As he lived in a tent and battled to provide for his family, Hussam al-Masri, a Reuters journalist killed by Israeli fire on Monday while running a live video feed at Gaza's Nasser Hospital, covered the suffering of civilians during the conflict. According to journalist colleagues, Masri, 49, was a seasoned cameraman who was well-liked by Gaza's close-knit community of reporters because of his upbeat demeanor in the most perilous circumstances. In the months before his death, he would say, "Tomorrow will be better," despite the fact that the Palestinian enclave was becoming increasingly desolate and hungry. That was the conclusion of his final discussion with Mohamed Salem, a senior Reuters visuals journalist who had collaborated with Masri in Rafah, in southern Gaza, last year and had known him since 2003. Salem, who left Gaza later in 2024 but stayed in daily contact with Masri until Monday morning, said he was a pleasure to work with because of his smiles and o...
Exclusive: According to sources, China is thinking of introducing stablecoins backed by the yuan to increase the use of currencies worldwide.
In a significant reversal of its position on digital assets, China is thinking of permitting the use of yuan-backed stablecoins for the first time in an effort to encourage broader adoption of its currency internationally, according to people familiar with the situation. According to the sources, China's cabinet, the State Council, will examine and potentially approve a roadmap later this month for increased currency usage worldwide, which includes catching up with the United States' push on stablecoins. They stated that the roadmap will also include guidelines for risk prevention and that the plan is anticipated to include targets for the use of the Chinese currency in international markets as well as the duties of domestic regulators. According to one of the sources, the nation's top leaders are also anticipated to convene for a study session as early as the end of this month, with an emphasis on stablecoins and yuan internationalization, which are gaining traction glo...