Macau To Reopen City As No COVID Infections Detected For 9 Days

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A millionaire accountant has been jailed for six weeks for refusing to tear down 'Britain's best man cave' which he illegally built in his 10,000ft extension, including a cinema, squash court, casino and bowling alley. 

What factors are driving interest in CBDCs? The rise of cryptocurrencies is serving as a wake-up call to national governments, which have long held a monopoly on currency issuance. Concerns over that monopoly being threatened appear to be what's driving interest in CBDCs, according to Gustav Peebles, a professor of anthropology and an expert in monetary history, theory and policy at The New School in New York City.

The Bridgerton star was tipped as a possible replacement for Daniel Craig as 007 and the Russos - who directed the star on spy flick The Gray Man - think he has the charisma to take on the legendary role following his portrayal of the suave CIA boss Denny Carmichael in the Netflix movie.

The 34-year-old actor said: 'Ah, the B word. I think if you are British and do anything of note, that other people take notice of, then people will start talking about that. That's fairly normal and I'm flattered to be in the category of Brits that people have noticed.'

HONG KONG, Aug 5 (Reuters) - Macau's government said on Friday it would resume ferry services with the southern Chinese city of Shenzhen on Aug.
8, as authorities try to unwind stringent COVID-19 restrictions in the world's biggest gambling hub.

In an interview with the , Joe Russo said: 'He's fantastic. I mean, he has more charisma in his pinky than most people do in their entire body. So you know, we'd watch him do anything - I mean we'd watch him read the phonebook!'

The appeal was heard at the Court of Appeal in the Royal Courts of Justice but was dismissed, and Mr Wildin was given until 10 March 2022 to comply with the Order to complete the required work to avoid prison.

"The Federal Reserve Act does not authorize direct Federal Reserve accounts for individuals, and such accounts would represent a significant expansion of the Federal Reserve's role in the financial system and the economy," the report said. 

Mr Wildin subsequently appealed the decision, on the grounds that the Council gave no evidence of costs set out for the works to be completed and that 18 weeks was not an adequate time period to carry out the works.

'This required Mr Wildin to soft strip and decommission services to the building, with the judge sentencing Mr Wildin to six weeks imprisonment suspended for 12 months, on the condition that the building be permanently stripped and decommissioned within 18 weeks.

HONG KONG, Aug 1 (Reuters) - Macau will reopen public services and entertainment facilities, and allow dining-in at restaurants from Tuesday, authorities said, as the world's biggest gambling hub seeks a return to normalcy after finding no COVID-19 cases for nine straight days.

They are soaking up losses as they prepare to bid for new licenses in a business that generated $36 billion in revenue in 2019, the last year before COVID curbs slammed the sector. (Reporting by Farah Master and Twinnie Siu; Editing by Muralikumar Anantharaman)

A council spokesperson added: 'Following a series of warnings, in November 2018 the Council obtained an injunction against Mr Wildin and he had until 25th April 2020 to demolish a leisure building he built, (excluding the substantial retaining wall) in 2014 without planning permission.

More than 90% of Macau's residents are fully vaccinated against COVID-19 but authorities have closely followed China's zero-COVID mandate which seeks to curb all outbreaks at almost any cost, contrary to the rest of the world which is already living with the virus.
What is a central bank digital currency? It's the virtual form of a fiat currency -- that is, government-issued money that isn't backed by other commodities like gold or silver. In short, a CBDC is just the digital form of a country's official currency. As nothing more than a computer code, these currencies could be stored on central ledgers within a country's national bank or on a distributed ledger the way private cryptocurrencies like bitcoin are.

If the US government monitors everything you buy -- from milk at your local store to poker chips during your next casino trip -- there's potential for abuse. "All sorts of profiling could emerge out of that, and hackers might deem that database to be quite valuable, too," Peebles said. "So you could picture predatory marketing to the elderly, for example, if the data got out."

Privacy concerns over CBDCs The primary concern over a government-issued digital dollar centers on privacy, particularly when it comes to the issuance of Federal Reserve accounts. The US government could track all citizens' purchases through an e-wallet, giving the Fed an account of everything we do and eliminating space for unsurveilled monetary exchange, according to Peebles. 

A less destabilizing CBDC proposal wouldn't require a federal account but would involve a "cash card," that is, a card that customers of private banks could use at ATMs to load up on digital cash instead of paper money. "Just like paper money, if the holder lost that card or had their wallet stolen, the card would have value on it that anyone could use," Peebles said. 

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