which should open between Europe and the United States on the signing of a free trade treaty. The President of the European Commission, Ursula von der Leyen, made a commitment in January to the Davos forum in Switzerland to conclude an agreement as soon as possible.