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financial system

Cryptocurrency

MAS talks to Facebook over Libra

(June 27): The Monetary Authority of Singapore has held discussions with Facebook Inc. about its plans for a new cryptocurrency, though the regulator still sees significant obstacles in the way of the social media firm’s project.

Global Economy

US beats Singapore to top of global competitiveness rankings

ZURICH (Oct 17): The US is back at the top of the global competitiveness league, according to the World Economic Forum, which praised the nation’s entrepreneurial culture and financial system while noting its “weakening social fabric.”
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