Crypto tax-dodging crackdown & St. Petersburg kicks off economic forum
The Biden administration has proposed new rules to crack down on what they say are international tax-evasion schemes in the cryptocurrency sector. Boom Bust’s Christy Ai joins the program to take a look at the specifics of the proposal and what it could mean on the world stage. Plus, as Russia has boosted its efforts in the fight against Covid-19, the St. Petersburg Economic Forum is underway for the first time since the pandemic began. RT correspondent Yulia Shapovalova is on the ground there and managed to catch up with a key player in the development of the Sputnik V vaccine. Then we take you back stateside, where the Federal Reserve is set to begin selling bonds that it scooped up during the pandemic. Octavio Marenzi of Opimus LLC and Michael Pento of Pento Portfolio Strategies lend their insight to the central bank’s latest decision and the continuing inflation facing the nation.
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