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20 May, 2021 07:22

US may drop Nord Stream 2 sanctions & bitcoin beating drags on

As the US economy continues to rally and the Covid-19 pandemic wanes in the nation, could we soon see the Federal Reserve boost lending rates? Former Fed insider Danielle DiMartino Booth offers her insight on the FOMC minutes and what moves the central bank could make as the summer looks set for an economic boom. 

The Biden administration has now declined to place sanctions on the highly controversial Nord Stream 2 pipeline project that is set to deliver natural gas from Russia to Germany. Professor Richard Wolff, host of Economic Update, gives his analysis on the latest decision from the United States and what impact it could have on geopolitical relations. 

Following a crucial decision from China to crack down on bitcoin use among financial institutions, the fintech’s price has plummeted. Boom Bust’s Christy Ai and Ben Swann break down China’s latest decision and the rollercoaster ride for the world’s foremost cryptocurrency. 

And as green efforts take center stage in a changing consumer mindset, some firms are adapting to the rising trends. RT America’s Natasha Sweatte takes a look at two firms that are making the move to hop on the bandwagon.

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