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14:04
Unicoin establishes the Unicoin Foundation, and management will henceforth be handled by the foundation.
Foresight News reports that the crypto investment company Unicoin Inc. has announced the establishment of the Unicoin Foundation. The foundation will be chaired by investor Robert Newman and governed by a board of 27 directors elected by shareholders. It will operate independently from Unicoin Inc., focusing on education and ecosystem development initiatives. Previously, over 4,000 Unicoin shareholders participated in the governance vote, and nearly 99% of shareholders supported the transition to an independent foundation structure. Management responsibilities will officially transfer from Unicoin Inc. to the foundation.
13:53
U.S. Energy Secretary predicts gasoline won’t drop to $3 until next year; Trump: Completely wrong
```htmlGolden Ten Data, April 20 – During an interview with The Hill on Monday, U.S. President Trump stated that he disagrees with Energy Secretary Wright's assessment that gasoline prices may not fall below $3 per gallon until next year. When asked about this assessment, Trump said, "No, I think he is wrong on this point. Very wrong." When asked when he believes oil prices will drop, Trump replied: "As soon as this war ends (referring to the war with Iran)."```
13:49
Economist: If not for the Iran issue, Canada should be considering an interest rate cut
Golden Ten Data, April 20 – Douglas Porter, Chief Economist at Bank of Montreal, stated that Canada’s March inflation report could have been worse. Rising energy prices drove the inflation rate up from 1.8% to 2.4%, but it did not reach the expected 2.6% increase. Energy-related components (such as gasoline) pushed inflation higher, while items such as telephone services, car insurance, furniture, and some housing costs declined. Porter explained that this indicates “underlying economic fundamentals are relatively weak.” As a result, underlying inflation appears to be under control. If not for the Iran conflict, the current focus of discussion would likely be the Bank of Canada’s potential interest rate cuts, rather than the possibility of a hike.
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