Global inflation has slowed down, but in many countries, crypto is still providing an attractive and viable alternative to the local monetary system. Countries around the world are grappling with inflation, and in many places, investors and everyday savers are turning to crypto to protect their savings. The early 2020s saw a sharp uptick in global inflation rates amid government stimulus programs during the COVID-19 epidemic. Supply chain disruptions led to increased costs for businesses, and food and energy prices rose following Russia’s war in Ukraine. Central banks responded aggressively, hiking interest rates and easing pressure on supply chains. As a result, inflation rates have somewhat calmed in the last two years. Read more
Afghans who fled the Taliban and have waited years for resettlement decision from the United States say their last path to safety has shut since Washington froze all Afghan immigration cases following a shooting near the White House. The US Citizenship and Immigration Services (USCIS) said late on Wednesday it had halted processing for Afghan nationals indefinitely, hours after an Afghan man shot and critically wounded two National Guard soldiers in Washington. US President Donald Trump called the attack “an act of terror” and ordered a review of Afghans who entered the country during Joe Biden’s presidency. For Afghans sheltering in Pakistan, tens of thousands of whom are awaiting US resettlement decisions, the announcement felt like their last safe route had closed. Law enforcement members gather in a cordoned-off area after two National Guard members were reportedly shot near the White House in Washington, DC., the U.S on, November 26. — Reuters ‘If I go back you will hear news of my arrest or my death’ “I...