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Jumping to America's 250th year, we are spending more than that just on interest payments on our debt.

Why the US economy is ringing alarm bells
www.bbc.co.uk

Members of the BRICS group of nations are discussing potential linkages between their respective fast payment systems and central ​bank digital currencies, Reserve Bank of India Governor Sanjay ‌Malhotra said https://t.co/LNYcsCbz1t #BRICS #DigitalCurrency #PaymentSystems #IN #BR #RU #ZA #CN

What does it actually mean to live from music in Estonia? For an independent musician, the answer is more complicated than it sounds. I have recently been fortunate enough to experience something that many musicians dream of: I can live from my music. I compose, produce, perform, write, run a music label and organise concerts. After years of combining music with other jobs, I finally have the freedom to make my living from the thing I have always wanted to do. It sounds wonderful. Well, it is wonderful. But it is also a struggle that is rarely visible from the outside. As an independent artist and entrepreneur, I do not simply receive money for making music. I have to create that income through my company, pay the costs of running the business, pay taxes, and then pay myself a salary. There is no employer absorbing the administrative and financial burden behind my work. I am simultaneously the artist, producer, promoter, employer and employee. At the moment, my income is modest. I pay myself roughly €900 because that is what my business can realistically sustain. Yet for my company to pay me that amount, the actual cost is around €1,370. Approximately €470 goes towards social tax and other mandatory employment related payments. And this comes after VAT has already taken its share of my business activity. That is the part of the discussion that is often missing when we talk about taxation. #estonia #estonianculture #music #tax #eutax #musictax #concert https://tunitemusic.com/post/an-independent-artists-view-of-estonias-24-vat/

An Independent Artist’s View of Estonia’s 24% VAT - Tunitemusic
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🇺🇸 RFK Jr. revealed the Biden administration gutted anti-fraud oversight at his agency. There used to be 80 people watching over $2.2 trillion in annual payments across 50 states. Xavier Becerra transferred 76 of them out. When RFK Jr. took over, only six were left. He said it was an open invitation for fraudsters. Fake hospices billed for thousands of phantom patients. Durable medical equipment and autism services scams ran into the tens of billions, especially in LA. The old policy was literally “pay and chase.” Send the money first, then try to get it back later. https://x.com/MarioNawfal/status/2087356394299420918

Mario Nawfal (@MarioNawfal) on X

”Inside the War on Hezbollah’s Finances”. After the 2024 war, Hezbollah said Al-Qard al-Hassan would distribute $12,000 to $14,000 per household to families whose homes were destroyed. But those compensation payments, repeatedly delayed, have now been halted entirely #Hezbollah #WarFinances #AlQardAlHassan #LB #IL

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Sandfeen Jul 22

.@SecKennedy announces the Trump Administration is pausing more than $1 billion in Medicaid payments to California and Minnesota due to suspected fraud and noncompliance. "If those states want that money, they need to provide documentation that these payments are legitimate." https://x.com/RapidResponse47/status/2079578782604689855

Rapid Response 47 (@RapidResponse47) on X
Sven Clement Jul 13

Europe has a payment sovereignty problem. Wero already solves it: built by European banks, live today, no state database. Instead, Parliament voted 416-169 for a digital euro with holding caps written into the law. Money that can be capped can be frozen. Caps today, conditions https://t.co/6eEpJ1fKOH #PaymentSovereignty #DigitalEuro #EuropeanBanks #EU #DE

President Erdoğan, If Türkiye wants to move closer to the European Union and eventually join the Single Euro Payments Area (SEPA), consider strengthening monetary stability by pegging the Turkish lira to the euro. A stable exchange rate would help reduce currency volatility, https://t.co/nLiXx3lYh6 #Türkiye #Euro #MonetaryStability #TR #EU

Vacant home tax unpaid in 98pc of cases despite attempted crackdown Payments were made on only 1,454 of the 80,000 houses lying empty Having messed up the vacant home tax, hard to see FF/FG getting the derelict homes tax right! https://t.co/wDNlPqVLA7 #VacantHomeTax #HousingCrisis #IrelandHousing #IE

newsORF.at Jun 22

Die Erste Bank, die Raiffeisen Bank International und drei Raiffeisen-Landesbanken sind als Gesellschafter bei der European Payments Initiative eingestiegen, um das europäische Onlinezahlungssystem Wero zu unterstützen, das als Konkurrenz zu PayPal, Mastercard und Visa fungieren soll und bereits in mehreren europäischen Ländern verfügbar ist. #Wero #Zahlungsverkehr #EPI

Bezahldienst Wero: Erste heimische Banken steigen ein

Σύντομες πληρωμένες απαντήσεις. Σεμνά, ταπεινά και με αυτοπεποίθηση. #paobc https://t.co/VyhrOvpRjk #payments #confidence #humility

David Marcus Jun 17

This was long in the making! @Lightspark Grid now supports realtime payments (B2B, B2C, C2C) to China 🇨🇳 and adds CNY. More currencies, more payment systems, more redundancy, best dev experience. Can't stop, won't stop! https://t.co/FX2JDQZSJp https://t.co/gV0Ams5M9D #RealtimePayments #Fintech #Payments #CN

K
kian Jun 15

Totale Kapitulation... Die USA und Iran haben einen Friedensdeal. Unterzeichnung am Freitag, 19. Juni, in der Schweiz. Vermittelt von Pakistan und Qatar. Die Kernpunkte des 14-Punkte-Memorandums: 1. Iran erhält $24 Milliarden an eingefrorenen Vermögenswerten zurück, $12 Milliarden davon direkt, bevor die finalen Verhandlungen überhaupt beginnen. 2. Im finalen Deal verpflichten sich die USA und ihre Verbündeten zusätzlich zu einem Wiederaufbaufonds für Iran in Höhe von mindestens $300 Milliarden. 3. Sofortige und permanente Waffenruhe an allen Fronten, ausdrücklich inklusive Libanon. 60-Tage-Verhandlungsfenster für die finalen technischen Details des Nuklearabkommens. 4. Die USA heben die Marineblockade auf und ziehen alle Truppen aus dem iranischen Umfeld zurück. 5. Die USA verpflichten sich, vollständige Sanktionsaufhebungen in den finalen Deal einfließen zu lassen. 6. Iran pausiert im Gegenzug die Toll Payments an der Straße von Hormuz für 60 Tage. Hormuz wird wieder geöffnet. WAS BEDEUTET DAS FÜR DIE USA 🇺🇸 Das Bild amerikanischer Macht ist deutlich beschädigt. Washington konnte Iran nicht in die Knie zwingen. Konnte Hormuz nicht im Alleingang öffnen. Konnte Saudi-Arabien nicht in einen Krieg zwingen. Konnte die Normalisierung mit Israel nicht durchdrücken. Konnte seine Verbündeten nicht vor den günstigeren iranischen Raketen schützen, trotz der deutlich teureren Abwehrtechnologie. Konnte die NATO nicht zum Mitmachen bewegen. Konnte Europa nicht zum Mitmachen bewegen. Konnte China nicht zum Bruch mit Iran bewegen. Und konnte nicht verhindern, dass Golfstaaten hinter den Kulissen mit Teheran verhandelten, um sich selbst aus der iranischen Zielliste zu nehmen. Jede einzelne dieser Niederlagen ist für sich klein. Zusammen sind sie das strukturelle Verschieben einer globalen Achse. Und am Ende zahlt Washington $300 Milliarden für den Wiederaufbau des Landes, das es zerstören wollte. WAS BEDEUTET DAS FÜR ISRAEL 🇮🇱 Israel hat sich überstreckt und gescheitert. Es hat erfolgreich die USA in den Krieg mit Iran gezogen, aber keines seiner strategischen Ziele erreicht. Kein Regime-Change in Teheran. Keine arabisch-israelische Koalition. Keine neu annektierten Gebiete. Öffentlich von Trump zurückgepfiffen nach dem Angriff auf Beirut. Unter heftigem Protest in einen Deal gezwungen, den die eigene Regierung vehement abgelehnt hat. Übrig bleibt eine US-Öffentlichkeit, die Tel Aviv offen die Schuld dafür gibt, Amerika in einen Krieg gezogen zu haben, den niemand führen musste. Mit potentiell generationenbestimmenden Konsequenzen für die US-israelische Beziehung. Und das in einem System, in dem Israel keinen Krieg führen kann ohne amerikanische Gelder, Truppen, Waffen und diplomatische Deckung. Multipolar war lange Theorie. Diese Woche wird sie in der Schweiz mit zwei Unterschriften zur Infrastruktur. Empires kündigen ihren Niedergang nicht an. Sie unterschreiben ihn. #Frieden #USAIran #Geopolitik

The thing about the Brazilian payment system Pix is that it’s superior to US alternatives and Brazilians know it. Attacking it thus makes the US look like a bad loser. Pix succeeded because it’s better, not because of unfair trade practices. #Pix #Brazil #PaymentSystems #BR #US

Edwy Plenel Jun 1

A year after our "Dirty Payments" investigation into the French group Worldline, Mediapart reveals that the British platform Wise is being prosecuted in Belgium for money laundering 500 million euros, in connection with hundreds of criminal cases. (translated)

Analiza Global Payments arată că vineri este ziua cu cele mai multe cumpărături în România, generând cele mai ridicate valori totale în diverse industrii, în timp ce sâmbăta se înregistrează cel mai mare trafic în retail, iar zilele de marți, miercuri și joi sunt dedicate achizițiilor premium și serviciilor specializate. #cumpărături #România #weekend

Vineri este ziua în care românii face cele mai multe cumpărături

RT @MatrixMysteries: An American checks her student loans. She borrowed $49,548.74. After 120 payments, she’s paid $25,558.36. Her curre… #StudentLoans #DebtCrisis #FinancialLiteracy #US